In today's world, Statistical Classification of Economic Activities in the European Community has become a topic of great relevance and interest to a large number of people. Its impact is seen in different aspects of daily life, from technology to culture and society. As Statistical Classification of Economic Activities in the European Community continues to evolve and take on new forms, it is crucial to analyze its influence and understand its role in our ever-changing world. In this article, we will explore different aspects of Statistical Classification of Economic Activities in the European Community, from its origins to its current impact, with the aim of providing a comprehensive view of this phenomenon and its relevance today.
The Statistical Classification of Economic Activities in the European Community, commonly referred to as NACE (for the French term "nomenclature statistique des activités économiques dans la Communauté européenne"), is the industry standard classification system used in the European Union. The current version is revision 2 and was established by Regulation (EC) No 1893/2006. It is the European implementation of the UN classification ISIC, revision 4.
There is a correspondence between NACE and United Nations' International Standard Industrial Classification of all Economic Activities.
NACE is similar in function to the SIC and NAICS systems:
NACE uses four hierarchical levels:
The first four digits of the code, which is the first four levels of the classification system, are the same in all European countries. National implementations may introduce additional levels. The fifth digit might vary from country to country and further digits are sometimes placed by suppliers of databases.
Code | Economic Area |
---|---|
A | Agriculture, Forestry and Fishing |
B | Mining and Quarrying |
C | Manufacturing |
D | Electricity, Gas, Steam and Air Conditioning Supply |
E | Water Supply; Sewerage, Waste Management and Remediation Activities |
F | Construction |
G | Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles |
H | Transportation and Storage |
I | Accommodation and Food Service Activities |
J | Information and Communication |
K | Financial and Insurance Activities |
L | Real Estate Activities |
M | Professional, Scientific and Technical Activities |
N | Administrative and Support Service Activities |
O | Public Administration and Defence; Compulsory Social Security |
P | Education |
Q | Human Health and Social Work Activities |
R | Arts, Entertainment and Recreation |
S | Other Service Activities |
T | Activities of Households as Employers; Undifferentiated Goods and Services Producing Activities of Households for Own Use |
U | Activities of Extraterritorial Organisations and Bodies |
For a full list of NACE Codes, please refer to: