Hungary—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #26 of 116Updated April 2026
Latest Value
32 years
2023
YoY Change
+148.4%
2019 → 2023
Global Rank
#26
of 116 countries
Maximum
36 years
2009
Minimum
13 years
2019
CAGR
-0.7%
4 years
Last
32 years
Previous
13 years
Highest
36 years
Lowest
13 years
Source
World Bank World Development Indicators
Hungary's average firm age (years) was 32 years in 2023, ranking #26 out of 116 countries. This represents a +148.4% change from 2019. Over the past 4 years, the highest recorded value was 36 years (2009) and the lowest was 13 years (2019). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 32 years | +148.4% |
| 2019 | 13 years | -48.6% |
| 2013 | 25 years | -28.6% |
| 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.