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 Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate 0.70 0.7 0.9 0.9 0.5 0.8 percent
Unemployment Rate 15.30 15.2 15.1 15 14.9 14.6 percent
Inflation Rate 6.90 5.1 5 6.2 5.5 6 percent
Interest Rate 5.00 5 4.75 5 4.75 4.75 percent
Balance of Trade -1211.70 -1200 -1219 -1157 -1131 -844 TNT Million
Government Debt to GDP 60.60 63 63 63 63 67 percent
MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 2.37
2.52 2.62 2.74 2.85 3.37
Stock Market 6591.70
points
6193 6106 6021 5937 5303
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate 0.70
percent
0.7 0.9 0.9 0.5 0.8
GDP Annual Growth Rate 2.10
percent
3 3.4 3.8 1.32 2.9
GDP 42.10
USD Billion
41.62 41.65 41.67 41.7 36.8
GDP Constant Prices 17785.90
TND Million
17883 17931 17962 17979 17959
Gross Fixed Capital Formation 16822.90
TND Million
16917 16946 16974 17003 16610
GDP per capita 4265.40
USD
4281 4275 4270 4264 4192
GDP per capita PPP 10752.00
USD
10780 10768 10756 10744 10547
GDP From Agriculture 1485.50
TND Million
1470 1462 1454 1447 1396
GDP From Construction 690.97
TND Million
699 696 695 694 690
GDP From Manufacturing 2740.00
TND Million
2723 2721 2719 2717 2699
GDP From Mining 89.87
TND Million
94.02 94.43 95.25 95.95 99.43
GDP From Services 12898.20
TND Million
12947 12968 12978 12976 12902
GDP From Transport 1283.50
TND Million
1295 1284 1278 1269 1241
GDP From Utilities 196.20
TND Million
193 192 192 192 190
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 15.30
percent
15.2 15.1 15 14.9 14.6
Employed Persons 3472.20
Thousand
3485 3491 3494 3497 3500
Population 11.29
Million
11.5 11.5 11.5 11.5 11.78
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 6.90
percent
5.1 5 6.2 5.5 6
Consumer Price Index CPI 144.60
Index Points
146 149 150 152 154
Producer Prices 131.60
Index Points
129 127 125 123 114
Food Inflation 7.90
percent
6.96 6.27 5.89 5.67 5.35
Inflation Rate Mom 1.10
percent
0.06 0.14 0.27 0.31 0.39
Producer Prices Change 6.00
percent
4.78 3.99 3.43 3.04 2.16
CPI Transportation 136.20
Index Points
138 142 143 144 142
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 5.00
percent
5 4.75 5 4.75 4.75
Money Supply M1 30347.00
TND Thousand
30379 30359 30343 30328 30150
Money Supply M2 70147.00
TND Thousand
71741 72491 72807 72921 72521
Money Supply M3 73468.00
TND Thousand
75130 75953 76321 76467 76073
Central Bank Balance Sheet 24746.00
TNT Million
24905 24888 24856 24828 24484
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -1211.70
TNT Million
-1200 -1219 -1157 -1131 -844
Exports 3129.50
TNT Million
3237 3212 3203 3193 3061
Imports 4341.20
TNT Million
4471 4476 4454 4443 4281
Current Account -1575.00
TND Million
-2480 -2329 -1895 -2010 -1895
Current Account to GDP -8.90
percent
-6.7 -6.7 -6.89 -6.7 -6
Capital Flows 1955.30
TND Million
1841 1697 1598 1538 1230
Tourist Arrivals 4201.80
5375 5050 4725 4400 4700
Gold Reserves 6.78
Tonnes
6.77 6.77 6.77 6.77 6.77
Terrorism Index 4.62
4.21 4.21 4.22 4.22 2.77
Crude Oil Production 52.00
BBL/D/1K
53.14 53.69 54.21 54.72 58.35
Foreign Direct Investment 647.20
TND Million
593 602 609 607 608
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 60.60
percent
63 63 63 63 67
Government Budget -5.40
percent of GDP
-4.9 -4.9 -4.32 -4.9 -3.9
Government Spending 16548.70
TND Million
16193 16524 16854 17185 18845
Military Expenditure 1027.00
USD Million
1018 1017 1015 1014 937
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Industrial Production -2.40
percent
-0.36 0.23 0.52 0.7 0.99
Manufacturing Production -1.00
percent
1.15 1.55 1.77 1.9 2.12
Changes in Inventories 80.90
TND Million
766 830 895 960 501
Internet Speed 4447.51
KBps
3956 3871 3751 3677 3214
IP Addresses 2051866.00
IP
1951215 1929402 1904718 1880802 1711096
Mining Production -20.50
percent
6.65 11.75 10.77 10.9 10.97
Competitiveness Index 3.93
Points
3.97 3.97 3.97 3.97 4.2
Competitiveness Rank 95.00
91 91 91 91 73
Corruption Index 41.00
Points
40 40 41 41 41
Corruption Rank 75.00
74 74 73 73 66
Ease of Doing Business 88.00
76 78 79 81 74
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Spending 60402.80
TND Million
60760 61823 62885 63948 79174
Personal Savings 1282.00
TND THO
1283 1283 1282 1282 1275
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 25.00
percent
26 26 26 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
26 26 26 26 25
Social Security Rate For Companies 16.57
percent
16.51 16.51 16.51 16.51 16.43
Social Security Rate For Employees 9.18
percent
9.09 9.09 9.09 9.09 8.83
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 4.77
mm
31.54 14.98 9.16 32.6 22.56
Temperature 12.29
celsius
12.52 22.79 28.58 16.18 20.46