USING THE CLASSIFICATION FOR ECONOMIC STATISTICS
Both the Standard Australian Classification of Countries (SACC) and its precursor, the Australian Standard Classification of Countries for Social Statistics (ASCCSS), are suitable for applications in demographic and social statistics involving country information. The SACC differs from the ASCCSS in that it can be applied to a broad range of statistical applications including in economic statistics.
While the main structure of the SACC can be used for the production of some economic statistics (e.g. international merchandise trade), other economic applications require categories that incorporate broader geographic groupings and specific economic entities beyond those contained in the main structure. Therefore, broader classification categories (e.g. '0701 Africa, nec') and specific economic entities (e.g. '0718 International Capital Markets' and '0741 Reserve Bank Gold') are included as SACC supplementary categories to support applications in economic statistics. These categories are designed to reflect international statistical practice and to facilitate international comparison.
The 'Supplementary Codes for Economic and other Country Groups' and the 'Supplementary Codes for Economic and other Entities' are listed in Table 2 'Supplementary Codes' of the SACC data cube, accessible from the 'Downloads' tab.