New businesses registered (number) in Lithuania
Lithuania: New businesses registered was 4,011 number in 2024. ▼ Falling
New businesses registered in Lithuania, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Lithuania is 4,011 number, measured in 2024. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 15.7% on the previous year and down 52.7% over ten years.
Over the whole period, new businesses registered in Lithuania peaked at 10,976 number in 2012 and was at its lowest, 4,011 number, in 2024.
Lithuania ranks 121st of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
New businesses registered in Lithuania, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 5,307 number | — |
| 2007 | 6,578 number | +23.9% |
| 2008 | 5,432 number | -17.4% |
| 2009 | 5,399 number | -0.6% |
| 2010 | 6,522 number | +20.8% |
| 2011 | 7,799 number | +19.6% |
| 2012 | 10,976 number | +40.7% |
| 2013 | 8,057 number | -26.6% |
| 2014 | 8,481 number | +5.3% |
| 2015 | 6,184 number | -27.1% |
| 2016 | 6,352 number | +2.7% |
| 2017 | 6,578 number | +3.6% |
| 2018 | 6,072 number | -7.7% |
| 2019 | 5,909 number | -2.7% |
| 2020 | 5,305 number | -10.2% |
| 2021 | 5,875 number | +10.7% |
| 2022 | 5,334 number | -9.2% |
| 2023 | 4,756 number | -10.8% |
| 2024 | 4,011 number | -15.7% |
Lithuania compared with similar countries
- Lithuania's 4,011 number is below the median for high income countries, which is 19,050 number, 21% of the median. (63 countries reporting)
- Lithuania's 4,011 number is below the median for Europe & Central Asia, which is 19,136 number, 21% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,679 number | 5,307 number | 6,578 number | 4 |
| 2010s | 7,293 number | 5,909 number | 10,976 number | 10 |
| 2020s | 5,056 number | 4,011 number | 5,875 number | 5 |
Countries ranked near Lithuania
- 118 Trinidad and Tobago 4,344 number compare
- 119 Afghanistan 4,274 number compare
- 120 Albania 4,126 number compare
- 122 Mozambique 3,925 number compare
- 123 Bolivia 3,712 number compare
- 123 Sierra Leone 3,712 number 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 businesses registered in Lithuania?
- New businesses registered in Lithuania was 4,011 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Lithuania?
- The highest recorded value was 10,976 number in 2012.
- What is the lowest new businesses registered recorded in Lithuania?
- The lowest recorded value was 4,011 number in 2024.
- How does Lithuania rank for new businesses registered?
- Lithuania ranks 121st out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Lithuania?
- Over the last ten years it is down 52.7%. 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 businesses registered (number). Statizoid updates them automatically from the source API.
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About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.