More extensive and precise results are reported on the parameters of Z decay. On the basis of 20 000 Z decays collected with the ALEPH detector at LEP we find Mz=91.182±0.026 (exp.) ±0.030 (beam) GeV, Γz=2.541±0.056 GeV and σhad0=41.4±0.8 nb. The partial widths for the hadronic and leptonic channels are Γhad=1804±44 MeV, Γe+e−=82.1±3.4 MeV, Γμ+μ−=87.9±6.0 MeV and Γτ+τ−=86.1±5.6 MeV, in good agreement with the standard model. On the basis of the average leptonic width Γℓ+ℓ−=83.9±2.2 MeV, the effective weak mixing angle is found to be sin2θw(Mz)=0.231±0.008. Usin g the partial widths calculated in the standard model, the number of light neutrino families is Nν=3.01±0.15 (exp.)±0.05 (theor.).