Rental and leasing activities

NACE v2.1 Code: O77

About rental and leasing activities

NACE code 77 covers a diverse range of rental and leasing activities that play a vital role in the broader economy. This industry encompasses the provision of a wide variety of tangible goods, such as automobiles, machinery, and equipment, to customers for a specified period of time. By offering access to these assets without the need for ownership, the rental and leasing sector enables businesses and individuals to optimize their operations, reduce capital expenditures, and adapt more flexibly to changing market conditions.

Production process

The core production techniques in the rental and leasing industry involve the acquisition, maintenance, and distribution of the assets being rented or leased. Businesses in this sector often maintain extensive inventories of goods, carefully managing their procurement, storage, and logistics to ensure the availability of products when needed by customers. Additionally, they typically employ specialized staff to handle tasks such as customer service, contract management, and asset repair and refurbishment.

Production inputs

The main inputs required for the rental and leasing industry include the physical assets being offered for rent or lease, such as vehicles, machinery, and equipment. These assets may be purchased from manufacturers or obtained through other channels, depending on the specific needs and strategies of the rental and leasing businesses. Additionally, the industry relies on various support services, including transportation, maintenance, and administrative functions, to facilitate the efficient delivery and management of the rented or leased goods.

Production outputs

The primary output of the rental and leasing industry is the provision of temporary access to a wide range of tangible goods. These outputs are consumed by a diverse range of other NACE codes, including 45 Wholesale and retail trade and repair of motor vehicles and motorcycles, 46 Wholesale trade, except of motor vehicles and motorcycles, 47 Retail trade, except of motor vehicles and motorcycles, 41 Construction of buildings, and 42 Civil engineering, among others. By offering flexible and cost-effective access to essential assets, the rental and leasing industry supports the operations and growth of various sectors within the broader economy.

Revisions to 77

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 77. The most recent 3 versions of this code (77) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 77.

Family tree for rental and leasing activities

    graph LR
    A["<a href='/classifications/nace/v2-1/O'>O: ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2-1/O/77'>77: Rental and leasing activities</a>"]

    A --> C["<a href='/classifications/nace/v2-1/O/78'>78: Employment activities</a>"]
A --> D["<a href='/classifications/nace/v2-1/O/79'>79: Travel agency, tour operator and other reservation service and related activities</a>"]
A --> E["<a href='/classifications/nace/v2-1/O/80'>80: Investigation and security activities</a>"]
A --> F["<a href='/classifications/nace/v2-1/O/81'>81: Services to buildings and landscape activities</a>"]
A --> G["<a href='/classifications/nace/v2-1/O/82'>82: Office administrative, office support and other business support activities</a>"]

    B --> H["<a href='/classifications/nace/v2-1/O/77/1'>77.1: Rental and leasing of motor vehicles</a>"]
B --> I["<a href='/classifications/nace/v2-1/O/77/2'>77.2: Rental and leasing of personal and household goods</a>"]
B --> J["<a href='/classifications/nace/v2-1/O/77/3'>77.3: Rental and leasing of other machinery, equipment and tangible goods</a>"]
B --> K["<a href='/classifications/nace/v2-1/O/77/4'>77.4: Leasing of intellectual property and similar products, except copyrighted works</a>"]
B --> L["<a href='/classifications/nace/v2-1/O/77/5'>77.5: Intermediation service activities for rental and leasing of tangible goods and non-financial intangible assets</a>"]


    %% Color coordination by level

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    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level1
class B level2
class C level2
class D level2
class E level2
class F level2
class G level2
class H level3
class I level3
class J level3
class K level3
class L level3

  class B highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class B highlight