South Africa—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators
Latest Value
15 years
2020
YoY Change
-59.9%
2007 → 2020
Maximum
36 years
2007
Minimum
15 years
2020
CAGR
-6.8%
2 years
Last
15 years
Previous
36 years
Highest
36 years
Lowest
15 years
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 15 years | -59.9% |
| 2007 | 36 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 →