Current Account in Tunisia

Tunisia Current Account | Economic News & Forecasts

Tunisia - Current Account

Economic 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

2013  2014  2015  2016  2017  
Current Account (% of GDP)-8.4  -9.1  -8.9  -8.8  -10.2  

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

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