Current Account in Tunisia
Tunisia - Current AccountEconomic growth likely remained subdued in the fourth quarter. In October, industrial production declined for the 14th straight month and credit growth eased, while merchandise exports were down sharply in October–November. More positively, however, strong tourism figures should have supported activity. In other news, Parliament rejected Prime Minister-designate Habib Jemli’s proposed government in early January, paving the way for President Kais Saied to select a new candidate to form a government. The ongoing political paralysis could further delay much-needed economic policy reforms. Meanwhile, on the fiscal front, Parliament recently approved an expansionary budget for 2020, which aims to boost economic growth to 2.7% this year while simultaneously reducing the fiscal deficit to 3.0% of GDP. However, both of these figures are somewhat optimistic in the eyes of FocusEconomics panelists.
Tunisia - Current Account Data
|Current Account (% of GDP)||-8.4||-9.1||-8.9||-8.8||-10.2|
5 years of economic forecasts for more than 30 economic indicators.
Tunisia Current Account Chart
Source: Central Bank of Tunisia and FocusEconomics calculations.
|Bond Yield||7.45||0.0 %||Sep 15|
|Exchange Rate||2.78||-0.27 %||Jan 01|
|Stock Market||0.2||0.05 %||Jan 07|
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