Lithuania: Business freedom

* indicates monthly or quarterly data series

Business freedom index (0-100)

 Latest value 81
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 77
 Min - Max 70 - 87
 Source The Heritage Foundation
For that indicator, we provide data for Lithuania from 1996 to 2024. The average value for Lithuania during that period was 77 points with a minimum of 70 points in 1996 and a maximum of 87 points in 2022. The latest value from 2024 is 81 points. For comparison, the world average in 2024 based on 175 countries is 62 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Lithuania - Business freedom - Recent values chart

Historical chart
Lithuania - Business freedom - historical chart - 1996-2024

The Business Freedom index for Lithuania from The Heritage Foundation measures the ability to start, operate, and close a business. It reflects the overall burden of regulations and the efficiency of the government of Lithuania in the regulatory process.
Definition: The Business freedom index is based on 10 indicators, using data from the World Bank’s Doing Business study: Starting a business-procedures (number), time (days), cost (% of income per capita), and minimum capital (% of income per capita); Obtaining a license—procedures (number), time (days), and cost (% of income per capita); Closing a business—time (years), cost (% of estate), and recovery rate (cents on the dollar).

 Related indicators Latest value Reference Measure
 Property rights 89 2024 points
 Freedom from corruption 68 2024 points
 Fiscal freedom 83 2024 points
 Business freedom 81 2024 points
 Labor freedom 62 2024 points
 Monetary freedom 66.50 2024 points
 Trade freedom 79 2024 points
 Investment freedom 70 2024 points
 Financial freedom 70 2024 points
 Economic freedom, overall index 73 2024 index points
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