External Debt in Tunisia

Tunisia External Debt | Economic News & Forecasts

Tunisia - External Debt

Economic 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

2015   2016   2017   2018   2019  
External Debt (% of GDP)63.1  67.8  83.7  86.9  -     

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Tunisia External Debt Chart

Tunisia External Debt

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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