How is the IEC funded

The IEC is a not-for-profit, quasi-governmental organization, founded in 1906. We develop IEC International Standards and operate four IEC Conformity Assessment Systems for all electrical and electronic devices and systems.

Membership fees

IEC Members – one per country – each pay a membership fee which is calculated based on economic capacity and electricity consumption. Affiliate countries participate without the financial burden of membership via the IEC Affiliate Country Programme.

Sales of publications

Sales of IEC publications are another important component of IEC funding and account for nearly half of IEC income. IEC publications are sold via the IEC webstore; directly via IEC Members, or via appointed sales outlets.

Income from certification activities

The four IEC Conformity Assessment Systems directly contribute to IEC administrative costs.

Standards development is expensive

Stakeholders who participate via the IEC National Committees (IEC Members) invest an estimated USD 2 billion each year towards expert participation in IEC work. This comes on top of the costs for editing, publishing and disseminating the standards.  

Vision & mission

How is the IEC organized