Starting a business: Time - Men (days) in Lithuania
Lithuania: Starting a business: Time - Men was 5.5 days in 2019. ◆ Volatile
Starting a business: Time - Men in Lithuania, 2003–2019
Source: World Bank. Measured in days.
Analysis
Lithuania recorded 5.5 days for starting a business: time - men in 2019. That is the lowest value across all 17 years on record.
That represents a change of down 78.8% over ten years.
Over the whole period, starting a business: time - men in Lithuania peaked at 26 days in 2003 and was at its lowest, 5.5 days, in 2014.
That places Lithuania 157th out of 191 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Starting a business: Time - Men in Lithuania, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 26 days | — |
| 2004 | 26 days | +0.0% |
| 2005 | 26 days | +0.0% |
| 2006 | 26 days | +0.0% |
| 2007 | 26 days | +0.0% |
| 2008 | 26 days | +0.0% |
| 2009 | 26 days | +0.0% |
| 2010 | 22 days | -15.4% |
| 2011 | 22 days | +0.0% |
| 2012 | 19.5 days | -11.4% |
| 2013 | 8.5 days | -56.4% |
| 2014 | 5.5 days | -35.3% |
| 2015 | 5.5 days | +0.0% |
| 2016 | 5.5 days | +0.0% |
| 2017 | 5.5 days | +0.0% |
| 2018 | 5.5 days | +0.0% |
| 2019 | 5.5 days | +0.0% |
Lithuania compared with similar countries
- Lithuania's 5.5 days is below the median for high income countries, which is 8.25 days, 67% of the median. (62 countries reporting)
- Lithuania's 5.5 days is below the median for Europe & Central Asia, which is 7 days, 79% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26 days | 26 days | 26 days | 7 |
| 2010s | 10.5 days | 5.5 days | 22 days | 10 |
Countries ranked near Lithuania
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 starting a business: time - men in Lithuania?
- Starting a business: time - men in Lithuania was 5.5 days in 2019, according to the World Bank.
- What is the highest starting a business: time - men recorded in Lithuania?
- The highest recorded value was 26 days in 2003.
- What is the lowest starting a business: time - men recorded in Lithuania?
- The lowest recorded value was 5.5 days in 2014.
- How does Lithuania rank for starting a business: time - men?
- Lithuania ranks 157th out of 191 countries with data for 2019.
- Is starting a business: time - men rising or falling in Lithuania?
- Over the last ten years it is down 78.8%. The long-run trend across the full record is volatile.
- Where does this Lithuania data come from?
- The figures come from the World Bank, published as part of Starting a business: Time - Men (days). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The time for men captures the median duration that business incorporation experts indicate is necessary for five male married entrepreneurs to complete all procedures required to start and operate a business with minimum follow-up and no extra payments. It is calulared in calendar days. The time estimates of all procedures are added to calculate the total time required to start and operate a business, taking into account simultaneity of processes. It is assumed that the minimum time required for each procedure is one day, except for procedures that can be fully completed online, for which the time required is recorded as half a day.