2023 Statistical Classification of Economic Activities in the European Community (NACE) 2026-02-17 nace NACE The Statistical classification of economic activities (NACE) in the European Community, is the classification of economic activities in the European Union (EU). The term NACE is derived from the French title: Nomenclature statistique des activités économiques dans la Communauté européenne. NACE is the European version of ISIC (International Standard Industrial Classification of All Economic Activities), which is a global classification of economic activities maintained by the UN. Various NACE versions have been developed since 1970. The newest version is NACE revision 2 update 1 (NACE rev. 2.1), which is to be used for European statistics from 2025 onwards. This was adopted by the European Commission in October 2022. For European statistics referring to the period 2008-2024, the members of the European Statistical System (ESS) are using the NACE revision 2 (NACE rev. 2). ux2