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International Standard Industrial Classification of All Economic Activities (ISIC), Rev.4

image of International Standard Industrial Classification of All Economic Activities (ISIC), Rev.4
The International Standard Industrial Classification of all Economic Activities (ISIC) is the international reference classification of productive economic activities. The publication's main purpose is to provide a set of activity categories that can be utilized for the production of statistics according to activity, i.e., production and national income, economic, demographic, and social statistics. This is an important tool for comparing statistical data on economic activities at the international level.

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Application of the classification

55. In ISIC, the expression “activity” is used to identify productive activities. These activities are defined as the use of inputs (e.g., capital, labor, energy and materials) to produce outputs. The outputs that result from undertaking activities can be transferred or sold to other units (in market or non-market transactions), placed in inventory or used by the producing units for own final use.

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