Tonga: Business freedom

* indicates monthly or quarterly data series
 Tonga

Business freedom index (0-100)

 Latest value 60
 Year 2024
 Measure points
 Data availability 2009 - 2024
 Average 73
 Min - Max 56 - 79
 Source The Heritage Foundation
For that indicator, we provide data for Tonga from 2009 to 2024. The average value for Tonga during that period was 73 points with a minimum of 56 points in 2023 and a maximum of 79 points in 2009. The latest value from 2024 is 60 points. For comparison, the world average in 2024 based on 175 countries is 62 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Tonga - Business freedom - Recent values chart

Historical chart
Tonga - Business freedom - historical chart - 2009-2024




The Business Freedom index for Tonga from The Heritage Foundation measures the ability to start, operate, and close a business. It reflects the overall burden of regulations and the efficiency of the government of Tonga in the regulatory process.
Definition: The Business freedom index is based on 10 indicators, using data from the World Bank’s Doing Business study: Starting a business-procedures (number), time (days), cost (% of income per capita), and minimum capital (% of income per capita); Obtaining a license—procedures (number), time (days), and cost (% of income per capita); Closing a business—time (years), cost (% of estate), and recovery rate (cents on the dollar).


 Related indicators Latest value Reference Measure
 Property rights 63 2024 points
 Freedom from corruption 45 2024 points
 Fiscal freedom 96 2024 points
 Business freedom 60 2024 points
 Labor freedom 56 2024 points
 Monetary freedom 64.40 2024 points
 Trade freedom 72 2024 points
 Investment freedom 40 2024 points
 Financial freedom 20 2024 points
 Economic freedom, overall index 59 2024 index points
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