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International Standard Industrial Classification Of All Economic Activities
The International Standard Industrial Classification of All Economic Activities (ISIC) is a United Nations industry classification system. Wide use has been made of ISIC in classifying data according to kind of economic activity in the fields of employment and health data. It is maintained by the United Nations Statistics Division. ISIC classifies entities by activity. The most detailed categories are defined by combinations of activities described in statistical units, considering the relative importance of the activities included in these classes. ISIC Rev.4 continues to use criteria such as input, output and use of the products produced, but places additional emphasis on production processes. Revision history The United Nations Statistics Division has published the following revisions of the ISIC standard: * Revision 1 – Published in 1958International Trade Center Investment Map' * Revision 2 – Published in 1968 * Revision 3 – Published in 1989 * Revision 3.1 – Publ ...
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United Nations
The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and international security, security, to develop friendly Diplomacy, relations among State (polity), states, to promote international cooperation, and to serve as a centre for harmonizing the actions of states in achieving those goals. The United Nations headquarters is located in New York City, with several other offices located in United Nations Office at Geneva, Geneva, United Nations Office at Nairobi, Nairobi, United Nations Office at Vienna, Vienna, and The Hague. The UN comprises six principal organizations: the United Nations General Assembly, General Assembly, the United Nations Security Council, Security Council, the United Nations Economic and Social Council, Economic and Social Council, the International Court of Justice, the United Nations Se ...
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Industry Classification
Industry classification or industry taxonomy is a type of economic taxonomy that classifies companies, organizations and traders into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets. National and international statistical agencies use various industry-classification schemes to summarize economic conditions. Securities analysts use such groupings to track common forces acting on groups of companies, to compare companies' performance to that of their peers, and to construct either specialized or diversified portfolios. Sectors and industries Economic activities can be classified in a variety of ways. At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Some authors add quaternary (knowledge) or even quinary (culture and research) sectors. Over time, the fraction of a soci ...
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United Nations Statistics Division
The United Nations Statistics Division (UNSD), formerly the United Nations Statistical Office, serves under the United Nations Department of Economic and Social Affairs (DESA) as the central mechanism within the Secretariat of the United Nations to supply the statistical needs and coordinating activities of the global statistical system. The Division is overseen by the United Nations Statistical Commission, established in 1947, as the apex entity of the global statistical system and highest decision making body for coordinating international statistical activities. It brings together the Chief Statisticians from member states from around the world. The Division compiles and disseminates global statistical information, develops standards and norms for statistical activities, and supports countries' efforts to strengthen their national statistical systems. The Division regularly publishes data updates, including the Statistical Yearbook and World Statistics Pocketbook, and books an ...
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Standard Industrial Classification
The Standard Industrial Classification (SIC) is a system for classifying industries by a four-digit code as a method of standardizing industry classification for statistical purposes across agencies. Established in the United States in 1937, it is used by government agencies to classify industry areas. Similar SIC systems are also used by agencies in other countries, e.g., by the United Kingdom's Companies House. In the United States, the SIC system was last revised in 1987 and was last used by the Census Bureau for the 1992 Economic Census, and has been replaced by the North American Industry Classification System (NAICS code), which was released in 1997. Some U.S. government departments and agencies, such as the U.S. Securities and Exchange Commission (SEC), continue to use SIC codes. The SIC code for an establishment, that is, a unique business with a registered U.S. headquarters, was determined by the industry appropriate for the overall largest product lines of the company ...
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International Trade Centre
The International Trade Centre (ITC) () is a multilateral agency which has a joint mandate with the World Trade Organization (WTO) and the United Nations (UN) through the United Nations Conference on Trade and Development (UNCTAD). The headquarters of the ITC are in Geneva, and the agency employs around 300 employees from over 80 different nationalities. History ITC is the successor to the International Trade Information Centre, which the General Agreement on Tariffs and Trade (GATT) established in 1964 to assist the exports of developing countries. An agreement was reached between the GATT and the newly established UNCTAD to create a joint subsidiary in 1967. The International Trade Centre (ITC) was established on 1 January 1968. The ITC has a joint mandate with the World Trade Organization (WTO) and the United Nations (UN) through the United Nations Conference on Trade and Development (UNCTAD). The ITC is the focal point for trade-related technical assistance. Funding T ...
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North American Industry Classification System
The North American Industry Classification System or NAICS () is a industry classification, classification of business establishments by type of economic activity (the process of production). It is used by governments and business in Canada, Mexico, and the United States dollar, United States of America. It has largely replaced the older Standard Industrial Classification (SIC) system, except in some government agencies, such as the U.S. Securities and Exchange Commission (SEC). An establishment is typically a single physical location, though administratively distinct operations at a single location may be treated as separate establishments. Each establishment is classified as an industry according to the primary business activity taking place there. NAICS does not offer guidance on organizing enterprises (companies) composed of multiple establishments. Codes The NAICS numbering system employs a five or six-digit code at the most detailed industry level. The first five digits ...
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United Kingdom Standard Industrial Classification Of Economic Activities
The United Kingdom Standard Industrial Classification of Economic Activities (UKSIC) is a Standard Industrial Classification that is intended to help classify businesses according to the type of their economic activity. One or more SIC codes can be attributed to a business. SIC codes identify what a business does. Over time there have been several different SIC systems used in the UK, with versions published in 1958, 1968, 1980, 1992, 1997, 2003 and 2007. These taxonomies have been adapted to cope with the changes in UK industry, The 1980 system was far more detailed in manufacturing, while the 2007 system is much stronger in the IT sector. Many companies still use the 2003 codes which were the 1992 system updated slightly. However, the very latest version is the 2007 SIC system History A Standard Industrial Classification (SIC) was first introduced into the United Kingdom in 1948 for use in classifying business establishments and other statistical units by the type of economic ac ...
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Australian And New Zealand Standard Industrial Classification
Australian and New Zealand Standard Industrial Classification (ANZSIC) was jointly developed by the Australian Bureau of Statistics and Statistics New Zealand in order to make it easier to compare industry statistics between the two countries and with the rest of the world. The 2006 edition of the ANZSIC replaced the 1993 edition, which was the first version produced. Prior to 1993, Australia and New Zealand had separate industry classifications. It is arranged into 19 broad industry divisions and 96 industry subdivisions There are two more detailed levels called Groups and Classes. ANZSIC codes are four-digit numbers. The Australian Taxation Office (ATO) uses five-digit codes referred to as Business Industry Codes. In the 2006 edition, Industry Division D has been expanded to include 'Waste Services', and 'hunting' is removed from Industry Division A. Divisions and subdivisions A — Agriculture in Australia, Agriculture, Forestry in Australia, Forestry and Fishing * 01 — ...
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Industry Classification Benchmark
The Industry Classification Benchmark (ICB) is an industry classification taxonomy launched by Dow Jones and FTSE in 2005 and now used by FTSE International and STOXX. It is used to segregate markets into sectors within the macroeconomy. The ICB uses a system of 11 industries, partitioned into 20 supersectors, which are further divided into 45 sectors, which then contain 173 subsectors. The ICB is used globally (though not universally) to divide the market into increasingly specific categories, allowing investors to compare industry trends between well-defined subsectors. The ICB replaced the legacy FTSE and Dow Jones classification systems on 3 January 2006, and is used today by the NASDAQ, NYSE and several other markets around the globe. All ICB sectors are represented on the New York Stock Exchange except Equity Investment Instruments (8980) and Nonequity Investment Instruments (8990). Dow Jones divested itself of its 50% interest in the ICB in 2011 and announced it was cre ...
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Global Industry Classification Standard
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benchmark), a classification structure maintained by FTSE Group. GICS is used as a basis for S&P and MSCI indexes used in the financial field which each company is assigned to a sub-industry, and to an industry, industry group, and sector, by its principal business activity. "GICS" is a registered trademark of McGraw Hill Financial and MSCI Inc. Classification The classification is as follows: Per the MSCI World index, Information Technology is the biggest sector, with 22% of world capitalisation. Revisions The classification standard is regularly updated by S&P Dow Jones Indices and MSCI. Numerous c ...
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