Egypt, Arab Rep.—Average Firm Age (years)
Latest Value
14 years
2020
YoY Change
-55.3%
2016 → 2020
Maximum
139 years
2013
Minimum
14 years
2020
CAGR
-12.4%
5 years
Last
14 years
Previous
32 years
Highest
139 years
Lowest
14 years
Source
World Bank World Development Indicators
Egypt, Arab Rep.'s average firm age (years) was 14 years in 2020. This represents a -55.3% change from 2016. Over the past 5 years, the highest recorded value was 139 years (2013) and the lowest was 14 years (2020). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 14 years | -55.3% |
| 2016 | 32 years | -77.0% |
| 2013 | 139 years | +225.2% |
| 2008 | 43 years | -46.7% |
| 2007 | 80 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.