Tunisia - Economic Forecasts - 2018-2020 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 0.80 0.6 0.5 0.5 0.5 0.8 percent
Unemployment Rate 15.50 15.4 15.4 15.4 15.4 15.4 percent
Inflation Rate 7.60 5 6.4 5.5 5.8 6 percent
Interest Rate 5.75 5.75 5.75 5.75 5.5 4.75 percent
Balance of Trade -1439.70 -1391 -1413 -1347 -1364 -1215 TNT Million
Government Debt to GDP 69.20 63 63 63 65 67 percent
MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 2.43
2.54 2.65 2.76 2.89 3.43
Stock Market 7161.37
points
7045 6946 6848 6752 6379
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 0.80
percent
0.6 0.5 0.5 0.5 0.8
GDP Annual Growth Rate 2.00
percent
2 2 1.32 2 2.9
GDP 42.10
USD Billion
41.7 41.9 42.1 36.4 34.6
GDP Constant Prices 17899.50
TND Million
17848 17964 18110 18028 19008
Gross Fixed Capital Formation 17336.40
TND Million
17510 17510 17917 17683 18805
GDP per capita 4265.40
USD
4269 4207 4260 4169 4124
GDP per capita PPP 10752.00
USD
10833 10826 10818 11009 11065
GDP From Agriculture 1468.50
TND Million
1525 1500 1490 1530 1564
GDP From Construction 710.90
TND Million
698 698 758 730 795
GDP From Manufacturing 2645.20
TND Million
2712 2767 2717 2762 2852
GDP From Mining 72.80
TND Million
87.57 90.77 94.96 108 99.66
GDP From Services 12985.60
TND Million
12966 13027 13124 13118 13775
GDP From Transport 1340.30
TND Million
1253 1296 1265 1272 1327
GDP From Utilities 190.10
TND Million
192 198 187 190 196
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 15.50
percent
15.4 15.4 15.4 15.4 15.4
Employed Persons 3480.00
Thousand
3470 3470 3470 3470 3470
Population 11.29
Million
11.5 11.5 11.5 11.44 11.93
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 7.60
percent
5 6.4 5.5 5.8 6
Consumer Price Index CPI 145.30
Index Points
145 149 151 153 169
Producer Prices 132.10
Index Points
135 136 139 138 152
Food Inflation 8.70
percent
6.96 6.67 6.5 6.41 6.28
Inflation Rate Mom -1.10
percent
0.21 0.26 0.27 0.32 0.39
Producer Prices Change 5.80
percent
4.61 4.86 4.91 4.85 4.85
CPI Transportation 138.00
Index Points
135 139 140 142 157
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 5.75
percent
5.75 5.75 5.75 5.5 4.75
Money Supply M1 30048.00
TND Thousand
27898 28064 28439 28570 28444
Money Supply M2 70232.00
TND Thousand
68352 66808 66062 66189 67212
Money Supply M3 73569.00
TND Thousand
71531 70039 69411 69633 70544
Central Bank Balance Sheet 24529.00
TNT Million
24610 24553 24529 24500 24193
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -1439.70
TNT Million
-1391 -1413 -1347 -1364 -1215
Exports 3569.90
TNT Million
3064 3023 3053 3045 3046
Imports 5009.60
TNT Million
4455 4436 4424 4410 4261
Current Account -2923.70
TND Million
-2824 -1522 -2738 -1603 -2408
Current Account to GDP -8.90
percent
-6.7 -6.7 -6.7 -6.4 -6
Capital Flows 2772.60
TND Million
2720 1919 2673 1963 2484
Tourist Arrivals 4201.80
5050 4725 4400 4475 4700
Gold Reserves 6.80
Tonnes
6.78 6.78 6.78 6.78 6.78
Foreign Direct Investment 536.20
TND Million
540 618 544 615 560
Terrorism Index 4.62
4.79 4.91 5.03 4.92 5.03
Crude Oil Production 36.00
BBL/D/1K
37.03 37.49 37.95 38.4 42.9
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 69.20
percent
63 63 63 65 67
Government Budget -5.40
percent of GDP
-4.9 -4.89 -4.9 -4.84 -3.9
Government Spending 18400.50
TND Million
18585 18585 19016 18769 19959
Military Expenditure 1027.00
USD Million
1090 1102 1113 1135 1348
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Industrial Production -0.20
percent
0.4 -1.66 -0.91 -0.82 -0.89
Manufacturing Production 2.80
percent
2.27 0.81 1.72 1.33 1.54
Changes in Inventories -775.30
TND Million
449 717 984 850 339
Internet Speed 4447.51
KBps
4592 4523 4591 4529 4568
IP Addresses 2051866.00
IP
1944187 1968477 2011392 1980852 1956592
Mining Production -33.30
percent
9.67 9.91 10.64 10.71 10.75
Competitiveness Index 3.93
Points
3.92 3.92 3.92 3.92 3.92
Competitiveness Rank 95.00
95 95 95 95 95
Ease of Doing Business 88.00
88 88 88 88 88
Corruption Index 42.00
Points
42 42 42 42 42
Corruption Rank 74.00
74 74 74 74 74
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Spending 64484.60
TND Million
65129 65129 66643 65774 69947
Personal Savings 1288.00
TND THO
1303 1306 1306 1306 1300
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 25.00
percent
25 25 25 26 27
Personal Income Tax Rate 35.00
percent
35 35 35 35 35
Sales Tax Rate 18.00
percent
18 18 18 18 18
Social Security Rate 25.75
percent
25.75 25.75 25.75 26 26
Social Security Rate For Companies 16.57
percent
16.57 16.57 16.57 16.57 16.57
Social Security Rate For Employees 9.18
percent
9.18 9.18 9.18 9.18 9.18
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 4.77
mm
14.98 9.16 32.6 31.6 22.56
Temperature 12.29
celsius
22.79 28.58 16.18 12.54 20.46