Lithuania ranks fourth in the Entrepreneurship Index with a score of 6.1. • The country boasts one of the lowest business closure rates among advanced economies, and 1 in 7 individuals intends to start a business within the next three years. This reflects a highly favorable business environment for maintaining and growing businesses. • The perception of business opportunities has significantly improved, with 52% of respondents seeing opportunities in 2023, up from 32% in 2022. • In 2023, over 40% of entrepreneurs and 55% of established business owners prioritized social and environmental impact over profitability, though financial benefits remain important. • Although the early entrepreneurship rate decreased from 12.3% to 7.1%, business maturity increased from 8.4% to 14.1%. Overall, Lithuania's business environment supports both new ventures and established businesses, with a strong focus on innovation and social responsibility.