Fiscal Balance in Tunisia

Tunisia Fiscal Balance | Economic News & Forecasts

Tunisia - Fiscal Balance

GDP growth slowed to a three-year low in the first quarter of the year on declining agricultural and industrial output, as well as a feeble external sector—which remained tepid in Q2, according to trade data up to May. However, in better news, the unemployment rate decreased to a one-and-a-half-year low in Q1. Moreover, on 12 June, the IMF signed off on a much-needed USD 245 million loan to the Tunisian government, which forms part of a four-year USD 2.9 billion support program agreed to in 2016. The Fund urged the government to continue improving the fiscal and external deficits to “overcome the otherwise unsustainable debt dynamics”. Meanwhile, two suicide bombings in Tunis on 27 June could threaten the tourism sector’s revival.

Tunisia - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-6.9  -5.0  -4.8  -6.1  -6.1  

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Tunisia Fiscal Balance Chart


Tunisia Fiscal
Note: Fiscal balance as % of GDP.
Source: Ministry of Economy and Finance.

Tunisia Facts

ValueChangeDate
Bond Yield7.370.0 %Mar 15
Exchange Rate2.89-0.27 %Jul 11
Stock Market0.20.05 %Jul 11

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