Statistics glossary

The concepts that begin with the selected letter along with their definition are listed below. Click "Further information" to be directed to the page where detailed information about the concept is located. You can use the links above if you want to change the start letter.

I

  • ICO

    See Instituto de Crédito Oficial

  • IGAE

    Acronym corresponding to the Spanish General Intervention Board of the State Administration (websiteOpens in a new window).

  • IIP

    See International Investment Position

  • IMF

    See International Monetary Fund

  • Industrial producer prices

    Ex-factory selling price (i.e., excluding transportation and marketing expenses and invoiced VAT) of all industrial products manufactured and sold in the domestic market, at the first stage of their commercialization

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  • INE

    Acronym corresponding to the Spanish National Institute of Statistics (websiteOpens in a new window).

  • Inflation

    Increase in the general price level. In the case of a generalized fall in prices, it is called deflation

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  • Institutional groupings

    Groups of institutional units based on certain criteria (characteristics, activity, legal framework, etc.) for the compilation and presentation of economic and financial statistics. These criteria are conditioned by the specific statistics in question.

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  • Institutional sector

    Institutional units are economic entities capable of owning goods and assets, incurring liabilities, and engaging in activities and economic operations with other units in their own name. For the purposes of the National Accounts system, institutional units are grouped into sectors, which are characterised by having similar economic behaviour.

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  • Instituto de Crédito Oficial

    The "Instituto de Crédito Oficial" (or Official Credit Institute) is a public business entity as provided for in Law 40/2015, on the Legal Regime of the Public Sector, attached to the Ministry of Economic Affairs and Digital Transformation, through the Secretary of State for Economy and Business Support.

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  • Insurance companies

    Institution or quasi-financial corporation primarily engaged in financial intermediation resulting from risk compensation, mainly in the form of direct insurance or reinsurance.

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  • Insurance, pension, and standardized guarantee schemes

    Financial assets of policyholders or beneficiaries of an insurance policy and liabilities of insurance companies, pension funds, or issuers of standardized guarantees.

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  • Interest rate

    An interest rate is a percentage that expresses the cost or return of a loan or certain savings instruments.

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  • Interest rates of Monetary Financial Institutions

    A statistic that records the interest rates applied by credit institutions and other resident monetary financial institutions, excluding central banks and money market funds, to deposits and loans denominated in euros to resident households and non-financial corporations.

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  • Intermediate consumption

    Intermediate consumption represents the value of goods and services consumed as inputs in a production process, excluding fixed assets.

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  • International Investment Position

    A macroeconomic statistic that shows the value and composition, at a given moment, of the stock of financial assets of residents in an economy that constitute claims on non-residents and the liabilities of residents to non-residents. The net international investment position is calculated as the difference between assets and liabilities.

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  • International Monetary Fund

    The International Monetary Fund (IMF) is an international organization, founded in 1944, that plays a crucial role in global economic cooperation. In the statistical context, the IMF prepares and publishes manuals such as the Balance of Payments and International Investment Position Manual.

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  • International reserves / Reserve assets

    International reserve assets are defined as external assets that are immediately available and under the control of monetary authorities to meet balance of payments financing needs, to intervene in exchange markets to influence the exchange rate, and for other related purposes.

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  • INVERCO

    The acronym stands for the Spanish Association of Collective Investment Institutions and Pension Funds.

  • Investment companies with variable capital

    Financial collective investment institutions that have been established as companies.

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  • Investment fund shares

    Investment fund shares are shares in an investment fund if it has a corporate structure. They are known as shares if it has a fund structure.

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  • IPI

    Acronym corresponding to the Industrial Production Index

  • IPRI

    Acronym corresponding to the Industrial Price Index (IPI).

  • IPSEBENE

    Acronym corresponding to the, in Spanish, Index of Prices of Services and Non-Energy Manufactured Goods.

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  • IRPH

    Simple average of the average interest rates weighted by principal on mortgage loans with a maturity of over three years for open-market house purchase arranged or renewed by commercial banks and savings banks in the month to which the index refers.

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