Benin—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #9 of 116Updated May 2026
Latest Value
78 years
2024
YoY Change
+234.9%
2016 → 2024
Global Rank
#9
of 116 countries
Maximum
78 years
2024
Minimum
23 years
2016
CAGR
+6.4%
3 years
Last
78 years
Previous
23 years
Highest
78 years
Lowest
23 years
Source
World Bank World Development Indicators
Benin's average firm age (years) was 78 years in 2024, ranking #9 out of 116 countries. This represents a +234.9% change from 2016. Over the past 3 years, the highest recorded value was 78 years (2024) and the lowest was 23 years (2016). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 78 years | +234.9% |
| 2016 | 23 years | -24.4% |
| 2009 | 31 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.