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 Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.90 0.4 0.6 0.8 0.65 0.8 percent [+]
Unemployment Rate 15.30 14.96 14.98 14.9 14.98 15.03 percent [+]
Inflation Rate 5.00 4.8 5 5.2 5.1 6 percent [+]
Interest Rate 5.00 4.25 5.1 4 4 3.25 percent [+]
Balance of Trade -1271.70 -1155 -1188 -1183 -1184 -1184 TNT Million [+]
Government Debt to GDP 53.90 53.54 53.68 53.81 54.14 56.02 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 2.40 2.3 2.33 2.39 2.37 2.74 [+]
Stock Market 5715.37 5490 5440 5270 5320 4440 points [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.90 0.4 0.6 0.8 0.65 0.8 percent [+]
GDP Annual Growth Rate 2.10 1.6 1.88 2.2 1.44 2.9 percent [+]
GDP 43.02 44.92 43.41 41.91 41.91 40.09 USD Billion [+]
GDP Constant Prices 17523.80 17781 17905 18033 18033 19561 TND Million [+]
Gross Fixed Capital Formation 16822.90 17083 17345 17608 17627 18656 TND Million [+]
GDP per capita 4272.50 4327 4325 4322 4332 4474 USD [+]
GDP per capita PPP 10769.93 10907 10894 10882 10908 11289 USD [+]
GDP From Agriculture 1441.50 1445 1449 1451 1448 1450 TND Million [+]
GDP From Construction 733.10 716 697 721 713 730 TND Million [+]
GDP From Manufacturing 2629.10 2645 2639 2644 2641 2641 TND Million [+]
GDP From Mining 91.88 91.61 93.96 85.94 90.81 90.21 TND Million [+]
GDP From Services 12699.30 12724 12733 12738 12747 12764 TND Million [+]
GDP From Transport 1223.80 1250 1238 1238 1226 1230 TND Million [+]
GDP From Utilities 180.50 181 182 182 182 182 TND Million [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 15.30 14.96 14.98 14.9 14.98 15.03 percent [+]
Employed Persons 3451.50 3462 3472 3482 3493 3606 Thousand [+]
Population 11.29 11.19 11.22 11.26 11.26 11.75 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 5.00 4.8 5 5.2 5.1 6 percent [+]
Consumer Price Index CPI 136.30 137 139 140 141 156 Index Points [+]
Producer Prices 126.20 126 126 126 126 126 Index Points [+]
Food Inflation 5.20 5.15 5.11 5.11 5.11 5.11 percent [+]
Producer Prices Change 3.70 3.7 3.68 3.68 3.68 3.68 percent [+]
Inflation Rate Mom 0.90 0.51 0.32 0.39 0.38 0.38 percent [+]
Cpi Transportation 125.90 126 126 127 127 127 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 5.00 4.25 5.1 4 4 3.25 percent [+]
Money Supply M1 26125.00 26518 26904 27264 27626 31498 TND Thousand [+]
Money Supply M2 62787.00 64026 64824 65669 66513 75555 TND Thousand [+]
Money Supply M3 66060.00 67340 68178 69066 69953 79461 TND Thousand [+]
Deposit Interest Rate 7.37 7.4 7.56 7.72 7.76 8.05 percent [+]
Central Bank Balance Sheet 23714.00 23047 23327 23320 23291 23293 TNT Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -1271.70 -1155 -1188 -1183 -1184 -1184 TNT Million [+]
Exports 2668.34 2596 2646 2627 2635 2634 TNT Million [+]
Imports 3940.85 3764 3908 3843 3878 3868 TNT Million [+]
Current Account -2241.30 -2462 -1620 -2298 -1837 -2321 TND Million [+]
Current Account to GDP -8.90 -7 -7 -7 -6.7 -6 percent [+]
Capital Flows 2523.90 1468 2701 1605 2463 1986 TND Million [+]
Tourist Arrivals 6069.70 6055 6042 6028 6038 6088 [+]
Gold Reserves 6.78 6.77 6.78 6.78 6.77 6.77 Tonnes [+]
Terrorism Index 4.96 3.78 3.82 3.87 3.77 2.41 [+]
Crude Oil Production 49.00 49.15 49.16 49.16 49.16 49.16 BBL/D/1K [+]
Foreign Direct Investment 678.20 593 603 611 607 608 TND Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 53.90 53.54 53.68 53.81 54.14 56.02 percent [+]
Government Budget -3.70 -5.7 -5.7 -5.7 -4.9 -3.9 percent of GDP [+]
Government Spending 16548.70 17025 17355 17684 17986 22404 TND Million [+]
Military Expenditure 1027.00 1044 1050 1054 1056 1058 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production -0.70 -0.86 -0.76 -0.77 -0.77 -0.78 percent [+]
Manufacturing Production 2.00 0.31 -0.05 -0.16 -0.19 -0.19 percent [+]
Changes in Inventories 80.90 1002 1076 1150 1049 1084 TND Million [+]
Mining Production 8.10 24.44 20.99 21.22 21.24 21.23 percent [+]
Competitiveness Index 3.92 3.9 3.9 3.9 3.93 3.94 Points [+]
Competitiveness Rank 95.00 100 100 100 102 108 [+]
Corruption Index 41.00 40 40 41 40 41 Points [+]
Corruption Rank 75.00 77 76 76 76 77 [+]
Ease of Doing Business 77.00 76 77 77 71 46 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Spending 60402.80 61813 62706 63600 64751 79776 TND Million [+]
Personal Savings 1276.00 1278 1280 1282 1284 1306 TND THO [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 25.00 25.43 25.21 25 25.01 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 25.75 25.74 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 9.18 9.22 9.26 9.26 9.26 percent [+]