Business in Lithuania (edition 2021)

SMEs in operation

 

Photo from Pixabay.com

In 2020, the number of small and medium-sized enterprises (non-financial enterprises, except natural persons carrying out economic activity) (SMEs) increased by 0.6 per cent. Very small enterprises (0–9 person employed) accounted for the largest proportion – 83 per cent. Small (10–49 persons employed) and medium-sized (50–249 person employed) enterprises accounted for 14 and 2.8 per cent respectively. Over the year, the number of persons employed in SMEs increased by 1.8 per cent.

Against 2019, the turnover of SMEs decreased by 0.9 per cent and totalled almost EUR 64.2 billion. Turnover of small, medium-sized and very small enterprises made up 37, 36 and 27 per cent respectively.

SMEs earned EUR 3.9 billion net profit, i.e. almost by EUR 0.6 billion (or 17.1 per cent) more than a year ago. Net profitability of such enterprises accounted for 6.1 per cent (in 2019, 5.2 per cent). Very small enterprises were the most profitable ones – their profitability accounted for 8.5 per cent.

In 2020, exports of goods of SMEs amounted to EUR 11.8 billion and, against 2019, increased by 3.6 per cent.


Number of small and medium-sized enterprises registered and removed from the register over the year, 2011–2020

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

 

Number of small and medium-sized enterprises in operation, 2012–2021
Beginning of the year

Created with Highcharts 6.1.4 All enterprises0–4 employees5–9 employees10–19 employees20–49 employees50–99 employees100–149 employees150–249 employees2012201320142015201620172018201920202021025,00050,00075,000100,000


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

 

Number of small and medium-sized enterprises in operation in regions and counties, 2021
Beginning of the year

Created with Highcharts 6.1.4 Capital RegionVilnius county Central and Western Lithuania RegionKaunas countyKlaipėda countyŠiauliai countyPanevėžys countyTelšiai countyAlytus countyMarijampolė countyUtena countyTauragė county05,00010,00015,00020,00025,00030,00035,00040,00045,00050,00055,000

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

 

Number of small and medium-sized enterprises in operation in municipalities, 2021
Beginning of the year

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

 

Number of small and medium-sized enterprises in operation by income group, 2019–2021
Beginning of the year

Created with Highcharts 6.1.4201920202021Up to 9,999 EUR10,000–49,999 EUR50,000–99,999 EUR100,000–499,999 EUR500,000–999,999 EUR1,000,000–1,999,999 EUR2,000,000–4,999,999 EUR5,000,000–9,999,999 EUR10,000,000–19,999,999 EUR20,000,000–49,999,999 EUR50,000,000 EUR and more02,0004,0006,0008,00010,00012,00014,00016,00018,00020,00022,00024,00026,000

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

 

Number of employees of small and medium-sized enterprises in operation, 2012–2021
Beginning of the year

Created with Highcharts 6.1.4 All enterprises0–4 employees5–9 employees10–19 employees20–49 employees50–99 employees100–149 employees150–249 employees20122013201420152016201720182019202020210200,000400,000600,000800,000


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

 

Turnover and value added of SMEs by kind of economic activity, 2020*

Ekonominės veiklos rūšys

Turnover of SMEs, EUR thous.

Net profit, loss (-) of SMEs, thous. EUR

Value added of SMEs, EUR thous.

Share of total turnover, %

Share of net profit, loss (-), total, %

Share of value added at total cost of production, %

 

Total

64,190,976

3,924,560

16,076,543

65.7

61.7

65.1

A02–A03

Forestry and fishing

B

Mining and quarrying

253,036

22,073

103,803

100

100

100

C

Manufacturing

10,135,348

536,996

3,066,132

46.1

38.4

51.9

D

Electricity, gas, steam and air conditioning supply

786,264

76,753

245,386

32.5

28.7

28.3

E

Water supply; sewerage, waste management and remediation activities

554,990

18,520

249,428

77.4

72.0

71.5

F

Construction

5,472,976

311,990

1,665,435

79.5

89.9

82.8

G

Wholesale and retail trade; repair of motor vehicles and motorcycle

29,378,661

1,079,201

3,996,669

72.4

57.9

71.6

H

Transportation and storage

7,282,322

286,526

1,885,319

62.0

45.6

51.8

I

Accommodation and food service activities

754,249

-19,934

360,979

85.1

55.3

84.5

J

Information and communication

2,153,980

240,867

998,016

65.2

79.5

64.6

L

Real estate activities

1,771,219

430,876

884,639

100.0

100.0

100.0

M

Professional, scientific and technical activities

2,371,081

680,371

1,130,804

94.4

97.7

90.7

N

Administrative and support service activities

1,483,684

111,141

642,634

70.3

48.8

59.0

P

Education

214,368

20,881

139,464

100

100

100

Q

Human health and social work activities

625,421

85,752

397,662

82.2

80.5

80.5

R

Arts, entertainment and recreation

S95–S96

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

203,228

13,734

84,157

100

100

100

__________________________
● Confidential data.
* Provisional data.

__________________________

More:

Number of SMEs in operation by kind of economic activity

SME's indicators (except self-employed persons)