Togo—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #94 of 116Updated May 2026
Latest Value
8 years
2023
YoY Change
-89.2%
2016 → 2023
Global Rank
#94
of 116 countries
Maximum
78 years
2016
Minimum
8 years
2023
CAGR
-12.6%
3 years
Last
8 years
Previous
78 years
Highest
78 years
Lowest
8 years
Source
World Bank World Development Indicators
Togo's average firm age (years) was 8 years in 2023, ranking #94 out of 116 countries. This represents a -89.2% change from 2016. Over the past 3 years, the highest recorded value was 78 years (2016) and the lowest was 8 years (2023). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 8 years | -89.2% |
| 2016 | 78 years | +39.1% |
| 2009 | 56 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.