External Debt in Tunisia
Tunisia - External DebtEconomic prospects appeared dim in Q3. A Covid-19 wave hit the country early in the quarter, forcing a reintroduction of quarantine measures for visitors in a blow to the hard-hit tourism sector. Furthermore, July’s coup caused considerable uncertainty, leading Fitch Ratings to downgrade the country’s credit rating, while exports and imports tumbled month-on-month in July. That said, prospects seemed to brighten somewhat late in the quarter, as an acceleration in the vaccination campaign led to tumbling Covid-19 cases. Turning to Q4, the government loosened restrictions in September and October, which should be aiding activity. In politics, the president finally named a government in October. However, he retains unchecked power, and reforms to tackle a growing fiscal crisis are still lacking.
Tunisia - External Debt Data
|External Debt (% of GDP)||63.1||67.8||83.7||86.9||-|
5 years of economic forecasts for more than 30 economic indicators.
Tunisia External Debt Chart
|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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