Statistical classification of economic activities in the European Community
Encyclopedia
The Statistical Classification of Economic Activities in the European Community (in French: Nomenclature statistique des activités économiques dans la Communauté européenne), 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:
The first four digits of the code, which is the first four levels of the classification system, are the same in all European countries. The fifth digit might vary from country to country and further digits are sometimes placed by suppliers of databases.
NACE is similar in function to the SIC and NAICS systems:
- Standard Industrial ClassificationStandard Industrial ClassificationThe 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...
- North American Industry Classification System
The first four digits of the code, which is the first four levels of the classification system, are the same in all European countries. The fifth digit might vary from country to country and further digits are sometimes placed by suppliers of databases.