International Standard Industrial Classification
Encyclopedia
The International Standard Industrial Classification of All Economic Activities is a United Nations
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...

 system for classifying economic data. The United Nations Statistics Division describes it in the following terms:
Wide use has been made of ISIC, both nationally and internationally, in classifying data according to kind of economic activity in the fields of production, employment, gross domestic product and other statistical areas. ISIC is a basic tool for studying economic phenomena, fostering international comparability of data, providing guidance for the development of national classifications and for promoting the development of sound national statistical systems.


For the two-number codes of this system and links to greater detail see UN Statistics Website.

See also

  • Standard Industrial Classification
    Standard Industrial Classification
    The Standard Industrial Classification is a United States government system for classifying industries by a four-digit code. Established in 1937, it is being supplanted by the six-digit North American Industry Classification System , which was released in 1997; however certain government...

     (United States)
  • North American Industry Classification System
  • United Kingdom Standard Industrial Classification of Economic Activities
    United Kingdom Standard Industrial Classification of Economic Activities
    The United Kingdom Standard Industrial Classification of Economic Activities, or UKSIC, is a Standard Industrial Classification that is intended to help classify businesses according to the type of their economic activity....

  • Russian Economic Activities Classification System (OKVED) 
  • Industry Classification Benchmark
    Industry Classification Benchmark
    The Industry Classification Benchmark is an industry classification taxonomy developed by Dow Jones and FTSE. It is used to segregate markets into sectors within the macroeconomy...

  • Global Industry Classification Standard
    Global Industry Classification Standard
    The Global Industry Classification Standard is an industry taxonomy developed by MSCI and Standard & Poor's for use by the global financial community. The GICS structure consists of 10 sectors, 24 industry groups, 68 industries and 154 sub-industries into which S&P has categorized all major...

  • Statistical classification of economic activities in the European Community
    Statistical classification of economic activities in the European Community
    The Statistical Classification of Economic Activities in the European Community , commonly referred to as NACE, is a European industry standard classification system consisting of a 6 digit code.NACE is similar in function to the SIC and NAICS systems:*Standard Industrial...

     (NACE)
  • Industry information
    Industry information
    Industry classification or industry taxonomy organizes companies into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets....

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