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Germany Data Sourcing

Understand where IBISWorld sources data and how it estimates unreported data for Germany Industry Reports.

Updated over 2 months ago

Download this spreadsheet for a full list of sources used for all Germany Industry Reports.

Where does IBISWorld source its data?

We source Germany industry data from the Federal Statistical Office (Destatis), Bundesanzeiger, Eurostat and the German Federal Bank (Deutsche Bundesbank). We source the latest available data from each source when our team of analysts update a report.

Federal Statistical Office (Destatis)

The Federal Statistical Office (Destatis) provides official data on a wide range of topics, including the economy, society, the environment and government.

We source data from Destatis for various industries as well as macroeconomic indicators for both the private and public sectors. Destatis lets you customize data aggregation with WZ industry codes using the Genesis data portal. For instance, Destatis provides statistics for the manufacture of motor vehicles, as well as individual upstream industries such as the manufacture of pumps and compressors or downstream industries such as retail of motor vehicles.

Data sourced from Destatis includes:

  • Number of enterprises and establishments

  • Revenue and gross value added

  • Number of employees and aggregated wages

  • Cost structure items, such as purchases and taxes

With Destatis data, we calculate key indicators that provide deeper insights into an industry. For example, we can calculate the share of wages in revenue and the average revenue of an industry operator.

We use the following Destatis surveys for our reports:

  • Kostenstrukturerhebung im Verarbeitenden Gewerbe und Bergbau: EVAS-Code: 42251

  • Jahresbericht für Betriebe im Verarbeitenden Gewerbe: EVAS-Code: 42271

  • Außenhandel: EVAS-Code: 51000

  • Handwerkszählung: EVAS-Code: 531113

  • Jahresstatistik im Handel: EVAS-Code: 45341

  • Strukturerhebung im Dienstleistungsbereich: EVAS-Code: 47415

  • Statistik der Versicherungen, Pensionskassen und -fonds: EVAS -Code: 47311

  • Umsatzsteuerstatistik (Voranmeldungen): EVAS-Code: 73311

  • Bereichsübergreifende Unternehmensstatistik: EVAS-Code: 48112

  • Statistik des Hochschulpersonals: EVAS-Code: 21341

Bundesanzeiger

Key economic figures are often sourced from annual and consolidated financial statements published in the Bundesanzeiger. The Bundesanzeiger is an official announcement publication of the Federal Republic of Germany, published by the Federal Ministry of Justice. The Bundesanzeiger publishes annual reports, announcements by courts and authorities and announcements in the commercial register.

Revenue, employment and earnings data are sourced from the published annual financial statements.

European Statistical Office

The European Statistical Office (Eurostat) collects, processes and publishes statistical information at the European level. Eurostat’s statistics cover various economic, social and environmental areas.

We use Eurostat’s foreign trade statistics to trace trade flows in a specific industry, calculate import and export values and draw economic insights.

German Federal Bank (Deutsche Bundesbank)

The German Federal Bank's banking statistics provide comprehensive data on the German banking industry. These statistics are valuable for deriving macroeconomic data such as the number of credit institutions, turnover trends, employment figures, gross value added and depreciation in the banking industry. The German Federal Bank offers a range of tables and reports for different financial sectors, which we use for detailed analyses of the banking industry.

How does IBISWorld estimate unreported data for Germany Industry Reports?

The Federal Statistical Office (Destatis) data annually. To estimate the data in the years not covered, we employ a variety of methods depending on the industry, type of data and availability of data.

Some methods used by our analysts rely on Business Environment Driver (BED) growth rates, growth rates of major companies and industry ratios.

Business Environment Driver (BED) growth rates

Our analysts apply BED growth rates to the latest reported data to estimate recent unreported figures. Business Environment Drivers are external factors that influence the performance, growth and profitability of industries. These drivers can include economic indicators, demographic trends and market-specific variables that provide valuable insights for forecasting industry trends.

This meticulous approach ensures that each sub-market within the construction industry is analyzed using the most relevant economic indicators, providing more accurate and granular forecasts. By leveraging these targeted BED growth rates, analysts can generate robust and well-founded estimates, even in the absence of more recent Census data.

Growth rates of major companies

Analysts sometimes use the revenue growth rates of major companies to estimate unreported data, particularly in industries where a few companies dominate the market. By examining the performance of these key players, analysts can make educated assumptions about the industry's overall growth. This method can be especially useful when up-to-date or detailed data for the entire industry is not available.

For instance, if these top companies reported an average revenue growth of 5% over the past year, analysts might extrapolate this growth rate to estimate the industry's performance. This approach allows analysts to produce more accurate and timely estimates, even when comprehensive industry-wide data is not readily available.

Such an estimation method provides a pragmatic way to understand market trends, making it a valuable tool in the absence of complete data sets. However, analysts must consider any significant anomalies or external factors affecting the major companies to ensure their estimates remain as accurate as possible.

Industry ratios

Analysts apply industry ratios of parent industries to estimate specific Key Statistics figures.

Examples

  • Enterprises: If we have the number of establishments but not enterprises for an industry, we can use the ratio of enterprises to establishments from the parent industry and apply this ratio to the number of establishments in the industry we are analyzing to estimate the number of enterprises.

  • Employment: If we have industry revenue but lack employment data, we can estimate the number of employees using the parent industry's revenue per-employee ratio. For example, suppose a specialized industry generates $100 million in revenue, and the parent industry earns $1 million in revenue per employee. In that case, we can estimate that there are 100 employees in the specialized industry ($100M / $1M = 100 employees).

  • Wages: If we have the number of employees but not wage data, we can estimate industry wages using the average wage from the parent industry. For instance, if an industry employs 100 workers, and the parent industry has an average wage of $50,000 per employee, we can estimate the wage expenses at $5,000,000 (100 employees * $50,000 per employee).

For any additional questions regarding IBISWorld’s Germany data sources, please reach out to your Client Relationship Manager. If you’re not an IBISWorld member, please contact us to learn more about our membership options.

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