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Lithuania flag Lithuania Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Lithuania, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

Domestic credit to private sector by banks (% of GDP)
36.0
2024 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
New business density (new registrations per 1,000 people ages 15-64)
2.9
2022 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Average time to clear exports through customs (days)
4.0
2019 · Average number of days to clear direct exports through customs.
Time to obtain an electrical connection (days)
41.8
2019 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
Firms visited or required meetings with tax officials (% of firms)
16.3
2019 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
Corruption Perceptions Index
63.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Agricultural raw materials imports (% of merchandise imports)
1.80649422653919
2024 · World Bank
Manufactures exports (% of merchandise exports)
60.6076889908181
2024 · World Bank
Computer, communications and other services (% of commercial service exports)
36.9694993332238
2024 · World Bank
Transport services (% of commercial service imports)
46.481376372316
2024 · World Bank
Agricultural raw materials exports (% of merchandise exports)
2.45538806255426
2024 · World Bank
Commercial service exports (current US$)
24126363371.1455
2024 · World Bank
Insurance and financial services (% of service imports, BoP)
4.22974382674544
2024 · World Bank
Merchandise trade (% of GDP)
99.5213629454359
2024 · World Bank
Food imports (% of merchandise imports)
12.6916413886915
2024 · World Bank
Insurance and financial services (% of service exports, BoP)
7.72812103941625
2024 · World Bank
Export unit value index (2015 = 100)
121.9
2024 · World Bank
Trade in services (% of GDP)
45.8108221781455
2024 · World Bank
Travel services (% of commercial service exports)
7.93956718106029
2024 · World Bank
Food exports (% of merchandise exports)
19.0253752003228
2024 · World Bank
Import unit value index (2015 = 100)
119.3
2024 · World Bank
Fuel exports (% of merchandise exports)
14.070143426647
2024 · World Bank
Transport services (% of commercial service exports)
47.340297327561
2024 · World Bank
Insurance and financial services (% of commercial service exports)
7.75063615815492
2024 · World Bank
Domestic credit to private sector (% of GDP)
35.9687269117612
2024 · World Bank
Manufactures imports (% of merchandise imports)
62.4248689264874
2024 · World Bank

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

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