Liberia—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #46 of 116Updated May 2026
Latest Value
22 years
2025
YoY Change
+112.0%
2017 → 2025
Global Rank
#46
of 116 countries
Maximum
22 years
2025
Minimum
10 years
2017
CAGR
+2.0%
3 years
Last
22 years
Previous
10 years
Highest
22 years
Lowest
10 years
Source
World Bank World Development Indicators
Liberia's average firm age (years) was 22 years in 2025, ranking #46 out of 116 countries. This represents a +112.0% change from 2017. Over the past 3 years, the highest recorded value was 22 years (2025) and the lowest was 10 years (2017). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2025 | 22 years | +112.0% |
| 2017 | 10 years | -34.7% |
| 2009 | 16 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.