Lithuania is ranked 11 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Lithuania improved to 11 in 2019 from 14 in 2018.

Ease of Doing Business in Lithuania averaged 20.75 from 2008 until 2019, reaching an all time high of 27 in 2011 and a record low of 11 in 2019. This page includes a chart with historical data for Ease of Doing Business in Lithuania. Ease of Doing Business in Lithuania - values, historical data and charts - was last updated on May of 2020. source: World Bank

Ease of Doing Business in Lithuania is expected to reach 16.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ease of Doing Business in Lithuania is projected to trend around 16.00 in 2021 and 14.00 in 2022, according to our econometric models.

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Ease of Doing Business in Lithuania

Actual Previous Highest Lowest Dates Unit Frequency
11.00 14.00 27.00 11.00 2008 - 2019 Yearly

Lithuania Business Last Previous Highest Lowest Unit
Business Confidence -22.70 -3.70 14.00 -38.00 points [+]
Industrial Production -11.40 -1.40 40.00 -26.10 percent [+]
Industrial Production Mom -8.30 1.70 22.10 -17.40 percent [+]
Manufacturing Production -1.30 0.20 35.70 -31.40 percent [+]
Capacity Utilization 70.00 76.40 77.80 44.10 percent [+]
Changes in Inventories -671.70 20.90 632.60 -671.70 EUR Million [+]
Car Registrations 1378.00 2236.00 4546.00 435.00 [+]
Internet Speed 14619.89 14565.38 15105.13 1613.98 KBps [+]
IP Addresses 1350900.00 1301324.00 1350900.00 380646.00 IP [+]
Mining Production -8.30 5.60 58.60 -48.10 percent [+]
Bankruptcies 2090.00 2977.00 2977.00 590.00 Companies [+]
Competitiveness Index 68.35 67.12 68.35 4.29 Points [+]
Competitiveness Rank 39.00 40.00 53.00 36.00 [+]
Ease of Doing Business 11.00 14.00 27.00 11.00 [+]
Electricity Production 369.00 300.00 1406.00 155.00 Gigawatt-hour [+]
Corruption Index 60.00 59.00 61.00 38.00 Points [+]
Corruption Rank 35.00 38.00 58.00 32.00 [+]


Ease of Doing Business in Lithuania
The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses.