Industry in Tunisia

Tunisia Industry | Economic News & Forecasts

Tunisia - Industry

Economic growth likely remained subdued in the fourth quarter. In October, industrial production declined for the 14th straight month and credit growth eased, while merchandise exports were down sharply in October–November. More positively, however, strong tourism figures should have supported activity. In other news, Parliament rejected Prime Minister-designate Habib Jemli’s proposed government in early January, paving the way for President Kais Saied to select a new candidate to form a government. The ongoing political paralysis could further delay much-needed economic policy reforms. Meanwhile, on the fiscal front, Parliament recently approved an expansionary budget for 2020, which aims to boost economic growth to 2.7% this year while simultaneously reducing the fiscal deficit to 3.0% of GDP. However, both of these figures are somewhat optimistic in the eyes of FocusEconomics panelists.

Tunisia - Industry Data

2013   2014   2015   2016   2017  
Industrial Production (annual variation in %)1.1  -1.1  -2.6  -0.6  -0.9  

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Tunisia Industry Chart

Tunisia Industry
Note: Annual variation of industrial production 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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