Consumption in Tunisia

Tunisia Consumption | Economic News & Forecasts

Tunisia - Consumption

In Q2, the economy saw high growth, amid resurgent industrial production and exports. Imports also grew, suggesting domestic demand supported the recovery. Despite this, the figure was largely due to a base effect, with the economy contracting in quarter-on-quarter seasonally-adjusted terms amid persistently elevated Covid-19 cases and restrictions, and stubbornly high unemployment. Turning to Q3, the coup in July, as well as pre-existing social discontent, continue to disrupt the economy; in July, Fitch Ratings downgraded the country’s credit rating, and imports and exports both tumbled in month-on-month terms. Moreover, a surge in Covid-19 cases since July has led to quarantine measures for travelers to be reintroduced, among other restrictions, in a further blow to the already-struggling tourism industry. More positively, the vaccination rate has surged in recent weeks.

Tunisia - Consumption Data

2015   2016   2017   2018   2019  
Consumption (annual variation in %)3.2  3.1  2.4  2.1  -     

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Tunisia Facts

Value Change Date
Bond Yield7.450.0 %Sep 15
Exchange Rate2.78-0.27 %Jan 01
Stock Market0.20.05 %Jan 07

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