New business density in Lithuania
Lithuania: New business density was 2.13 new registrations per 1,000 people ages 15-64 in 2024. ▼ Falling
New business density in Lithuania, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
The most recent figure for new business density in Lithuania is 2.13 new registrations per 1,000 people ages 15-64, measured in 2024. That is the lowest value across all 19 years on record.
That represents a change of down 16.0% on the previous year and down 50.7% over ten years.
Over the whole period, new business density in Lithuania peaked at 5.47 new registrations per 1,000 people ages 15-64 in 2012 and was at its lowest, 2.13 new registrations per 1,000 people ages 15-64, in 2024.
That places Lithuania 93rd out of 176 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
New business density in Lithuania, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 2.41 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 3.02 new registrations per 1,000 people ages 15-64 | +25.1% |
| 2008 | 2.51 new registrations per 1,000 people ages 15-64 | -16.8% |
| 2009 | 2.52 new registrations per 1,000 people ages 15-64 | +0.4% |
| 2010 | 3.12 new registrations per 1,000 people ages 15-64 | +23.7% |
| 2011 | 3.83 new registrations per 1,000 people ages 15-64 | +22.8% |
| 2012 | 5.47 new registrations per 1,000 people ages 15-64 | +42.8% |
| 2013 | 4.06 new registrations per 1,000 people ages 15-64 | -25.8% |
| 2014 | 4.32 new registrations per 1,000 people ages 15-64 | +6.4% |
| 2015 | 3.19 new registrations per 1,000 people ages 15-64 | -26.1% |
| 2016 | 3.34 new registrations per 1,000 people ages 15-64 | +4.6% |
| 2017 | 3.53 new registrations per 1,000 people ages 15-64 | +5.6% |
| 2018 | 3.3 new registrations per 1,000 people ages 15-64 | -6.4% |
| 2019 | 3.23 new registrations per 1,000 people ages 15-64 | -2.1% |
| 2020 | 2.91 new registrations per 1,000 people ages 15-64 | -10.1% |
| 2021 | 3.22 new registrations per 1,000 people ages 15-64 | +10.8% |
| 2022 | 2.89 new registrations per 1,000 people ages 15-64 | -10.2% |
| 2023 | 2.54 new registrations per 1,000 people ages 15-64 | -12.3% |
| 2024 | 2.13 new registrations per 1,000 people ages 15-64 | -16.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.62 new registrations per 1,000 people ages 15-64 | 2.41 new registrations per 1,000 people ages 15-64 | 3.02 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 3.74 new registrations per 1,000 people ages 15-64 | 3.12 new registrations per 1,000 people ages 15-64 | 5.47 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 2.74 new registrations per 1,000 people ages 15-64 | 2.13 new registrations per 1,000 people ages 15-64 | 3.22 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Lithuania
- 90 Sao Tome and Principe 2.19 new registrations per 1,000 people ages 15-64 compare
- 91 Kyrgyzstan 2.15 new registrations per 1,000 people ages 15-64 compare
- 92 Kuwait 2.14 new registrations per 1,000 people ages 15-64 compare
- 94 Serbia 2.12 new registrations per 1,000 people ages 15-64 compare
- 95 Cyprus 2.08 new registrations per 1,000 people ages 15-64 compare
- 96 Azerbaijan 2 new registrations per 1,000 people ages 15-64 compare
More private sector data for Lithuania
- Merchandise trade 95.2% (2025)
- Food imports 13.1% (2025)
- Manufactures imports 63.0% (2025)
- Merchandise imports 49.01 billion current US$ (2025)
- Food exports 19.7% (2025)
- Manufactures exports 60.0% (2025)
- Merchandise exports 41.63 billion current US$ (2025)
- Merchandise exports (current US$), per capita 14,410 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4372 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 4.55 % change on previous year (2025)
Frequently asked questions
- What is new business density in Lithuania?
- New business density in Lithuania was 2.13 new registrations per 1,000 people ages 15-64 in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Lithuania?
- The highest recorded value was 5.47 new registrations per 1,000 people ages 15-64 in 2012.
- What is the lowest new business density recorded in Lithuania?
- The lowest recorded value was 2.13 new registrations per 1,000 people ages 15-64 in 2024.
- How does Lithuania rank for new business density?
- Lithuania ranks 93rd out of 176 countries with data for 2024.
- Is new business density rising or falling in Lithuania?
- Over the last ten years it is down 50.7%. The long-run trend across the full record is falling.
- Where does this Lithuania data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New business density (new registrations per 1,000 people ages 15-64). Statizoid updates them automatically from the source API.
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About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.