Burkina Faso—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #39 of 116Updated May 2026
Latest Value
25 years
2024
YoY Change
-31.1%
2009 → 2024
Global Rank
#39
of 116 countries
Maximum
36 years
2009
Minimum
25 years
2024
CAGR
-2.5%
2 years
Last
25 years
Previous
36 years
Highest
36 years
Lowest
25 years
Source
World Bank World Development Indicators
Burkina Faso's average firm age (years) was 25 years in 2024, ranking #39 out of 116 countries. This represents a -31.1% change from 2009. Over the past 2 years, the highest recorded value was 36 years (2009) and the lowest was 25 years (2024). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 25 years | -31.1% |
| 2009 | 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.