Vanuatu—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development IndicatorsGlobal Rank: #67 of 116
Latest Value
16 years
2023
YoY Change
-7.5%
2009 → 2023
Global Rank
#67
of 116 countries
Maximum
18 years
2009
Minimum
16 years
2023
CAGR
-0.6%
2 years
Last
16 years
Previous
18 years
Highest
18 years
Lowest
16 years
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 16 years | -7.5% |
| 2009 | 18 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 →