New businesses registered — all countries

New businesses registered — Tonga

New businesses registered in Tonga in 2024 — 42 companies. Ranked 134 in the world out of 134. Since 2006, the indicator has fallen by 60.7%.

2024 42 companies +31.25% vs 2023
World rank 134of 134
Period maximum 144 companies2007
Period minimum 21 companies2020

Trend over time

2006–2024 · companies

New businesses registered — Tonga, 2006–202405010015020062008201020122014201620182020202220242006: 107 companies2007: 144 companies2008: 103 companies2009: 105 companies2010: 139 companies2011: 116 companies2012: 115 companies2013: 112 companies2014: 65 companies2015: 71 companies2016: 96 companies2017: 33 companies2018: 36 companies2019: 80 companies2020: 21 companies2021: 31 companies2022: 31 companies2023: 32 companies2024: 42 companies
Change over the period: −65 (−60.75%) Average annual rate: -5.06 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Tonga

Tonga 42 companies
Upper-middle-income countries computed 2.82M companies
New businesses registered — Tonga, by year Tonga All countries CSV XLSX
Year companies Change Change, %
2024 42 +10 +31.25%
2023 32 +1 +3.23%
2022 31 +0 +0%
2021 31 +10 +47.62%
2020 21 −59 −73.75%
2019 80 +44 +122.22%
2018 36 +3 +9.09%
2017 33 −63 −65.63%
2016 96 +25 +35.21%
2015 71 +6 +9.23%
2014 65 −47 −41.96%
2013 112 −3 −2.61%
2012 115 −1 −0.86%
2011 116 −23 −16.55%
2010 139 +34 +32.38%
2009 105 +2 +1.94%
2008 103 −41 −28.47%
2007 144 +37 +34.58%
2006 107

About the indicator

The number of newly registered limited liability companies over a year. Only they are counted: sole proprietorships, partnerships and cooperatives do not enter, so in countries where small business prefers simpler legal forms the indicator understates entrepreneurial activity.

Important: Limited liability companies only. Registration is not the start of activity: some registered companies never begin to operate.

Source: World Development Indicators (World Bank), license CC BY 4.0.