GDP in Tunisia

Tunisia GDP | Economic News & Forecasts

Tunisia - GDP

After high growth in Q2—which was driven by a base effect—the economic landscape appeared bleaker in Q3. The country was hit early in the quarter by a surge in Covid-19 cases, which forced the reintroduction of quarantine measures for tourists—a blow to the already-struggling tourism industry. Moreover, July’s coup caused significant uncertainty, leading Fitch Ratings to downgrade the country’s credit rating, whilst exports and imports tumbled in the same month compared to June. Nonetheless, prospects appeared more favorable later on in Q3. Exports grew in August, while Covid-19 cases fell in August–September. In politics, the naming of Najla Romdhane—a geologist with little government experience—as prime minister on 29 September should offer some stability, although the constitution remains suspended and it remains to be seen whether she will be able to ward off a looming fiscal crisis.

Tunisia - GDP Data

2015   2016   2017   2018   2019  
Economic Growth (GDP, annual variation in %)1.2  1.1  2.0  2.7  1.0  

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Tunisia GDP Chart


Tunisia GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: National Institute of Statistics.

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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