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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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Overview

1. The International Standard Industrial Classification of All Economic Activities (ISIC) consists of a coherent and consistent classification structure of economic activities based on a set of internationally agreed concepts, definitions, principles and classification rules. It provides a comprehensive framework within which economic data can be collected and reported in a format that is designed for purposes of economic analysis, decision-taking and policy-making. The classification structure represents a standard format to organize detailed information about the state of an economy according to economic principles and perceptions.

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