New businesses registered in Lithuania

Lithuania: New businesses registered was 4,011 number in 2024. ▼ Falling

Latest (2024)
4,011 number
Change on year
down 15.7%
World rank
120th
of 176 countries
All-time high
10,976 number
in 2012
All-time low
4,011 number
in 2024
Years of data
19
2006–2024

New businesses registered in Lithuania, 2006–2024

02.5k5.0k7.5k10.0k2006201520242006: 5.3k number2007: 6.6k number2008: 5.4k number2009: 5.4k number2010: 6.5k number2011: 7.8k number2012: 11.0k number2013: 8.1k number2014: 8.5k number2015: 6.2k number2016: 6.4k number2017: 6.6k number2018: 6.1k number2019: 5.9k number2020: 5.3k number2021: 5.9k number2022: 5.3k number2023: 4.8k number2024: 4.0k number

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 120th of 176 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 117 Trinidad and Tobago 4,344 number compare
  2. 118 Afghanistan 4,274 number compare
  3. 119 Albania 4,126 number compare
  4. 121 Mozambique 3,925 number compare
  5. 122 Bolivia 3,712 number compare
  6. 122 Sierra Leone 3,712 number compare

See the full ranking of 176 places →

More private sector data for Lithuania

All data for Lithuania →

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 120th out of 176 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.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
New businesses registered (number)
Unit
number
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 2,895 data points, 2006–2024
Last refreshed

New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.