Level density [Formula: see text] is derived for a nuclear system with a given energy [Formula: see text], neutron [Formula: see text], and proton [Formula: see text] particle numbers, within the semiclassical extended Thomas–Fermi and periodic-orbit theory beyond the Fermi-gas saddle-point method. We obtain [Formula: see text], where [Formula: see text] is the modified Bessel function of the entropy [Formula: see text], and [Formula: see text] is related to the number of integrals of motion, except for the energy [Formula: see text]. For small shell structure contribution one obtains within the micro–macroscopic approximation (MMA) the value of [Formula: see text] for [Formula: see text]. In the opposite case of much larger shell structure contributions one finds a larger value of [Formula: see text]. The MMA level density [Formula: see text] reaches the well-known Fermi gas asymptote for large excitation energies, and the finite micro-canonical limit for low excitation energies. Fitting the MMA [Formula: see text] to experimental data on a long isotope chain for low excitation energies, due mainly to the shell effects, one obtains results for the inverse level density parameter [Formula: see text], which differs significantly from that of neutron resonances.