Unemployment in Tunisia

Tunisia Unemployment | Economic News & Forecasts

Tunisia - Unemployment

After a mild slowdown in the third quarter due mainly to lower oil and chemical production, political gridlock and social unrest are clouding Tunisia’s economic prospects in Q4 and beyond. Amid dwindling foreign reserves, Prime Minister Youssef Chahed has been under significant pressure—notably from the IMF—to slash the country’s fiscal deficit, but is simultaneously facing widespread public protests against austerity and lacks a clear legislative majority. On 13 December, parliament rejected a proposal to raise the retirement age to curb social security spending. However, on 15 December Chahed secured USD 830 million of aid from Saudi Arabia, giving the country a short-term financial lifeline.

Tunisia - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate15.8  15.0  15.2  15.5  15.4  

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Tunisia Unemployment Chart


Tunisia Unemployment
Note: Unemployment in % of active population.
Source: National Institute of Statistics.

Tunisia Facts

ValueChangeDate
Bond Yield7.450.0 %Sep 15
Exchange Rate3.01-0.27 %Jan 14
Stock Market0.10.05 %Jan 01

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