Nepal—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #114 of 116Updated April 2026
Latest Value
3 years
2023
YoY Change
-71.4%
2013 → 2023
Global Rank
#114
of 116 countries
Maximum
15 years
2009
Minimum
3 years
2023
CAGR
-11.1%
3 years
Last
3 years
Previous
10 years
Highest
15 years
Lowest
3 years
Source
World Bank World Development Indicators
Nepal's average firm age (years) was 3 years in 2023, ranking #114 out of 116 countries. This represents a -71.4% change from 2013. Over the past 3 years, the highest recorded value was 15 years (2009) and the lowest was 3 years (2023). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 3 years | -71.4% |
| 2013 | 10 years | -32.7% |
| 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.