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 2.1 and was established by Commission Delegated Regulation (EU) 2023/137 of 10 October 2022 amending Regulation (EC) No 1893/2006.Commission Delegated Regulation (EU) 2023/137 of 10 October 2022 amending Regulation (EC) No 1893/2006 of the European Parliament and of the Council establishing the statistical classification of economic activities NACE Revision 2 This revision takes effect from 2025. It is the European implementation of the UN classification ISIC, revision 5.
There is a correspondence between NACE and United Nations' International Standard Industrial Classification of all Economic Activities.
The NACE system is similar to the SIC and NAICS systems in function. Standard Industrial Classification North American Industry Classification System
NACE uses four hierarchical levels: Level 1: 22 sections identified by alphabetical letters A to V; Level 2: 88 divisions identified by two-digit numerical codes (01 to 99); Level 3: 272 groups identified by three-digit numerical codes (01.1 to 99.0); Level 4: 615 classes identified by four-digit numerical codes (01.11 to 99.00).
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.
Level 1 Codes The 22 Level 1 codes are: +Statistical Classification of Economic Activities in the European Community Rev. 2.1 (2023): Level 1 CodesCodeEconomic AreaAAgriculture, Forestry and FishingBMining and QuarryingCManufacturingDElectricity, Gas, Steam and Air Conditioning SupplyEWater Supply; Sewerage, Waste Management and Remediation ActivitiesFConstructionGWholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesHTransportation and StorageIAccommodation and Food Service ActivitiesJPublishing, Broadcasting, and Content Production and Distribution Activities KTelecommunication, Computer Programming, Consulting, Computing Infrastructure, and other Information Service Activities LFinancial and Insurance ActivitiesMReal Estate ActivitiesNProfessional, Scientific and Technical ActivitiesOAdministrative and Support Service ActivitiesPPublic Administration and Defence; Compulsory Social SecurityQEducationRHuman Health and Social Work ActivitiesSArts, Sports and RecreationTOther Service ActivitiesUActivities of Households as Employers; Undifferentiated Goods and Services Producing Activities of Households for Own UseVActivities of Extraterritorial Organisations and Bodies
References
External links For an overview of NACE and full list of NACE Codes, please refer to:
NACE overview Statistical Classification of Economic Activities in the European Community, Rev. 2.1 (2023) (NACE Rev. 2.1)