Peru—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development IndicatorsGlobal Rank: #5 of 116
Latest Value
118 years
2023
YoY Change
+28.7%
2017 → 2023
Global Rank
#5
of 116 countries
Maximum
118 years
2023
Minimum
46 years
2010
CAGR
+2.2%
4 years
Last
118 years
Previous
92 years
Highest
118 years
Lowest
46 years
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 118 years | +28.7% |
| 2017 | 92 years | +97.9% |
| 2010 | 46 years | -42.7% |
| 2006 | 81 years |
Top Countries — Average Firm Age (years)
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 →