22 Nov 2024
Manuals and Classifications » The National Classification for the Economic Activities (ISIC4)

Last update 15 / 09 / 2021

The National Classification for the Economic Activities (ISIC4)

Introduction

The National Classification for the Economic Activities is derived from the International Standard Industrial Classification of All Economic Activities, forth version (ISIC4) and issued by the United Nations Economic and Social Council. Its main purpose is to provide a set of sections, groups, branches and categories of activities that can be used to collect and publish statistics according to the activities. The Classification for Economic Activities can be defined as the way in which counting units can be collected according to a serial order and defined by homogeneous groups with a view to creating a general framework for comparison of statistical data at the local, regional and international levels, where the data of the economic activity can be divided according to the guide prepared for this to specific levels in a manner similar to the characteristics of economic activities classified in one rank. This similarity is in the type and use of goods and services produced, related services, intermediate inputs, technology used and funding methods.
The establishment or the unit of the economic activity type is the basis of this classification, where the units involved in the formation of the different economic sectors are classified in the appropriate place in the classification according to the main economic activity that they operate, regardless of ownership or method of work.
The classification aims at providing a set of statistical data according to the economic aspects of production, workers, wages, physical capital assets, profits, losses and budgets, as well as providing a comprehensive framework for economic activities.
 The classification consists of sections, groups and categories at the level of the fourth limit in addition to branches, economic activity and its description.

Search in ISIC 4

CHAPTER NAME ACTIVITY CODE ACTIVITY NAME
Financial and insurance activities 661904 Providing securities services such as advising

Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 661 - Activities auxiliary to financial service activities, except insurance and pension 6619 - Other activities auxiliary to financial service activities
Financial and insurance activities 661905 Providing securities services such as custody

Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 661 - Activities auxiliary to financial service activities, except insurance and pension 6619 - Other activities auxiliary to financial service activities
Financial and insurance activities 661906 Credit rating activities

Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 661 - Activities auxiliary to financial service activities, except insurance and pension 6619 - Other activities auxiliary to financial service activities
Financial and insurance activities 661907 Financial technology securities

Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 661 - Activities auxiliary to financial service activities, except insurance and pension 6619 - Other activities auxiliary to financial service activities
Financial and insurance activities 661908 Systems of payment and financial settlements and related services

Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 661 - Activities auxiliary to financial service activities, except insurance and pension 6619 - Other activities auxiliary to financial service activities
Financial and insurance activities 661911 Providing smart, secure, electronic payment services for sale points and outlets (ATM/ Cash Deposit Machines) Description :

" Manage, operate and process solutions for (point of sale, ATM / CDM, secure and smart electronic payment).
Includes support services, control , Coordinate , installation, Monitoring, Initial & periodic maintenance and fault monitoring. Comprehensive reports, including performance indicators.
"


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 661 - Activities auxiliary to financial service activities, except insurance and pension 6619 - Other activities auxiliary to financial service activities
Financial and insurance activities 662111 Observation and estimate of losses Description :

Conducting a check and inspection of the insurance shop before insure, and examining the damages after the loss to find out the causes of the loss, assessing their value and determining liability


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 662 - Activities auxiliary to insurance and pension funding 6621 - Risk and damage evaluation
Financial and insurance activities 662120 Settlement of insurance claims Description :

TPAs companies authorized to work in Saudi Arabia through SAMA and qualified from CCHI to manage health claims settlements for insurance companies to do:
1- Any related work to health insurance claims and required specialized knowledge to audit and check this claims in which a reimbursements will happen
2- Any related work to manage health insurance program from insurance companies in addition any actuarial work, training or any work within company scope.
3- Estimate resulting reimbursements from emergency health services out of medical network against actual cost to inside network providers or outside Saudi Arabia
4- Doing reconciliation to received claims and unreceived from insurance companies, providers or policyholders


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 662 - Activities auxiliary to insurance and pension funding 6621 - Risk and damage evaluation
Financial and insurance activities 662200 Insurance agency Description :

Represent the insurance company for a fee, market and sell insurance policies, and all the work you normally do on or on behalf of the company


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 662 - Activities auxiliary to insurance and pension funding 6622 - Activities of insurance agents and brokers
Financial and insurance activities 662211 Insurance brokerage Description :

Conducting with the insurance company for a fee to complete the insurance process


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 662 - Activities auxiliary to insurance and pension funding 6622 - Activities of insurance agents and brokers
Financial and insurance activities 662212 Reinsurance brokerage Description :

Transfer the insured risk burden to the reinsurer, and compensate the insured by the reinsurer for what is paid to the insured if they suffer harm or loss.


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 662 - Activities auxiliary to insurance and pension funding 6622 - Activities of insurance agents and brokers
Financial and insurance activities 662213 Electronic Insurance Aggregation Description :

'Online insurance brokerage activities carried out to complete the purchase of insurance policies for the insured, including comparison of coverage and prices offered by Insurance Companies and facilitating the sale and purchase of policies.


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 662 - Activities auxiliary to insurance and pension funding 6622 - Activities of insurance agents and brokers
Financial and insurance activities 662911 Insurance consulting Description :

Providing advisory services related to insurance activity


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 662 - Activities auxiliary to insurance and pension funding 6629 - Other activities auxiliary to insurance and pension funding
Financial and insurance activities 662912 Actuarial services Description :

Apply the theory of probabilities and statistics, under which services are priced, obligations are made, and allocations are made


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 662 - Activities auxiliary to insurance and pension funding 6629 - Other activities auxiliary to insurance and pension funding
Financial and insurance activities 663002 Managing Investments and Operating Funds Description :

Making investment decisions for investment funds and clients’ portfolios in circumstances involving the exercise of discretion, and operating investment funds


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 663 - Fund management activities 6630 - Fund management activities
Financial and insurance activities 663003 Managing investments Description :

Making investment decisions for non-real-estate investment funds and clients’ portfolios in circumstances involving the exercise of discretion


Hierarchy of the Economic Activity

Chapter Division Group Class
K - Financial and insurance activities 66 - Activities auxiliary to financial services and insurance activities 663 - Fund management activities 6630 - Fund management activities
Real estate activities 681010 Buying and selling land and real estate, dividing them and off-plan sales activities Description :

Buying and selling land and real estate, dividing them and off-plan sales activities


Hierarchy of the Economic Activity

Chapter Division Group Class
L - Real estate activities 68 - Real estate activities 681 - Real estate activities with own or leased property 6810 - Real estate activities with own or leased property
Real estate activities 681021 Management and leasing of owned or rented properties (residential) Description :

Management and leasing of owned or rented properties (residential)


Hierarchy of the Economic Activity

Chapter Division Group Class
L - Real estate activities 68 - Real estate activities 681 - Real estate activities with own or leased property 6810 - Real estate activities with own or leased property
Real estate activities 681022 Management and leasing of owned or leased properties (non-residential) Description :

Management and leasing of owned or leased properties (non-residential)


Hierarchy of the Economic Activity

Chapter Division Group Class
L - Real estate activities 68 - Real estate activities 681 - Real estate activities with own or leased property 6810 - Real estate activities with own or leased property
Real estate activities 681024 Management and leasing of Self storage units Description :

The Management and leasing of Self storage units in Urban Areas


Hierarchy of the Economic Activity

Chapter Division Group Class
L - Real estate activities 68 - Real estate activities 681 - Real estate activities with own or leased property 6810 - Real estate activities with own or leased property

التقييم الصفحات

CAPTCHA