NACE Classification

From Open Risk Manual

Definition

NACE (Nomenclature of Economic Activities) is the European statistical classification of economic activities. It is established be law[1]

It consists of an alphanumeric designation of the form DNN.N.N, where D stands for a capital letter A-Z and N are digits 0-9. The system is hierarchical: at the highest level are broad industrial sectors such as Manufacturing or Mining which are refined at two further levels, i.e. sector, sub-sector and sub-subsector. The hierarchical levels are denoted respectively:

  • Section
  • Division
  • Group
  • Class

Example

  • R - Arts, entertainment and recreation
  • R90.0 - Creative, arts and entertainment activities
  • R90.0.3 - Artistic creation

Top Level NACE Sectors (Sections)

This is the NACE Rev. 2 highest level segmentation [2]

Section Title
A NACE Section A - Agriculture, Forestry and Fishing
B NACE Section B - Mining and Quarrying
C NACE Section C - Manufacturing
D NACE Section D - Electricity, Gas, Steam and Air Conditioning Supply
E NACE Section E - Water Supply, Sewerage, Waste Management and Remediation Activities
F NACE Section F - Construction
G NACE Section G - Wholesale and Retail Trade
H NACE Section H - Transporting and Storage
I NACE Section I - Accommodation and Food Service Activities
J NACE Section J - Information and Communication
K NACE Section K - Financial and Insurance Activities
L NACE Section L - Real Estate Activities
M NACE Section M - Professional, Scientific and Technical Activities
N NACE Section N - Administrative and Support Service Activities
O NACE Section O - Public Administration and Defence, Compulsory Social Security
P NACE Section P - Education
Q NACE Section Q - Human Health and Social Work Activities
R NACE Section R - Arts, Entertainment and Recreation
S NACE Section S - Other Service Activities
T NACE Section T - Activities of Households as Employers
U NACE Section U - Activities of Extraterritorial Organisations and Bodies

See Also

References

  1. Regulation (EC) No. 1893/2006 of the European Parliament and of the Council of 20 December 2006 establishing the statistical classification of economic activities NACE Revision 2 and amending Council Regulation (EEC) No. 3037/90 as well as certain EC Regulations on specific statistical domains (OJ L 393, 30.12.2006, p. 1)
  2. NACE Rev. 2, Statistical classification of economic activities in the European Community

Contributors to this article

» Wiki admin