Bolivia—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #87 of 140Updated June 2026
Latest Value
27 years
2017
YoY Change
-28.7%
2010 → 2017
Global Rank
#87
of 140 countries
Maximum
37 years
2010
Minimum
26 years
2006
CAGR
+0.2%
3 years
Last
27 years
Previous
37 years
Highest
37 years
Lowest
26 years
Source
World Bank World Development Indicators
Bolivia's average firm age (years) was 27 years in 2017, ranking #87 out of 140 countries. This represents a -28.7% change from 2010. Over the past 3 years, the highest recorded value was 37 years (2010) and the lowest was 26 years (2006). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2017 | 27 years | -28.7% |
| 2010 | 37 years | +43.0% |
| 2006 | 26 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.