Malawi—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #68 of 116Updated May 2026
Latest Value
16 years
2025
YoY Change
-15.3%
2014 → 2025
Global Rank
#68
of 116 countries
Maximum
19 years
2014
Minimum
15 years
2009
CAGR
+0.4%
3 years
Last
16 years
Previous
19 years
Highest
19 years
Lowest
15 years
Source
World Bank World Development Indicators
Malawi's average firm age (years) was 16 years in 2025, ranking #68 out of 116 countries. This represents a -15.3% change from 2014. Over the past 3 years, the highest recorded value was 19 years (2014) and the lowest was 15 years (2009). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2025 | 16 years | -15.3% |
| 2014 | 19 years | +26.4% |
| 2009 | 15 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.