Unemployment in Tunisia

Tunisia Unemployment | Economic News & Forecasts

Tunisia - Unemployment

The economic panorama remains subdued in the second half of the year, following the sharp pandemic-induced contraction in activity in Q2. Merchandise trade data for Q3 indicated a slump in exports as slack demand from key international markets hit the mining and energy sectors, while imports nosedived on evaporating domestic demand. Moreover, the inhibited state of global tourism has hit the hospitality sector hard, with revenues from tourist activities expected to have plunged across the third quarter. In other news, the Central Bank quashed plans to purchase treasury bonds to help finance public debt on 27 October, citing the risk of higher inflation and further depreciation of the dinar. Consequently, on 2 November, parliament rejected the government’s supplementary budget bill that had proposed a widening of the fiscal deficit to an equivalent to 14% of GDP.

Tunisia - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate15.2  15.5  15.4  15.5  15.2  

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Tunisia Unemployment Chart

Tunisia Unemployment
Note: Unemployment in % of active population.
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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