Industry in Tunisia

Tunisia Industry | Economic News & Forecasts

Tunisia - Industry

Although annual growth rose in Q1 thanks to a favorable base effect, quarter-on-quarter growth weakened slightly, largely due to reduced agricultural and service sector activity. The agricultural sector was negatively affected by general economic uncertainty, which led to a reduction in investment by farmers, while the service sector was hit by weak private consumption in the face of rising inflation. However, growth was supported by the industrial and public sectors. In Q2, the country remains on the precipice of a balance-of-payments and political crisis. International reserves have dwindled to fewer than four months import cover amid rising energy prices. An IMF deal is urgently required, but it is being blocked by the main trade union, which has called for a strike for 16 June to protest IMF demands for public spending cuts.

Tunisia - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)-2.4  -0.5  -1.1  -0.6  -3.2  

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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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