Statizoid

Latvia vs Lithuania: Time required to start a business

Latvia
5.5 days
in 2019
Lithuania
5.5 days
in 2019
Latvia rank
156th
Lithuania rank
156th

Time required to start a business over time

  • Latvia
  • Lithuania
510152025200320112019

How they compare

Latvia currently reports 5.5 days against 5.5 days in Lithuania, a difference of 0 days.

The two have swapped places 2 times across 17 shared years of data; in 2003 it was Lithuania ahead.

Latvia ranks 156th and Lithuania ranks 156th of 188 countries.

Individual pages

About this data

Indicator
Time required to start a business
Unit
days
Source
Doing Business project, World Bank (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed

Number of calendar days needed to complete the procedures to legally operate a business.