Time required to start business in Lithuania
Lithuania: Time required to start business was 5.5 in 2019. ◆ Volatile
Latest (2019)
5.5
Change on year
unchanged
World rank
156th
of 188 countries
All-time high
26
in 2003
All-time low
5.5
in 2014
Years of data
17
2003–2019
Time required to start business in Lithuania, 2003–2019
Source: Our World in Data.
Analysis
In 2019, time required to start business in Lithuania stood at 5.5. 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, time required to start business in Lithuania peaked at 26 in 2003 and was at its lowest, 5.5, in 2014.
That places Lithuania 156th out of 188 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.
Time required to start business in Lithuania, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 26 | — |
| 2004 | 26 | +0.0% |
| 2005 | 26 | +0.0% |
| 2006 | 26 | +0.0% |
| 2007 | 26 | +0.0% |
| 2008 | 26 | +0.0% |
| 2009 | 26 | +0.0% |
| 2010 | 22 | -15.4% |
| 2011 | 22 | +0.0% |
| 2012 | 19.5 | -11.4% |
| 2013 | 8.5 | -56.4% |
| 2014 | 5.5 | -35.3% |
| 2015 | 5.5 | +0.0% |
| 2016 | 5.5 | +0.0% |
| 2017 | 5.5 | +0.0% |
| 2018 | 5.5 | +0.0% |
| 2019 | 5.5 | +0.0% |
Lithuania compared with similar countries
- Lithuania's 5.5 is below the median for high income countries, which is 8.5, 65% of the median. (62 countries reporting)
- Lithuania's 5.5 is below the median for Europe & Central Asia, which is 7.25, 76% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26 | 26 | 26 | 7 |
| 2010s | 10.5 | 5.5 | 22 | 10 |
Countries ranked near Lithuania
More reference data data for Lithuania
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2893 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1106 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.14 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1208 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.14 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.9699 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.6729 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.5859 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.41 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.6578 (2050)
Frequently asked questions
- What is time required to start business in Lithuania?
- Time required to start business in Lithuania was 5.5 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Lithuania?
- The highest recorded value was 26 in 2003.
- What is the lowest time required to start business recorded in Lithuania?
- The lowest recorded value was 5.5 in 2014.
- How does Lithuania rank for time required to start business?
- Lithuania ranks 156th out of 188 countries with data for 2019.
- Is time required to start business 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 Our World in Data, published as part of Time required to start business. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).