Current Account in Tunisia

Tunisia Current Account | Economic News & Forecasts

Tunisia - Current Account

The economy slowed in the last quarter of 2018 on a broad-based contraction in the industrial sector, owing to a sharp decline in oil production, as well as lower phosphate and manufacturing output. Service sector activity also softened slightly; agricultural sector growth, however, remained upbeat. On 7 February, after weeks of large-scale strikes, the government agreed to raise wages for 670,000 public workers. This directly contradicted the IMF’s recommendations, prompting the institution to indefinitely delay its planned visit to unlock a vital USD 225 million loan tranche.

Tunisia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-8.4  -9.1  -8.9  -8.8  -10.4  

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Tunisia Current Account Chart

Tunisia Current Account
Note: Current account balance as % of GDP.
Source: Central Bank of Tunisia and FocusEconomics calculations.

Tunisia Facts

Bond Yield7.160.0 %Dec 15
Exchange Rate3.02-0.27 %Mar 11
Stock Market0.10.05 %Mar 06

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