New businesses registered in Tonga
Tonga: New businesses registered was 42 number in 2024. ◆ Volatile
New businesses registered in Tonga, 2006–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
In 2024, new businesses registered in Tonga stood at 42 number.
Compared with earlier readings it is up 31.2% on the previous year and down 35.4% over ten years.
Over the whole period, new businesses registered in Tonga peaked at 144 number in 2007 and was at its lowest, 21 number, in 2020.
Tonga ranks 174th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
New businesses registered in Tonga, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 107 number | — |
| 2007 | 144 number | +34.6% |
| 2008 | 103 number | -28.5% |
| 2009 | 105 number | +1.9% |
| 2010 | 139 number | +32.4% |
| 2011 | 116 number | -16.5% |
| 2012 | 115 number | -0.9% |
| 2013 | 112 number | -2.6% |
| 2014 | 65 number | -42.0% |
| 2015 | 71 number | +9.2% |
| 2016 | 96 number | +35.2% |
| 2017 | 33 number | -65.6% |
| 2018 | 36 number | +9.1% |
| 2019 | 80 number | +122.2% |
| 2020 | 21 number | -73.8% |
| 2021 | 31 number | +47.6% |
| 2022 | 31 number | +0.0% |
| 2023 | 32 number | +3.2% |
| 2024 | 42 number | +31.2% |
Tonga compared with similar countries
- Tonga's 42 number is below the median for upper middle income countries, which is 8,806 number, 0% of the median. (52 countries reporting)
- Tonga's 42 number is below the median for East Asia & Pacific, which is 16,144 number, 0% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 114.75 number | 103 number | 144 number | 4 |
| 2010s | 86.3 number | 33 number | 139 number | 10 |
| 2020s | 31.4 number | 21 number | 42 number | 5 |
Countries ranked near Tonga
More private sector data for Tonga
- Merchandise trade 39.5% (2025)
- Food imports 27.5% (2023)
- Manufactures imports 53.8% (2023)
- Merchandise imports 255.00 million current US$ (2025)
- Food exports 30.9% (2023)
- Manufactures exports 67.5% (2023)
- Merchandise exports 13.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 125.31 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0191 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 44.44 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Tonga?
- New businesses registered in Tonga was 42 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Tonga?
- The highest recorded value was 144 number in 2007.
- What is the lowest new businesses registered recorded in Tonga?
- The lowest recorded value was 21 number in 2020.
- How does Tonga rank for new businesses registered?
- Tonga ranks 174th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Tonga?
- Over the last ten years it is down 35.4%. The long-run trend across the full record is volatile.
- Where does this Tonga data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New businesses registered (number). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.