Lebanon—Average Firm Age (years)
Latest Value
7 years
2019
YoY Change
-85.5%
2013 → 2019
Maximum
81 years
2009
Minimum
7 years
2019
CAGR
-21.4%
3 years
Last
7 years
Previous
50 years
Highest
81 years
Lowest
7 years
Source
World Bank World Development Indicators
Lebanon's average firm age (years) was 7 years in 2019. This represents a -85.5% change from 2013. Over the past 3 years, the highest recorded value was 81 years (2009) and the lowest was 7 years (2019). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 7 years | -85.5% |
| 2013 | 50 years | -38.2% |
| 2009 | 81 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.