diff --git a/core/dbt/parser/schema_yaml_readers.py b/core/dbt/parser/schema_yaml_readers.py
index 2f2a3eb18e6..780a446cb71 100644
--- a/core/dbt/parser/schema_yaml_readers.py
+++ b/core/dbt/parser/schema_yaml_readers.py
@@ -491,6 +491,18 @@ def _get_non_additive_dimension(
         else:
             return None
 
+    def _create_metric(self, measure: UnparsedMeasure) -> None:
+        unparsed_metric = UnparsedMetric(
+            name=measure.name,
+            label=measure.name,
+            type="simple",
+            type_params=UnparsedMetricTypeParams(measure=measure.name, expr=measure.name),
+            description=measure.description or f"Metric created from measure {measure.name}",
+        )
+
+        parser = MetricParser(self.schema_parser, yaml=self.yaml)
+        parser.parse_metric(unparsed=unparsed_metric)
+
     def _get_measures(self, unparsed_measures: List[UnparsedMeasure]) -> List[Measure]:
         measures: List[Measure] = []
         for unparsed in unparsed_measures:
@@ -507,6 +519,9 @@ def _get_measures(self, unparsed_measures: List[UnparsedMeasure]) -> List[Measur
                     agg_time_dimension=unparsed.agg_time_dimension,
                 )
             )
+            if unparsed.create_metric is True:
+                self._create_metric(unparsed)
+
         return measures
 
     def parse_semantic_model(self, unparsed: UnparsedSemanticModel):