Central banking

NACE v2.0 Code: K64.11

About central banking

NACE code 64.11 covers the activities of central banks. Central banks play a crucial role in the broader economy, responsible for implementing monetary policy, managing the national currency, and overseeing the financial system. As the monetary authority, central banks work to maintain price stability, promote economic growth, and ensure the smooth functioning of the banking sector and financial markets.

Production process

The primary activities of central banks include setting interest rates, managing the money supply, and regulating the banking system. Central banks use various monetary policy tools, such as open market operations, reserve requirements, and lending facilities, to influence economic conditions and achieve their policy objectives.

Production inputs

Central banks require a range of inputs to carry out their functions, including skilled personnel with expertise in economics, finance, and banking; advanced data analysis and information technology systems; and access to financial markets and economic data.

Production outputs

The main outputs of central banking activities are the policies, regulations, and interventions that shape the broader economy. Central bank actions can have significant impacts on 64.19 Other monetary intermediation, 66.11 Administration of financial markets, and 66.12 Security and commodity contracts brokerage.

Revisions to 64.11

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 64.11. The most recent 1 version of this code (64.11) is in the NACE v2.1 system:

This page shows a legacy version of code 64.11 ( NACE v2.0).

Newer versions

Related Tariff Codes (HS / Harmonized System)

These HS codes are related to this econ code: (64.11).

HS code HS year HS title
490700HS v2017Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and the like of similar title

Related ISIC Codes

These isic codes are related to this econ code: (64.11).

ISIC code ISIC Version ISIC title
6411ISIC v4.0Central banking

Related CPC Codes

These CPC codes are related to this econ code: (64.11).

CPC code CPC Version CPC title
32610CPC v2.1Unused postage, revenue or similar stamps; stamp-impressed paper; cheque forms; banknotes, stock, share or bond certificates and similar documents of title
71110CPC v2.1Central banking services

Family tree for central banking

    graph LR
    A["<a href='/classifications/nace/v2/K'>K: FINANCIAL AND INSURANCE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2/K/64'>64: Financial service activities, except insurance and pension funding</a>"]
B --> C["<a href='/classifications/nace/v2/K/64/1'>64.1: Monetary intermediation</a>"]
C --> D["<a href='/classifications/nace/v2/K/64/11'>64.11: Central banking</a>"]

    C --> E["<a href='/classifications/nace/v2/K/64/19'>64.19: Other monetary intermediation</a>"]

    

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    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



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class C level3
class D level4
class E level4

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