diff --git a/.changeset/twelve-peaches-jam.md b/.changeset/twelve-peaches-jam.md
new file mode 100644
index 000000000000..db5cf85bb514
--- /dev/null
+++ b/.changeset/twelve-peaches-jam.md
@@ -0,0 +1,5 @@
+---
+'svelte': patch
+---
+
+perf: hoist variables which are not mutated or reassigned
diff --git a/packages/svelte/src/compiler/phases/3-transform/client/visitors/javascript-runes.js b/packages/svelte/src/compiler/phases/3-transform/client/visitors/javascript-runes.js
index 7f656dc69042..6b26e2ff17c9 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/visitors/javascript-runes.js
+++ b/packages/svelte/src/compiler/phases/3-transform/client/visitors/javascript-runes.js
@@ -151,13 +151,27 @@ export const javascript_visitors_runes = {
 
 		return { ...node, body };
 	},
-	VariableDeclaration(node, { state, visit }) {
+	VariableDeclaration(node, { path, state, visit }) {
 		const declarations = [];
 
 		for (const declarator of node.declarations) {
 			const init = unwrap_ts_expression(declarator.init);
 			const rune = get_rune(init, state.scope);
-			if (!rune || rune === '$effect.active' || rune === '$effect.root' || rune === '$inspect') {
+
+		if (
+			!rune &&
+			init != null &&
+			declarator.id.type === 'Identifier'
+		) {
+			const is_top_level = path.at(-1)?.type === 'Program';
+			const binding = state.scope.owner(declarator.id.name)?.declarations.get(declarator.id.name);
+			if (is_top_level && binding && !binding.mutated && !binding.reassigned) {
+				state.hoisted.push(b.declaration('const', declarator.id, init));
+				continue;
+			}
+		}
+
+		if (!rune || rune === '$effect.active' || rune === '$effect.root' || rune === '$inspect') {
 				if (init != null && is_hoistable_function(init)) {
 					const hoistable_function = visit(init);
 					state.hoisted.push(
diff --git a/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/_config.js b/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/_config.js
new file mode 100644
index 000000000000..f47bee71df87
--- /dev/null
+++ b/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/_config.js
@@ -0,0 +1,3 @@
+import { test } from '../../test';
+
+export default test({});
diff --git a/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/_expected/client/index.svelte.js b/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/_expected/client/index.svelte.js
new file mode 100644
index 000000000000..48d21db80459
--- /dev/null
+++ b/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/_expected/client/index.svelte.js
@@ -0,0 +1,19 @@
+// index.svelte (Svelte VERSION)
+// Note: compiler output will change before 5.0 is released!
+import "svelte/internal/disclose-version";
+import * as $ from "svelte/internal";
+
+const count = 0;
+var frag = $.template(`<p> </p>`);
+
+export default function Hoist_unmodified_var($$anchor, $$props) {
+	$.push($$props, true);
+
+	/* Init */
+	var p = $.open($$anchor, true, frag);
+	var text = $.child(p);
+
+	text.nodeValue = $.stringify(count);
+	$.close($$anchor, p);
+	$.pop();
+}
diff --git a/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/_expected/server/index.svelte.js b/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/_expected/server/index.svelte.js
new file mode 100644
index 000000000000..b9ae604e22ac
--- /dev/null
+++ b/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/_expected/server/index.svelte.js
@@ -0,0 +1,12 @@
+// index.svelte (Svelte VERSION)
+// Note: compiler output will change before 5.0 is released!
+import * as $ from "svelte/internal/server";
+
+export default function Hoist_unmodified_var($$payload, $$props) {
+	$.push(true);
+
+	let count = 0;
+
+	$$payload.out += `<p>${$.escape_text(count)}</p>`;
+	$.pop();
+}
diff --git a/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/index.svelte b/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/index.svelte
new file mode 100644
index 000000000000..fffe06f9af20
--- /dev/null
+++ b/packages/svelte/tests/snapshot/samples/hoist-unmodified-var/index.svelte
@@ -0,0 +1,7 @@
+<svelte:options runes={true} />
+
+<script>
+	let count = 0;
+</script>
+
+<p>{count}</p>