Small and medium-sized business survey data on payment terms

The survey was commissioned by the Ministry of Economy and Innovation of the Republic of Lithuania in 2022. from October 14 to November 18. The general population of the survey was all small and medium-sized enterprises registered in the Republic of Lithuania (SMEs, enterprises with a number of employees not exceeding 250 and an annual income of EUR 50 million). A total of 1004 respondents were interviewed. The sample of the survey was formed according to the general proportions of SME companies in the research population. The proportions of the activity sector, company size (number of employees) and place of registration (county level) were taken into account. The sample quotas are based on the actual proportions of SMEs in the population. The selection of specific companies was carried out in a random-probabilistic manner. The maximum statistical error of the entire sample is ±3.1 percent.