Business in Lithuania (edition 2020)

SMEs in operation

In 2019, the number of small and medium-sized enterprises (non-financial enterprises, except natural persons carrying out economic activity) (SMEs) increased by 0.4 per cent. The largest proportion (83 per cent) of them was very small enterprises (0–9 person employed). Small (10–49 persons employed) enterprises accounted for 14 per cent, middle (50–249 person employed) – 3 per cent. Over the year, the number of persons employed in SMEs increased by 2.2 per cent.

Against 2018, the turnover of SMEs totalled almost EUR 64.3 billion, and increased by 6.3 per cent. Middle and very small enterprises earned 37 per cent each. Turnover of very small enterprises accounted for 26 per cent.

SMEs earned EUR 3.3 billion net profit, i.e. almost by EUR 0.4 billion, or 13.5 per cent, more than a year ago. Net profitability of such enterprises reached 5.2 per cent (2018, 4.8 per cent). Very small enterprises were most profitable, their profitability accounted for 7.2 per cent.

In 2019, exports of goods of SMEs amounted to EUR 11.4 billion and, against 2018, increased by 6.5 per cent.

Number of small and medium enterprises registered and removed from the register over the year, 2010–2019

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

Number of small and medium enterprises in operation, 2011–2020
Beginning of the year

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

Number of small and medium enterprises in operation in regions and counties, 2020
Beginning of the year

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

Number of small and medium enterprises in operation in municipalities, 2020
Beginning of the year

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

Number of small and medium enterprises in operation by income group, 2018–2020
Beginning of the year

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

Number of employees of small and medium enterprises in operation, 2011–2020
Beginning of the year

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

Turnover and value added of SMEs by kind of economic activity

Kind of economic activity		Turnover of SMEs, EUR thous.	Value added of SMEs, EUR thous.	Share of total turnover, %	Share of value added at total cost of production, %
	Total	64,337,300	14,889,900	65.2	64.1
A02–A03	Forestry and fishing	●	●	●	●
B	Mining and quarrying	239,431	101,756	100.0	100.0
C	Manufacturing	9,824,909	2,743,764	42.4	50.2
D	Electricity, gas, steam and air conditioning supply	1,493,560	301,967	57.9	42.1
E	Water supply; sewerage, waste management and remediation activities	552,570	265,451	79.3	75.9
F	Construction	5,059,905	1,508,537	76.7	79.3
G	Wholesale and retail trade; repair of motor vehicles and motorcycle	28,876,285	3,492,189	72.7	68.7
H	Transportation and storage	7,735,289	1,853,164	63.2	50.8
I	Accommodation and food service activities	1,010,184	431,289	84.5	84.0
J	Information and communication	1,902,054	858,055	65.3	61.9
L	Real estate activities	●	●	●	●
M	Professional, scientific and technical activities	●	●	●	●
N	Administrative and support service activities	1,940,896	678,094	76.2	61.4
P	Education	227,407	135,967	100.0	100.0
Q	Human health and social work activities	603,599	367,798	85.4	84.0
R	Arts, entertainment and recreation	●	●	●	●
S95–S96	Repair of computers, personal and household goods; other personal service activities	186,044	76,695	100.0	100.0

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● Confidential data.

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Number of SMEs in operation by kind of economic activity

SME's indicators (except self-employed persons)

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Business in Lithuania (edition 2020)

SMEs in operation

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