UNSPSC
Global product/service classification for procurement and supply chain management.
Classify economic activities with EU's NACE standard
NACE (Nomenclature statistique des activités économiques) is the European Union's statistical classification of economic activities, developed by Eurostat to ensure harmonized economic analysis across all EU member states. This comprehensive framework enables consistent business registration, national accounts compilation, employment statistics, and cross-country economic comparisons, serving as the foundation for EU policy-making, regional development planning, and structural business statistics.
"Nuclear power plant (NPP)"
Classification Results
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35.11 64.6%
Production of electricity from non-renewable sources
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24.46 64.2%
Processing of nuclear fuel
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42.22 61.2%
Construction of utility projects for electricity and telecommunications
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38.22 61.2%
Energy recovery
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25.21 61.0%
Manufacture of central heating radiators, steam generators and boilers
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35.14 60.7%
Distribution of electricity
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35.12 60.4%
Production of electricity from renewable sources
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07.21 60.4%
Mining of uranium and thorium ores
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35.13 60.3%
Transmission of electricity
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33.11 60.2%
Repair and maintenance of fabricated metal products
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NACE: EU Economic Activity Classification
EU Statistical Framework
NACE is the statistical classification of economic activities in the EU:
- • European statistical system foundation
- • National accounts and GDP calculations
- • Business registers and company surveys
- • Employment and labor market statistics
- • Structural business statistics (SBS)
Harmonized EU Standards
NACE ensures consistency across EU member states:
- • Compatible with ISIC Rev.4 international standard
- • 4-level hierarchical structure (21 sections)
- • Regular updates every 5-10 years
- • Multilingual implementation across EU
- • Cross-country economic comparisons
Business & Policy Applications
NACE codes are used by Eurostat, national statistical institutes, and EU policymakers for economic analysis, regional development planning, and monitoring of economic performance across different sectors and regions.
Other Classification Standards
ETIM
Technical product classification for electrical and building technology sectors.
NAICS
North American business classification for government contracting and statistics.
ISIC
UN global standard for economic activity classification and international statistics.
HS
Harmonized System codes for international trade and customs classification.
CN
EU Combined Nomenclature for customs and trade within the European Union.
CPV
Common Procurement Vocabulary for EU public procurement and tenders.
NSN
NATO Stock Number classification for defense and military logistics.