Are historical and forecast revenue adjusted for inflation? Are the figures real or nominal?

All historical and forecast dollar figures in the Performance and Key Statistics chapters of Industry Reports are real values adjusted for inflation using the current year (i.e., year published) as the base year. Adjusting values for inflation removes the impact of changes in the purchasing power of the dollar, leaving only the "real" growth or decline in industry metrics.

Proft is calculated as Earnings Before Interest and Taxes (EBIT) for the current year.

Profit margin is calculated as Profit/Revenue x 100.

We source key statistics and industry revenue data from each country’s national statistics agency:

We calculate current year revenue for the entire year using a combination of forecasts and current year ratios. Our current year data reflects the local market’s financial year.

Dollar figures in Canada Industry Reports are in Canadian Dollars (CAD). In some cases, we need to convert US Dollars (USD) to CAD—we use the most current exchange rate at the time of update.

Sectors and industries are defined based on each countries standard industry classification systems such as the North American Industry Classification System (NAICS) or the International Standard Industrial Classification (ISIC). Sectors represent broad groupings of related economic activities, while industries represent specific subsets within sectors based on similarities in products and services.

Here is a list of all costs associated to “Other costs”:

We primarily source “Other Costs” for US Industry Reports from the IRS.

For any additional questions regarding sourcing and methodology, 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.