Home/Countries/Guatemala/Average Firm Age (years)

GuatemalaAverage Firm Age (years)

Category: Private SectorSource: World Bank World Development Indicators
Latest Value
38 years
2017
YoY Change
-8.7%
20102017
Maximum
75 years
2006
Minimum
38 years
2017
CAGR
-6.1%
3 years
Last
38 years
Previous
41 years
Highest
75 years
Lowest
38 years
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
201738 years-8.7%
201041 years-45.5%
200675 years

Top Countries — Average Firm Age (years)

#CountryValueYear
1Korea, Rep.193 years2024
2Uruguay167 years2024
3Belgium146 years2024
4Germany122 years2021
5Peru118 years2023
6Tunisia111 years2024
7France110 years2021
8Austria96 years2021
9Benin78 years2024
10Czechia74 years2024
View all 116 countries →

About This Indicator

Definition

The average wait, in days, to obtain an operating license, from the day of the application to the day it was granted.

Methodology

Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.

Source: World Bank - World Development IndicatorsView original source →