Starting a business: Time - Women in Lithuania

Lithuania: Starting a business: Time - Women was 5.5 days in 2019. ◆ Volatile

Latest (2019)
5.5 days
Change on year
unchanged
World rank
157th
of 188 countries
All-time high
26 days
in 2003
All-time low
5.5 days
in 2014
Years of data
17
2003–2019

Starting a business: Time - Women in Lithuania, 2003–2019

5101520252003201120192003: 26 days2004: 26 days2005: 26 days2006: 26 days2007: 26 days2008: 26 days2009: 26 days2010: 22 days2011: 22 days2012: 19.5 days2013: 8.5 days2014: 5.5 days2015: 5.5 days2016: 5.5 days2017: 5.5 days2018: 5.5 days2019: 5.5 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for starting a business: time - women in Lithuania is 5.5 days, measured in 2019. That is the lowest value across all 17 years on record.

The figure is down 78.8% over ten years.

Over the whole period, starting a business: time - women in Lithuania peaked at 26 days in 2003 and was at its lowest, 5.5 days, in 2014.

Lithuania ranks 157th of 188 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 26 days 26 days 26 days 7
2010s 10.5 days 5.5 days 22 days 10

Countries ranked near Lithuania

  1. 157 Latvia 5.5 days compare
  2. 157 Puerto Rico 5.5 days compare
  3. 160 Belgium 5 days compare
  4. 160 Burundi 5 days compare
  5. 160 Kazakhstan 5 days compare
  6. 160 Oman 5 days compare

See the full ranking of 190 places →

More private sector data for Lithuania

All data for Lithuania →

Frequently asked questions

What is starting a business: time - women in Lithuania?
Starting a business: time - women in Lithuania was 5.5 days in 2019, according to the World Bank.
What is the highest starting a business: time - women recorded in Lithuania?
The highest recorded value was 26 days in 2003.
What is the lowest starting a business: time - women recorded in Lithuania?
The lowest recorded value was 5.5 days in 2014.
How does Lithuania rank for starting a business: time - women?
Lithuania ranks 157th out of 188 countries with data for 2019.
Is starting a business: time - women 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 - Women (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

Indicator
Starting a business: Time - Women (days)
Unit
days
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The time for women captures the median duration that business incorporation experts indicate is necessary for five female 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.