Uruguay—Average Firm Age (years)
Category: Private SectorSource: World Bank World Development Indicators ↗Global Rank: #2 of 116Updated April 2026
Latest Value
167 years
2024
YoY Change
-5.1%
2017 → 2024
Global Rank
#2
of 116 countries
Maximum
176 years
2017
Minimum
108 years
2010
CAGR
+1.2%
4 years
Last
167 years
Previous
176 years
Highest
176 years
Lowest
108 years
Source
World Bank World Development Indicators
Uruguay's average firm age (years) was 167 years in 2024, ranking #2 out of 116 countries. This represents a -5.1% change from 2017. Over the past 4 years, the highest recorded value was 176 years (2017) and the lowest was 108 years (2010). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 167 years | -5.1% |
| 2017 | 176 years | +63.0% |
| 2010 | 108 years | -19.3% |
| 2006 | 134 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.