Home/Countries/Ethiopia/Average Firm Age (years)

EthiopiaAverage Firm Age (years)

Category: Private SectorSource: World Bank World Development IndicatorsGlobal Rank: #118 of 140Updated June 2026
Latest Value
5 years
2015
YoY Change
-59.8%
20112015
Global Rank
#118
of 140 countries
Maximum
14 years
2011
Minimum
5 years
2015
CAGR
-7.8%
3 years
Last
5 years
Previous
14 years
Highest
14 years
Lowest
5 years
Source
World Bank World Development Indicators

Ethiopia's average firm age (years) was 5 years in 2015, ranking #118 out of 140 countries. This represents a -59.8% change from 2011. Over the past 3 years, the highest recorded value was 14 years (2011) and the lowest was 5 years (2015). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
20155 years-59.8%
201114 years+19.8%
200611 years

Top Countries — Average Firm Age (years)

#CountryValueYear
1Korea, Rep.193 years2024
2Uruguay167 years2024
3Belgium146 years2024
4Peru118 years2023
5Tunisia111 years2024
6France110 years2021
7Suriname99 years2025
8Benin78 years2024
9Czechia74 years2024
10Paraguay71 years2023
View all 140 countries →

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.

Source: World Bank - World Development IndicatorsCoverage: 20032025View original source →