Although Tonga is ‘mostly unfree’ for Economic Freedom, it is relatively stable politically and had solid state finances. The economy is overly reliant on tourism and remittances, which could lead it to underperform peers, whilst it is highly exposed to natural disasters. Although the population is growing, the market size is small and hampered by remoteness; however, Tonga is a young country. Internet and mobile use is growing, and external funding is enabling new technologies.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
If you're in the Industry, Infrastructure and Environment industry in Tonga, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty
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