Tunisia | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Tunisia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Tunisia economy.


Overview Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Growth Rate 0.10 0.6 0.8 0.3 0.5 0.8 percent [+]
Unemployment Rate 15.30 15.3 15.2 15.1 15 14.6 percent [+]
Inflation Rate 5.70 5 5.2 5.1 5 6 percent [+]
Interest Rate 5.00 5 5.25 5.5 5.5 4.75 percent [+]
Balance of Trade -1440.47 -1222 -1235 -1148 -1126 -868 TNT Million [+]
Government Debt to GDP 60.60 62 62 63 63 67 percent [+]
MARKETS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Currency 2.46 2.39 2.36 2.34 2.31 2.05 [+]
Stock Market 6246.56 6050 5990 5920 5860 5190 points [+]
GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Growth Rate 0.10 0.6 0.8 0.3 0.5 0.8 percent [+]
GDP Annual Growth Rate 1.80 1.9 2.2 1.4 1.4 2.9 percent [+]
GDP 42.10 42.45 42.55 42.36 42.16 40.36 USD Billion [+]
GDP Constant Prices 17674.90 17831 17910 17961 18015 18251 TND Million [+]
Gross Fixed Capital Formation 16822.90 17345 17608 17627 17647 18656 TND Million [+]
GDP per capita 4265.40 4299 4296 4302 4309 4370 USD [+]
GDP per capita PPP 10752.00 10826 10818 10835 10852 11009 USD [+]
GDP From Agriculture 1500.20 1498 1501 1490 1496 1495 TND Million [+]
GDP From Construction 716.10 715 730 725 734 751 TND Million [+]
GDP From Manufacturing 2708.20 2701 2707 2693 2701 2700 TND Million [+]
GDP From Mining 105.41 101 91.59 92.31 95.45 95.63 TND Million [+]
GDP From Services 12860.90 12978 13040 13064 13102 13197 TND Million [+]
GDP From Transport 1247.50 1261 1262 1246 1238 1245 TND Million [+]
GDP From Utilities 186.50 185 185 184 185 185 TND Million [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 15.30 15.3 15.2 15.1 15 14.6 percent [+]
Employed Persons 3458.10 3472 3482 3493 3503 3606 Thousand [+]
Population 11.29 11.5 11.5 11.5 11.5 11.75 Million [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 5.70 5 5.2 5.1 5 6 percent [+]
Consumer Price Index CPI 139.10 139 140 141 141 141 Index Points [+]
Producer Prices 129.60 129 129 129 129 129 Index Points [+]
Food Inflation 5.20 5.52 5.48 5.33 5.28 5.19 percent [+]
Producer Prices Change 4.20 4.69 4.69 4.69 4.69 4.69 percent [+]
Inflation Rate Mom 0.30 0.36 0.42 0.43 0.43 0.43 percent [+]
CPI Transportation 130.60 132 133 134 135 132 Index Points [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 5.00 5 5.25 5.5 5.5 4.75 percent [+]
Money Supply M1 28468.00 28765 29209 29651 30092 34920 TND Thousand [+]
Money Supply M2 66414.00 67301 68007 68291 68392 68089 TND Thousand [+]
Money Supply M3 69764.00 70502 71607 72709 73807 85497 TND Thousand [+]
Deposit Interest Rate 7.37 7.56 7.72 7.76 7.81 8.05 percent [+]
Central Bank Balance Sheet 24187.00 24203 24224 24186 24156 23850 TNT Million [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -1440.47 -1222 -1235 -1148 -1126 -868 TNT Million [+]
Exports 2798.48 2902 2859 2857 2843 2729 TNT Million [+]
Imports 4238.95 4217 4154 4132 4118 3979 TNT Million [+]
Current Account -2491.00 -1563 -2632 -2466 -2385 -2519 TND Million [+]
Current Account to GDP -8.90 -7 -7 -6.7 -6.7 -6 percent [+]
Capital Flows 2525.00 3041 2106 3004 2458 2594 TND Million [+]
Tourist Arrivals 4201.80 4725 4400 4475 4550 4700 [+]
Gold Reserves 6.78 6.78 6.78 6.78 6.78 6.78 Tonnes [+]
Terrorism Index 4.96 3.82 3.87 3.77 3.67 2.41 [+]
Crude Oil Production 51.00 50.71 50.72 50.72 50.72 50.72 BBL/D/1K [+]
Foreign Direct Investment 391.00 532 578 572 579 601 TND Million [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 60.60 62 62 63 63 67 percent [+]
Government Budget -3.70 -5.7 -5.7 -4.9 -4.9 -3.9 percent of GDP [+]
Government Spending 16548.70 17355 17684 17986 18287 22404 TND Million [+]
Military Expenditure 1027.00 1027 1026 1026 1026 1026 USD Million [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Industrial Production -4.20 -1.07 -0.76 -0.77 -0.79 -0.78 percent [+]
Manufacturing Production -2.20 -1.09 -1.05 -1.06 -1.06 -1.06 percent [+]
Changes in Inventories 80.90 1076 1150 1049 949 1084 TND Million [+]
Mining Production 17.30 18.61 21.56 21.17 21.44 21.49 percent [+]
Competitiveness Index 3.92 3.9 3.9 3.92 3.93 3.94 Points [+]
Competitiveness Rank 95.00 100 100 102 102 108 [+]
Corruption Index 41.00 40 41 40 40 41 Points [+]
Corruption Rank 75.00 76 76 76 76 77 [+]
Ease of Doing Business 77.00 77 77 71 65 46 [+]
CONSUMER Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Spending 60402.80 62706 63600 64751 65902 79776 TND Million [+]
Personal Savings 1278.00 1280 1286 1288 1289 1284 TND THO [+]
TAXES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Corporate Tax Rate 25.00 25.21 25 25.01 25.03 25.06 percent [+]
Personal Income Tax Rate 35.00 35 35 35 35 35 percent [+]
Sales Tax Rate 18.00 18 18 18 18 18 percent [+]
Social Security Rate 25.75 25.75 25.74 25.73 25.73 25.73 percent [+]
Social Security Rate For Companies 16.57 16.57 16.57 16.57 16.57 16.57 percent [+]
Social Security Rate For Employees 9.18 9.22 9.26 9.26 9.26 9.26 percent [+]