Index

Block Type

Flashcard

Flashcard Definition

An index shows the development of a number over time. It shows the change of a figure from one point in time to another. The ‘base year’ is usually set to 100. An index value of 110 then indicates an increase by 10 % compared to the value in the reference period.

💡

Beginners:Statistical concept - Index and base year

This page is part of Statistics 4 beginners, a section in Statistics Explained where statistical indicators and concepts are explained in an simple way to make the world of statistics a bit easier both for pupils and students as well as for all those with an interest in statistics.

ec.europa.eu