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Hong Kong SAR, China—Average Firm Age (years)

Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #111 of 116Updated April 2026
Latest Value
3 years
2023
Global Rank
#111
of 116 countries

Hong Kong SAR, China's average firm age (years) was 3 years in 2023, ranking #111 out of 116 countries. Data sourced from the World Bank World Development Indicators.

Historical Data

YearValueChange
20233 years

Top Countries — Average Firm Age (years)

#CountryValueYear
1Korea, Rep.193 years2024
2Uruguay167 years2024
3Belgium146 years2024
4Germany122 years2021
5Peru118 years2023
6Tunisia111 years2024
7France110 years2021
8Austria96 years2021
9Benin78 years2024
10Czechia74 years2024
View all 116 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: 2003–2025View original source →

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Hong Kong SAR, China Data

Hong Kong SAR, China — All Indicators →Hong Kong SAR, China GDP →Hong Kong SAR, China Population →