Ukraine—Average Firm Age (years)
Latest Value
21 years
2019
YoY Change
+16.0%
2013 → 2019
Maximum
31 years
2008
Minimum
19 years
2013
CAGR
-3.3%
3 years
Last
21 years
Previous
19 years
Highest
31 years
Lowest
19 years
Source
World Bank World Development Indicators
Ukraine's average firm age (years) was 21 years in 2019. This represents a +16.0% change from 2013. Over the past 3 years, the highest recorded value was 31 years (2008) and the lowest was 19 years (2013). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 21 years | +16.0% |
| 2013 | 19 years | -40.3% |
| 2008 | 31 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.