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Senegal—Average Firm Age (years)

Category: Private SectorSource: World Bank World Development IndicatorsGlobal Rank: #106 of 116
Latest Value
5 years
2024
YoY Change
-81.5%
2014 → 2024
Global Rank
#106
of 116 countries
Maximum
28 years
2014
Minimum
5 years
2024
CAGR
-8.1%
3 years
Last
5 years
Previous
28 years
Highest
28 years
Lowest
5 years
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20245 years-81.5%
201428 years+30.0%
200721 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 →