Tunisia Fiscal Balance (% of GDP)

Fiscal Balance in Tunisia

GDP grew 1.6% year on year in Q4 (Q3: 2.9%), meaning it expanded 2.5% over 2022 as a whole—the fourth-worst performance in MENA. Turning to Q1 2023, available data is downbeat. Inflation rose to highs not seen since 1984, likely knocking private spending; imports—which rise when consumers spend more—grew just 1.6%, the least since Q4 2020. The external sector also seemed weak, with exports growing the least since Q4 2020. In other news, on 3 May the IMF said it was “almost” done lining up funds for its long-delayed USD 1.9 billion rescue package. On the day the comments were made, Tunisian bonds were the best performing among emerging markets. The IMF’s comments came despite the President saying that he would not consider further spending cuts and against the background of a growing migrant crisis and a crackdown on political dissent.

Tunisia Fiscal Balance Chart

This chart displays Fiscal Balance (% of GDP) for Tunisia from 2012 to 2021.

Tunisia Fiscal Balance Data

2017 2018 2019 2020 2021
Fiscal Balance (% of GDP) -5.9 -4.5 -3.3 -9.7 -7.9

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest