Business in Lithuania (edition 2021)

Operating enterprises
(excluding agricultural, financial and insurance activities)

 

Photo from Pixabay.com

   Operating enterprises

   Main structural indicators of non-financial enterprises 

   Indicators of enterprises by place of operational activities

   Productivity of enterprise activities  


The survey population is comprised of public and private companies, state‑owned and municipal enterprises, foreign affiliates, agricultural and cooperative partnerships, public bodies, individual enterprises, and natural persons carrying out economic activity. The public bodies included are only those which cover more than half of their operating costs with the revenue earned. All economic activities according to NACE, except for agriculture, financial intermediation, and public administration and defence, are covered.

From reference year 2018 data are published according to a new statistical unit – enterprise. An enterprise is a group of legal units, a legal unit or part of a legal unit. Legal units that are part of a group of enterprises and their combined activities form an operating segment, then these legal units are treated as an enterprise.


  

   Operating enterprises


In 2020, there were 278.6 thousand enterprises operating in the country. Over the year, the number of enterprises increased by 2.8 per cent, over a ten-year period – almost twice. The main activity of most (20 per cent) enterprises was trade; 13 per cent of enterprises provided professional, scientific and technical services for business, 12 per cent – were engaged in construction, almost 9 per cent – in transportation and storage, and 8 per cent – in manufacturing.

Very small enterprises (0–9 persons employed) accounted for the largest share (94.6 per cent) of non-financial enterprises. Small (10–49 persons employed) enterprises accounted for 4.5, middle-sized (50–249 persons employed) enterprises – 0.8, large (250 and over persons employed) enterprises – 0.1 per cent.


Number of operating enterprises, 2011–2020

Created with Highcharts 6.1.4All enterprises0–9 darbuotojai0–9 employees20–49 employeesemployees250 employees and over20112012201320142015201620172018¹20192020*050,000100,000150,000200,000250,000300,000

__________________________
¹ Incomparable data. Break in time series.
* Provisional data.

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

 

Operating enterprises by kind of economic activity, 2020*

Created with Highcharts 6.1.4GMFHLS95–S96CPRNJIQA02–A03DEB02,5005,0007,50010,00012,50015,00017,50020,00022,50025,00027,50030,00032,50035,00037,50040,00042,50045,00047,50050,00052,50055,00057,50060,000

__________________________
Provisional data.

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

 

Natural persons carrying out economic activity under patent or certificate accounted for the largest share of non-financial enterprises – 66.7 per cent, joint stock companies – 24 per cent. Over the year, the number of natural persons carrying out economic activity grew by 9.1 thousand (5.2 per cent), over a ten-year period – 2.3 times; the number of joint stock companies decreased by 2,142 (3.1 per cent).


Operating enterprises by kind of economic activity, 2011–2020

Enterprises legal form

2011

2012

2013

2014

2015

2016

2017

2018¹

2019

2020*

All enterprises

148,468

167,116

182,505

209,534

224,623

235,043

248,519

259,147

271,001

278,572

Natural persons carrying out economic activity

79,722

95,295

106,049

126,864

139,127

148,389

160,836

168,784

176,716

185,824

Private limited companies

50,026

53,419

57,031

62,829

65,058

66,477

66,614

67,302

69,107

66,965

Small partnerships

244

1,858

3,226

4,149

5,073

6,313

8,907

11,488

13,771

Individual Enterprises

16,741

16,175

15,620

14,879

13,938

12,608

11,886

11,161

10,597

9,425

Public institutions

1,016

1,048

1,023

815

1,446

1,609

2,017

2,211

2,316

1,873

Public companies

299

284

283

282

283

266

251

233

222

205

Branches of foreign juridical persons

129

139

140

148

146

171

181

185

203

182

Cooperative enterprises

178

174

173

174

173

160

151

142

147

141

Partnerships

142

134

130

118

112

104

98

94

93

85

Agricultural enterprises

93

88

87

95

93

90

88

87

83

74

State and Municipal Enterprises

122

116

111

104

98

96

84

41

29

27

__________________________
¹ Incomparable data. Break in time series.
* Provisional data.
– Category not applicable.

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


   

   Main structural indicators of non-financial enterprises 


1 million 112 thousand persons were employed in non-financial enterprises, 948.4 thousand of them – employees. Over the year, the number of persons employed increased by 200 (0.02 per cent), while the number of employees decreased by 16.8 thousand (1.7 per cent). Over a ten-year period, the number of persons employed in non-financial enterprises increased by 29.4 per cent.

Average labour costs per hour actually worked amounted to EUR 9.8 (by 7.9 per cent more than a year ago). The highest (EUR 17.3) labour costs were recorded in the enterprises engaged in information and communication activities, the lowest (EUR 6.4) – repair of computers and personal and household goods and other personal service activities.


Number of persons employed, 2011–2020

Created with Highcharts 6.1.4All enterprises0–9 employees10–19 employees20–49 employees50–249 employees250 employees and over20112012201320142015201620172018¹20192020*0250,000500,000750,0001,000,0001,250,000

__________________________
¹ Incomparable data. Break in time series.
* Provisional data.

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

 

Number of persons employed by sex and kind of economic activity, 2020*

Created with Highcharts 6.1.4MenWomenGCHFMNIJLQS95–S96PREDA02–A03B010,00020,00030,00040,00050,00060,00070,00080,00090,000100,000110,000120,000130,000140,000150,000160,000170,000180,000190,000200,000210,000220,000230,000240,000250,000

__________________________
* Provisional data.

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


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More:

Employees of non-financial enterprises

 

In 2020, the turnover of enterprises amounted to EUR 99.9 billion and, compared to 2019, decreased by EUR 1.4 billion (1.4 per cent). The value added (at factor cost) generated by enterprises amounted to EUR 25.5 billion, which is by EUR 1.4 billion (5.9 per cent) more than in 2019.

Over a ten-year period, the turnover of non-financial enterprises grew by 57 per cent, the value added (at factor cost) –nearly 2.1 times.


Turnover, 2011–2020

Created with Highcharts 6.1.4EUR thousandAll enterprises0–9 employees10–19 employees20–49 employees50–249 employees250 employees and over20112012201320142015201620172018¹20192020*025,000,00050,000,00075,000,000100,000,000125,000,000

__________________________
¹ Incomparable data. Break in time series.
* Provisional data.

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

 

Turnover by kind of economic activity, 2020*

Created with Highcharts 6.1.4EUR thousandGCHFJMDNLIRQEA02–A03S95–S96PB02,500,0005,000,0007,500,00010,000,00012,500,00015,000,00017,500,00020,000,00022,500,00025,000,00027,500,00030,000,00032,500,00035,000,00037,500,00040,000,00042,500,00045,000,000

__________________________
* Provisional data.

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

 

The largest share (34 per cent) of the total value added (at factor cost) of non-financial enterprises was generated in large enterprises; the proportion of persons employed in such enterprises made up a quarter (25 per cent) of all persons employed in non-financial enterprises. Almost a fifth (19 per cent) of value added (at factor cost) was generated in very small enterprises; the proportion of persons employed in such enterprises made up almost a third (32 per cent) of all persons employed.


Value added (at factor cost), 2011–2020

Created with Highcharts 6.1.4EUR thousandAll enterprises0–9 employees10–19 employees20–49 employees50–249 employees250 employees and over20112012201320142015201620172018¹20192020*05,000,00010,000,00015,000,00020,000,00025,000,00030,000,000

__________________________
¹ Incomparable data. Break in time series.
* Provisional data.

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

 

Value added (at factor cost) by kind of economic activity, 2020*

Created with Highcharts 6.1.4EUR thousandCGHFJMNLDQIEA02–A03PS95–S96RB0250,000500,000750,0001,000,0001,250,0001,500,0001,750,0002,000,0002,250,0002,500,0002,750,0003,000,0003,250,0003,500,0003,750,0004,000,0004,250,0004,500,0004,750,0005,000,0005,250,0005,500,0005,750,0006,000,0006,250,0006,500,000

__________________________
* Provisional data.

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

  


More:

   Indicators of enterprises by place of operational activities


 

   Productivity of enterprise activities


In 2020, the average turnover per hour worked totalled EUR 70.5. Over the year, this amount increased by 3.2 per cent, over a ten-year period – 36.6 per cent. The average turnover per year by one conditional employee (after the recalculation into a full-time employee) totalled EUR 119.5 thousand. Over the year, income per one conditional employee increased by 1.2 per cent, over a ten-year period – 31 per cent.


Turnover per one conditional employee, 2011–2020

Created with Highcharts 6.1.4EUR thousandAll enterprises0–9 employees10–19 employees20–49 employees50–249 employees250 employees and over20112012201320142015201620172018¹20192020*050100150

__________________________
¹ Incomparable data. Break in time series.
* Provisional data.

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

 

Turnover per one conditional employee by economic activity, 2020* 

Created with Highcharts 6.1.4EUR thousandDGLR A–SCJBHFMA02–A03S95–S96EQPNI0102030405060708090100110120130140150160170180190200210220230240250

__________________________
* Provisional data.

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

 

Major proportion – EUR 94.6 thousand – of the value added per one conditional employee was generated in the real estate activities, EUR 83.5 thousand – electricity, gas, steam and air conditioning supply activities, EUR 51 thousand – information and communication enterprises, while the smallest proportion – EUR 13.2 thousand – accommodation and food service enterprises.


Value added (at factor cost) per one conditional employee, 2011–2020

Created with Highcharts 6.1.4EUR thousandAll enterprises0–9 employees10–19 employees20–49 employees50–249 employees250 employees and over20112012201320142015201620172018¹20192020*010203040

__________________________
¹ Incomparable data. Break in time series.
* Provisional data.

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

 

Major proportion – EUR 48.7 – of the value added per hour was generated in the real estate activities; EUR 38.1 – electricity, gas, steam and air conditioning supply activities, EUR 27 – information and communication enterprises, while the smallest proportion – EUR 8.1 – accommodation and food service enterprises.


Value added (at factor cost) per one conditional employee by economic activity, 2020*

Created with Highcharts 6.1.4EUR thousandLDJBM A–SGCQS95–S96EHPRA02–A03FNI05101520253035404550556065707580859095100

__________________________
* Provisional data.

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


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More:

Turnover per hour worked by employee

Turnover per hour worked by employee by economic activity

Turnover per hour worked by employee by enterprise size class

Value added (at factor cost) per hour worked by employee

Value added (at factor cost) per hour worked by employee by economic activity

Value added (at factor cost) per hour worked by employee by enterprise size class

 

In 2020, more than two thirds (67.8 per cent) of the enterprises were profitable – earning the net profit of EUR 8.6 billion. Other enterprises were loss-making (with the loss of EUR 1.6 billion). Over the year, the proportion of profitable enterprises increased by 2.2 percentage points, and their profit grew by EUR 1.5 billion or 21.5 per cent. Loss incurred increased by EUR 0.3 billion or 28 per cent.


Profitable and loss-making enterprises, 2011–2020¹

   Per cent
__________________________
¹ Excluding individual enterprises and natural persons carrying out economic activity.
  2018 – incomparable data. Break in time series.

  2020 – provisional data.

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

 

Profit of profit-making enterprises, loss of loss-making enterprises, 2011–2020¹

   EUR thousand__________________________
¹ Excluding individual enterprises and natural persons carrying out economic activity.
  2018 – incomparable data. Break in time series.

  2020 – provisional data.

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

 

In 2020, the net profitability of enterprises accounted for 6.5 per cent, i.e. on average EUR 6.5 per EUR 100 income. Excluding the activity of the head offices, where most of the income is earned from dividends, the most profitable activity was the manufacture of basic pharmaceutical products and pharmaceutical preparations, with a net profitability of 25.4 per cent.

The largest part (EUR 869 million) of net profit was generated in wholesale trade, except of motor vehicles and motorcycles activity. Compared to 2019, net profit increased by EUR 268 million or 45 per cent.

The sectors covering air transport, accommodation and food service activities, travel agencies, tour operators, reservation service and related activities, sports activities, arts, entertainment and recreation, non-residential social work activities and manufacturing of refined petroleum products, which were profitable in 2018–2019, became loss making activities in 2020, with the largest decrease in profit recorded in real estate activity. This was probably mainly influenced by COVID‑19.


Profitability of enterprises, 2011–2020¹

   Per cent__________________________
¹ Excluding individual enterprises and natural persons carrying out economic activity.
  2018 – incomparable data. Break in time series.

  2020 – provisional data.

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

 

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More:

Profitability of enterprises by kind of economic activity

Equity to liabilities ratio

Enterprise performance indicators

Key financial ratios of enterprises (quartile and median)


Kind of economic activity

A02–A03

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

L

Real estate activities

M

Professional, scientific and technical activities

N

Administrative and support service activities

P

Education

Q

Human health and social work activities

R

Arts, entertainment and recreation

S95–S96

Repair of computers, personal and household goods; other personal service activities


For further terms, see the Dictionary of Statistical Terms.