TurkAnalitik's industry classifications follow European Classification of Economic Activities (NACE) Rev. 2. NACE Rev. 2 is the statistical classification of economic activities in the European Community and is the subject of legislation at the European Union, which imposes the use of the classification uniformly within all the member states.
NACE is the acronym used to designate the various statistical classifications of economic activities developed since 1970 in the European Union. NACE provides the framework for collecting and presenting a large range of statistical data according to economic activity in the fields of economic statistics (e.g. production, employment, national accounts) and in other statistical domains. Statistics produced on the basis of NACE are comparable at European and, in general, at world level. The use of NACE is mandatory within the European Statistical System.
The present NACE Rev. 2, which is the new revised version of the NACE Rev. 1 and of its minor update NACE Rev. 1.1, is the outcome of a major revision work of the international integrated system of economic classifications which took place between 2000 and 2007. NACE Rev. 2 reflects the technological developments and structural changes of the economy, enabling the modernisation of the Community statistics and contributing, through more comparable and relevant data, to better economic governance at both Community and national level. Development of NACE Rev. 2 has benefited from the work preparing the fourth revision of the United Nations’ International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4). Representatives from Eurostat and Member States of the EU played an important role in this work. NACE Rev. 2 has been created based on ISIC Rev. 4 and adapted to the European circumstances by a working group of experts on statistical classifications from the Member States, candidate Countries as well as EFTA Countries, with the support and guidance of the classification section at Eurostat.
NACE consists of a hierarchical structure (as established in the NACE Regulation), the introductory guidelines and the explanatory notes. The structure of NACE is described in the NACE Regulation as follows.
- a first level consisting of headings identified by an alphabetical code (sections)
- a second level consisting of headings identified by a two-digit numerical code (divisions)
- a third level consisting of headings identified by a three-digit numerical code (groups)
- a fourth level consisting of headings identified by a four-digit numerical code (classes)
TurkAnalitik reports are provided to its clients at section (21 reports) and division (88 reports) levels.
The code for the section level is not integrated in the NACE code that identifies the division, the group and the class describing a specific activity. For example, the activity “Manufacture of glues” is identified by the code 20.52, where 20 is the code for the division, 20.5 is the code for the group and 20.52 is the code of the class; section C, to which this class belongs, does not appear in the code itself.
The divisions are coded consecutively. However, some “gaps” have been provided to allow the introduction of additional divisions without a complete change of the NACE coding. These gaps have been introduced in sections that are most likely to prompt the need for additional divisions. For this purpose, the following division code numbers have been left unused in NACE Rev. 2: 04, 34, 40, 44, 48, 54, 57, 67, 76, 83 and 89. 21.
In cases where a given level of the classification is not divided further down in the classification, “0” is used in the code position for the next more detailed level. For example, the code for the class “Veterinary activities” is 75.00 because the division “Veterinary activities” (code 75) is divided neither into groups nor into classes. The class “Manufacture of beer” is coded as 11.05 since the division “Manufacture of beverages” (code 11) is not divided into several groups but the group “Manufacture of beverages” (code 11.0) is divided into classes.
Whenever possible, residual groups or classes of the type “others” and/or “n.e.c. (not elsewhere classified)” are characterised by the digit 9 (for instance group 08.9 “Mining and quarrying n.e.c.” and class 08.99 “Other mining and quarrying n.e.c.”).
NACE Rev 2. classifies Turkish economy into 21 industries at section level. These industries are;
Agriculture, forestry and fishing
Mining and quarrying
Manufacturing
Electricity, gas, steam and air conditioning supply
Water supply; sewerage, waste management and remediation activities
Construction
Wholesale and retail trade; repair of motor vehicles and motorcycles
Transportation and storage
Accommodation and food service activities
Information and communication
Financial and insurance activities
Real estate activities
Professional, scientific and technical activities
Administrative and support service activities
Public administration and defence; compulsory social security
Education
Human health and social work activities
Arts, entertainment and recreation
Other service activities
Activities of households as employers; undifferentiated goods- and services-producing activities of households for own use
Activities of extraterritorial organisations and bodies