New business density in Fiji
Fiji: New business density was 2.7 new registrations per 1,000 people ages 15-64 in 2024. ◆ Volatile
Latest (2024)
2.7 new registrations per 1,000 people ages 15-64
Change on year
up 4.9%
World rank
78th
of 176 countries
All-time high
19.57 new registrations per 1,000 people ages 15-64
in 2006
All-time low
0.2747 new registrations per 1,000 people ages 15-64
in 2008
Years of data
19
2006–2024
New business density in Fiji, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
Fiji recorded 2.7 new registrations per 1,000 people ages 15-64 for new business density in 2024.
The figure is up 4.9% on the previous year and up 80.0% over ten years.
Over the whole period, new business density in Fiji peaked at 19.57 new registrations per 1,000 people ages 15-64 in 2006 and was at its lowest, 0.2747 new registrations per 1,000 people ages 15-64, in 2008.
Fiji ranks 78th of 176 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
New business density in Fiji, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2006 | 19.57 new registrations per 1,000 people ages 15-64 | — |
| 2007 | 0.3222 new registrations per 1,000 people ages 15-64 | -98.4% |
| 2008 | 0.2747 new registrations per 1,000 people ages 15-64 | -14.7% |
| 2009 | 0.8803 new registrations per 1,000 people ages 15-64 | +220.4% |
| 2010 | 1.07 new registrations per 1,000 people ages 15-64 | +21.6% |
| 2011 | 1.03 new registrations per 1,000 people ages 15-64 | -3.3% |
| 2012 | 0.9903 new registrations per 1,000 people ages 15-64 | -4.3% |
| 2013 | 1.33 new registrations per 1,000 people ages 15-64 | +34.8% |
| 2014 | 1.5 new registrations per 1,000 people ages 15-64 | +12.3% |
| 2015 | 1.65 new registrations per 1,000 people ages 15-64 | +10.2% |
| 2016 | 2.04 new registrations per 1,000 people ages 15-64 | +23.7% |
| 2017 | 2.27 new registrations per 1,000 people ages 15-64 | +11.1% |
| 2018 | 2.27 new registrations per 1,000 people ages 15-64 | +0.1% |
| 2019 | 1.94 new registrations per 1,000 people ages 15-64 | -14.9% |
| 2020 | 1.89 new registrations per 1,000 people ages 15-64 | -2.2% |
| 2021 | 1.74 new registrations per 1,000 people ages 15-64 | -8.2% |
| 2022 | 2.48 new registrations per 1,000 people ages 15-64 | +42.6% |
| 2023 | 2.57 new registrations per 1,000 people ages 15-64 | +3.9% |
| 2024 | 2.7 new registrations per 1,000 people ages 15-64 | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.26 new registrations per 1,000 people ages 15-64 | 0.2747 new registrations per 1,000 people ages 15-64 | 19.57 new registrations per 1,000 people ages 15-64 | 4 |
| 2010s | 1.61 new registrations per 1,000 people ages 15-64 | 0.9903 new registrations per 1,000 people ages 15-64 | 2.27 new registrations per 1,000 people ages 15-64 | 10 |
| 2020s | 2.28 new registrations per 1,000 people ages 15-64 | 1.74 new registrations per 1,000 people ages 15-64 | 2.7 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Fiji
- 75 Zimbabwe 2.77 new registrations per 1,000 people ages 15-64 compare
- 76 Grenada 2.74 new registrations per 1,000 people ages 15-64 compare
- 77 Rwanda 2.72 new registrations per 1,000 people ages 15-64 compare
- 79 Morocco 2.66 new registrations per 1,000 people ages 15-64 compare
- 80 Slovenia 2.62 new registrations per 1,000 people ages 15-64 compare
- 81 Jamaica 2.6 new registrations per 1,000 people ages 15-64 compare
More private sector data for Fiji
- Merchandise trade 70.6% (2025)
- Food imports 19.0% (2024)
- Manufactures imports 56.5% (2024)
- Merchandise imports 3.25 billion current US$ (2025)
- Food exports 64.3% (2024)
- Manufactures exports 15.5% (2024)
- Merchandise exports 1.13 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,207 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1817 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.6178 % change on previous year (2025)
Frequently asked questions
- What is new business density in Fiji?
- New business density in Fiji was 2.7 new registrations per 1,000 people ages 15-64 in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Fiji?
- The highest recorded value was 19.57 new registrations per 1,000 people ages 15-64 in 2006.
- What is the lowest new business density recorded in Fiji?
- The lowest recorded value was 0.2747 new registrations per 1,000 people ages 15-64 in 2008.
- How does Fiji rank for new business density?
- Fiji ranks 78th out of 176 countries with data for 2024.
- Is new business density rising or falling in Fiji?
- Over the last ten years it is up 80.0%. The long-run trend across the full record is volatile.
- Where does this Fiji data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New business density (new registrations per 1,000 people ages 15-64). Statizoid updates them automatically from the source API.
Download this data
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About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.