diff --git a/packages/tracing/src/browser/metrics/index.ts b/packages/tracing/src/browser/metrics/index.ts
index 3e011c19d823..a48eb381c213 100644
--- a/packages/tracing/src/browser/metrics/index.ts
+++ b/packages/tracing/src/browser/metrics/index.ts
@@ -50,7 +50,7 @@ function _trackCLS(): void {
     }
 
     __DEBUG_BUILD__ && logger.log('[Measurements] Adding CLS');
-    _measurements['cls'] = { value: metric.value, unit: 'none' };
+    _measurements['cls'] = { value: metric.value, unit: '' };
     _clsEntry = entry as LayoutShift;
   });
 }
diff --git a/packages/tracing/src/transaction.ts b/packages/tracing/src/transaction.ts
index 50b29fbf4a61..87e0e5a413a0 100644
--- a/packages/tracing/src/transaction.ts
+++ b/packages/tracing/src/transaction.ts
@@ -4,6 +4,7 @@ import {
   BaggageObj,
   Event,
   Measurements,
+  MeasurementUnit,
   Transaction as TransactionInterface,
   TransactionContext,
   TransactionMetadata,
@@ -77,7 +78,7 @@ export class Transaction extends SpanClass implements TransactionInterface {
   /**
    * @inheritDoc
    */
-  public setMeasurement(name: string, value: number, unit: string = ''): void {
+  public setMeasurement(name: string, value: number, unit: MeasurementUnit = ''): void {
     this._measurements[name] = { value, unit };
   }
 
diff --git a/packages/types/src/event.ts b/packages/types/src/event.ts
index c769feee65ff..14056d9d7b07 100644
--- a/packages/types/src/event.ts
+++ b/packages/types/src/event.ts
@@ -4,13 +4,13 @@ import { Contexts } from './context';
 import { DebugMeta } from './debugMeta';
 import { Exception } from './exception';
 import { Extras } from './extra';
+import { Measurements } from './measurement';
 import { Primitive } from './misc';
 import { Request } from './request';
 import { CaptureContext } from './scope';
 import { SdkInfo } from './sdkinfo';
 import { Severity, SeverityLevel } from './severity';
 import { Span } from './span';
-import { Measurements } from './transaction';
 import { User } from './user';
 
 /** JSDoc */
diff --git a/packages/types/src/index.ts b/packages/types/src/index.ts
index 8bbb5853e529..0bf2caaebe6b 100644
--- a/packages/types/src/index.ts
+++ b/packages/types/src/index.ts
@@ -65,7 +65,6 @@ export type { Stacktrace, StackParser, StackLineParser, StackLineParserFn } from
 export type { TextEncoderInternal } from './textencoder';
 export type {
   CustomSamplingContext,
-  Measurements,
   SamplingContext,
   TraceparentData,
   Transaction,
@@ -73,6 +72,14 @@ export type {
   TransactionMetadata,
   TransactionSamplingMethod,
 } from './transaction';
+export type {
+  DurationUnit,
+  InformationUnit,
+  FractionUnit,
+  MeasurementUnit,
+  NoneUnit,
+  Measurements,
+} from './measurement';
 export type { Thread } from './thread';
 export type {
   Transport,
diff --git a/packages/types/src/measurement.ts b/packages/types/src/measurement.ts
new file mode 100644
index 000000000000..8aea675d5254
--- /dev/null
+++ b/packages/types/src/measurement.ts
@@ -0,0 +1,43 @@
+// Based on https://getsentry.github.io/relay/relay_metrics/enum.MetricUnit.html
+// For more details, see measurement key in https://develop.sentry.dev/sdk/event-payloads/transaction/
+
+/**
+ * A time duration.
+ */
+export type DurationUnit = 'nanosecond' | 'microsecond' | 'millisecond' | 'second' | 'minute' | 'hour' | 'day' | 'week';
+
+/**
+ * Size of information derived from bytes.
+ */
+export type InformationUnit =
+  | 'bit'
+  | 'byte'
+  | 'kilobyte'
+  | 'kibibyte'
+  | 'megabyte'
+  | 'mebibyte'
+  | 'gigabyte'
+  | 'terabyte'
+  | 'tebibyte'
+  | 'petabyte'
+  | 'exabyte'
+  | 'exbibyte';
+
+/**
+ * Fractions such as percentages.
+ */
+export type FractionUnit = 'ratio' | 'percent';
+
+/**
+ * Untyped value without a unit.
+ */
+export type NoneUnit = '' | 'none';
+
+// See https://github.com/microsoft/TypeScript/issues/29729#issuecomment-1082546550
+// Needed to make sure auto-complete will work for the string union type while still
+// allowing for arbitrary strings as custom units (user-defined units without builtin conversion or default).
+type LiteralUnion<T extends string> = T | Omit<T, T>;
+
+export type MeasurementUnit = LiteralUnion<DurationUnit | InformationUnit | FractionUnit | NoneUnit>;
+
+export type Measurements = Record<string, { value: number; unit: MeasurementUnit }>;
diff --git a/packages/types/src/transaction.ts b/packages/types/src/transaction.ts
index 1209e4b374d7..a596f720f713 100644
--- a/packages/types/src/transaction.ts
+++ b/packages/types/src/transaction.ts
@@ -1,4 +1,5 @@
 import { Baggage } from './baggage';
+import { MeasurementUnit } from './measurement';
 import { ExtractedNodeRequestData, Primitive, WorkerLocation } from './misc';
 import { Span, SpanContext } from './span';
 /**
@@ -80,7 +81,7 @@ export interface Transaction extends TransactionContext, Span {
    * @param value Value of the measurement
    * @param unit Unit of the measurement. (Defaults to an empty string)
    */
-  setMeasurement(name: string, value: number, unit: string): void;
+  setMeasurement(name: string, value: number, unit: MeasurementUnit): void;
 
   /** Returns the current transaction properties as a `TransactionContext` */
   toContext(): TransactionContext;
@@ -127,8 +128,6 @@ export interface SamplingContext extends CustomSamplingContext {
   request?: ExtractedNodeRequestData;
 }
 
-export type Measurements = Record<string, { value: number; unit: string }>;
-
 export type TransactionSamplingMethod = 'explicitly_set' | 'client_sampler' | 'client_rate' | 'inheritance';
 
 export interface TransactionMetadata {