GUS classification refers to a system of categorizing economic activities or industries that was developed by the United Nations Statistics Division. The acronym GUS stands for the General Unifying System of Classification.
GUS classification is designed to provide a standardized framework for organizing and comparing economic data across different countries and regions. It aims to ensure consistency and comparability in statistical reporting of economic activities at various levels, such as national, regional, and international.
The classification system is based on a hierarchical structure, with different levels of classification codes and categories. At the highest level, GUS classification divides economic activities into sectors, such as agriculture, manufacturing, construction, and services. Each sector is then further divided into subsectors, such as crop and animal production, food and beverage manufacturing, and residential construction.
Under each subsector, there are additional levels of classification, known as divisions, groups, and classes, which provide more specific details about the economic activities being categorized.
GUS classification is widely used by statistical agencies, international organizations, and researchers for economic analysis and reporting. It enables the comparison of economic data between different countries, the identification of trends and patterns within specific industries, and the monitoring of changes in economic structures over time.
Overall, GUS classification serves as an essential tool for understanding and analyzing economic activities, facilitating data comparison and interpretation, and supporting evidence-based policy making and decision making.
