Albania—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #138 of 140Updated June 2026
Latest Value
11 years
2019
YoY Change
-11.0%
2013 → 2019
Global Rank
#138
of 140 countries
Maximum
21 years
2007
Minimum
11 years
2019
CAGR
-5.4%
3 years
Last
11 years
Previous
12 years
Highest
21 years
Lowest
11 years
Source
World Bank World Development Indicators
Albania's average firm age (years) was 11 years in 2019, ranking #138 out of 140 countries. This represents a -11.0% change from 2013. Over the past 3 years, the highest recorded value was 21 years (2007) and the lowest was 11 years (2019). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 11 years | -11.0% |
| 2013 | 12 years | -42.3% |
| 2007 | 21 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.