Business in Lithuania (edition 2020)

Bankruptcy

 

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In 2019, bankruptcy processes were instituted in 1,608 enterprises, which is by 23.1 per cent less than in 2018. In 2019, bankruptcy processes were completed in 2,640 enterprises, which is by 8.2 per cent less than in 2018.


Number of bankruptcy processes instituted and completed, 2010–2019

The latest and detailed data are available in the Database of Indicators

 

The largest proportion of all the bankruptcy processes were instituted in the wholesale and retail trade (28.1 per cent), construction (17.5 per cent) and transportation and storage (10.2 per cent) enterprises. The number of the bankruptcy processes instituted in the wholesale and retail trade enterprises, against 2018, decreased by one third (33.6 per cent).


Number of bankruptcy processes instituted and completed, 2019 

Created with Highcharts 6.1.4Number of bankruptcy processes institutedNumber of bankruptcy processes completedGFHCNMISLJRADPQEKB050100150200250300350400450500550600650700750800850900

The latest and detailed data are available in the Database of Indicators

 

In 2019, the major share of all the bankruptcy processes was instituted in the enterprises of Vilnius, Kaunas and Klaipėda Counties (40.7, 25.2 and 14 per cent respectively). The number of the bankruptcy processes instituted mostly dropped in Alytus, Marijampolė and Vilnius Counties (48.4, 37.9 and 32.4 per cent respectively). The number of the bankruptcy processes instituted grew in Utena, Tauragė and Šiauliai Counties (22.2, 18.8 and 12.per cent respectively).


Number of bankruptcy processes instituted and completed by county, 2019

The latest and detailed data are available in the Database of Indicators

Kind of economic activity

A

Agriculture, forestry and fishing

B

Mining and quarrying

C

Manufacturing

D

Electricity, gas, steam and air conditioning supply

E

Water supply; sewerage, waste management and remediation activities

F

Construction

G

Wholesale and retail trade; repair of motor vehicles and motorcycle

H

Transportation and storage

I

Accommodation and food service activities

J

Information and communication

K

Financial and insurance activities

L

Real estate activities

M

Professional, scientific and technical activities

N

Administrative and support service activities

O

Public administration and defence; compulsory social security

P

Education

Q

Human health and social work activities

R

Arts, entertainment and recreation

S

Other service activities

For further terms, see the Dictionary of Statistical Terms.