Saudi Arabia—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #100 of 116Updated April 2026
Latest Value
7 years
2022
Global Rank
#100
of 116 countries
Saudi Arabia's average firm age (years) was 7 years in 2022, ranking #100 out of 116 countries. Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2022 | 7 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.