Tunisia's economy advanced by 0.3% from a year earlier in the third quarter of 2021, following a record 16.2 percent jump in the previous period. It was the second consecutive quarter of economic expansion, although at a much softer pace. Strong growth rates recorded for mining (28.9%) and oil & gas extraction (29.9%) were partly offset by a marked decline in hotels, restaurants and cafés (-13.1 percent). Output also fell for textile, clothing, leather and footwear sectors (-2.5%), building materials and ceramics industries (-4.5%) and the agri-food industries sector (-2.2%). On a quarterly basis, the GDP grew by 0.7%. source: National Institute of Statistics - Tunisia

GDP Annual Growth Rate in Tunisia averaged 2.65 percent from 2001 until 2021, reaching an all time high of 16.20 percent in the second quarter of 2021 and a record low of -19.80 percent in the second quarter of 2020. This page provides - Tunisia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tunisia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

GDP Annual Growth Rate in Tunisia is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tunisia GDP Annual Growth Rate is projected to trend around 2.60 percent in 2022 and 2.30 percent in 2023, according to our econometric models.

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Tunisia GDP Annual Growth Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-08-17 12:30 PM Q2 16.2% -1.7% 16%
2021-11-15 11:10 AM Q3 0.3% 16.2% 5%
2022-02-15 02:00 PM Q4


Related Last Previous Unit Reference
GDP Growth Rate 0.70 -2.00 percent Sep/21
GDP Annual Growth Rate 0.30 16.20 percent Sep/21
GDP Constant Prices 22457.90 22268.00 TND Million Sep/21
GDP From Construction 955.90 998.00 TND Million Sep/21
GDP From Agriculture 2200.60 2145.10 TND Million Sep/21
GDP From Mining 155.20 144.30 TND Million Sep/21
GDP From Transport 1042.10 884.90 TND Million Sep/21
GDP From Utilities 196.30 200.70 TND Million Mar/21
GDP From Services 12677.70 12624.40 TND Million Mar/21
GDP From Manufacturing 2658.20 2608.00 TND Million Mar/21

News Stream
Tunisia GDP Growth Slows Sharply in Q3
Tunisia's economy advanced by 0.3% from a year earlier in the third quarter of 2021, following a record 16.2 percent jump in the previous period. It was the second consecutive quarter of economic expansion, although at a much softer pace. Strong growth rates recorded for mining (28.9%) and oil & gas extraction (29.9%) were partly offset by a marked decline in hotels, restaurants and cafés (-13.1 percent). Output also fell for textile, clothing, leather and footwear sectors (-2.5%), building materials and ceramics industries (-4.5%) and the agri-food industries sector (-2.2%). On a quarterly basis, the GDP grew by 0.7%.
2021-11-15
Tunisia GDP Rebounds at Record Pace in Q2
Tunisia's economy expanded 16.2% from a year earlier in the second quarter of 2021, following a revised 1.7% decline in the previous period. It was the first expansion in GDP after 5 consecutive quarters of contraction and the highest growth since at least 2001 mainly due to a base effect induced by the slowdown in activity in spring 2020 following the containment measures. Positive contributions came from hotels, cafes & restaurant services (104.7% vs -26.5% in Q1); information & communication (21.2% vs -2.1%); financial services (9.5% vs -2.6%); health services (17.3% vs -1.3%); mining (24.1% vs -33.5%); trade (18.6% vs -0.9%) and transport services (22.9% vs -12.8%). On the other hand, the agricultural sector fell further (-4.7% vs -6.9%) amid persistent drought conditions. On a quarterly basis, the GDP contracted 2.0%, after virtually stagnating at the start of 2021.
2021-08-17
Tunisia GDP Keeps Falling in Q1
Tunisia's economy shrank 3 percent from a year earlier in the first quarter of 2021, following a 6.1 percent decline in the previous period. It was the fifth consecutive quarter of declines in economic activity, mainly due to the lingering adverse impact of the Covid-19 on the country's key tourism sector (-30.4 percent vs -49.1 percent in Q4). Other significant declines were recorded in mining (-31.9 percent vs -34 percent); transport services (-13.2 percent vs -23 percent); agriculture & fishing (-6.7 percent vs 4.5 percent) and financial services (-2.7 percent vs 4.2 percent). Meanwhile, the manufacturing sector contracted much less (-0.3 percent vs -4.5 percent). At the same time, activity rebounded strongly in oil & gas extraction (23.1 percent vs -0.3 percent) and construction (10.4 percent vs -1.3 percent). On a quarterly basis, the GDP rose 0.1 percent, following a 0.3 percent decrease in the previous quarter.
2021-05-17

Tunisia GDP Annual Growth Rate
The services sector is the biggest sector of Tunisia's economy, accounting for 64 percent of GDP, namely government services (21 percent), internal trade (10 percent), transport (7 percent) and financial services (25 percent). The industrial sector represents 26 percent of the wealth, including manufacturing (16 percent), construction (4 percent) and oil and natural gas extraction (3 percent). The primary sector accounts for 10 percent of GDP, mainly due to production of olives, wheat, barley, tomatoes, citrus, sugar beets, dates, and almonds. .