Sweden—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #16 of 116Updated April 2026
Latest Value
46 years
2024
YoY Change
+33.1%
2020 → 2024
Global Rank
#16
of 116 countries
Maximum
46 years
2024
Minimum
26 years
2014
CAGR
+5.7%
3 years
Last
46 years
Previous
34 years
Highest
46 years
Lowest
26 years
Source
World Bank World Development Indicators
Sweden's average firm age (years) was 46 years in 2024, ranking #16 out of 116 countries. This represents a +33.1% change from 2020. Over the past 3 years, the highest recorded value was 46 years (2024) and the lowest was 26 years (2014). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 46 years | +33.1% |
| 2020 | 34 years | +31.1% |
| 2014 | 26 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.