Tunisia Economic Outlook
July 3, 2018The Tunisian economy appears to have maintained momentum in Q2, after a strong performance in the agriculture and external sectors saw growth hit a four-year high in Q1. In January–May, FDI inflows grew robustly, while the trade balance improved on stable imports and rising exports. Survey data from May further indicates industrial output likely improved. However, rampant inflation and dwindling foreign reserves are forcing the country to step up its pace of reforms—such as lowering fuel subsidies—to meet its IMF target and unlock a USD 257 million loan in July.
Tunisia Economic GrowthThe tourism and external sectors should fuel higher growth this year. However, increasingly restrictive economic policy will likely provide headwinds and fuel social unrest, which could be a major downside risk. FocusEconomics panelists expect GDP growth of 2.3% in 2018, down 0.1 percentage points from last month’s forecast, and 2.6% in 2019.
Tunisia Economy Data
5 years of Tunisia economic forecasts for more than 30 economic indicators.
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|Bond Yield||6.97||0.0 %||Mar 15|
|Exchange Rate||2.65||-0.27 %||Jul 17|
|Stock Market||0.1||0.05 %||Jul 16|
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