Paraguay—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development IndicatorsGlobal Rank: #11 of 116
Latest Value
71 years
2023
YoY Change
+119.8%
2017 → 2023
Global Rank
#11
of 116 countries
Maximum
81 years
2010
Minimum
32 years
2017
CAGR
+3.8%
4 years
Last
71 years
Previous
32 years
Highest
81 years
Lowest
32 years
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 71 years | +119.8% |
| 2017 | 32 years | -60.2% |
| 2010 | 81 years | +115.1% |
| 2006 | 38 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 →