Overview
NACE is the European standard classification of economic activities. It is derived from ISIC and adapted to European circumstances. NACE Rev.2.1 was adopted in 2023 and replaces NACE Rev.2 (2008).
NACE Rev.2.1 introduces new concepts like digital platforms, circular economy activities, and better coverage of services. The revision aligns NACE more closely with current ISIC revision directions.