Entrepreneurship in East Asia & Pacific

29 countries in East Asia & Pacific report new business density data. Hong Kong SAR, China leads the region at 28.85 new businesses per 1,000 adults, and the regional median is 1.57. Here is the full ranking.

#	Country	New business density
1	Hong Kong SAR, China	28.85
2	Australia	18.06
3	New Zealand	16.05
4	China	15.59
5	Nauru	15.23
6	Singapore	11.59
7	Mongolia	8.26
8	Korea, Rep.	3.51
9	Fiji	2.70
10	Malaysia	2.38
11	Timor-Leste	2.34
12	Viet Nam	2.00
13	Thailand	1.75
14	Vanuatu	1.58
15	Lao PDR	1.57
16	Tuvalu	1.13
17	Solomon Islands	1.09
18	Indonesia	0.94
19	Samoa	0.72
20	Tonga	0.70
21	Papua New Guinea	0.67
22	Japan	0.58
23	Philippines	0.51
24	Brunei Darussalam	0.47
25	Cambodia	0.45
26	Myanmar	0.39
27	Micronesia, Fed. Sts.	0.37
28	Marshall Islands	0.20
29	Kiribati	0.03

Ranked by new business density, the most recent year each country reports. Updated 01 July 2026.