Industry in Tunisia

Tunisia Industry | Economic News & Forecasts

Tunisia - Industry

The economy slowed to a three-year low in Q1, after logging an already subdued performance in Q4. The print was only supported by the service sector, thanks largely to strong tourist inflows. On the other hand, agricultural output contracted, owing to a high base effect following last year’s exceptional harvest. The industrial sector also slumped, held back by a further sharp contraction in oil and gas extraction and a decline in several key manufacturing sectors—primarily foodstuff, mechanical and electrical products, and textile. Lastly, the nominal merchandise trade deficit widened year-on-year in the first four months of the year despite a sharper contraction of imports than exports, further weighing on already strained foreign reserves.

Tunisia - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)1.1  -1.1  -2.6  -0.5  -1.0  

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Tunisia Industry Chart

Tunisia Industry
Note: Annual variation of industrial production in %.
Source: National Institute of Statistics.

Tunisia Facts

Bond Yield7.370.0 %Mar 15
Exchange Rate2.94-0.27 %Jun 20
Stock Market0.10.05 %Jun 20

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