Tunisia's economy advanced by 2.4% from a year earlier in the first quarter of 2022, following a 1.6% rise in the previous period. It was the fourth consecutive quarter of economic expansion, driven by growth in the mining sector (75.1% vs 59.1%), hotels & restaurants (11.2% vs 5.2% in Q4) and agriculture (3.3% vs -4.2%). Within the manufacturing sector, significant increases were recorded in industries such as textile, clothing and leather (10.8% vs 3.8%), agro-food (9.6% vs 2.9%) and mechanical and electrical (4.1% vs -2.6%). Meanwhile, output contracted in the oil and natural gas sector (-9.5% vs 17.4%) and construction (-12.2% vs -3.5%). On a quarterly basis, the GDP grew by 0.7%, slowing from a downwardly revised 0.8% rise in the previous quarter. The government expects the economy to grow 2.6% this year. source: National Institute of Statistics - Tunisia

GDP Annual Growth Rate in Tunisia averaged 2.65 percent from 2001 until 2022, reaching an all time high of 15.70 percent in the second quarter of 2021 and a record low of -18.90 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 June of 2022.

GDP Annual Growth Rate in Tunisia is expected to be 2.30 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 2.30 percent in 2023, according to our econometric models.

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Tunisia GDP Annual Growth Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-03-15 08:00 AM Q4 1.6% 0.4% 3.2%
2022-05-16 08:30 AM Q1 2.4% 1.6% 1.8%
2022-08-17 12:30 PM Q2 2.4%


Related Last Previous Unit Reference
GDP Growth Rate 0.70 0.80 percent Mar 2022
GDP Annual Growth Rate 2.40 1.60 percent Mar 2022
GDP Constant Prices 23382.50 23065.90 TND Million Mar 2022
GDP From Construction 1035.40 1137.70 TND Million Mar 2022
GDP From Agriculture 2216.70 2197.70 TND Million Mar 2022
GDP From Mining 206.40 194.20 TND Million Mar 2022
GDP From Transport 1299.00 1245.80 TND Million Mar 2022
GDP From Utilities 196.30 200.70 TND Million Mar 2021
GDP From Services 12677.70 12624.40 TND Million Mar 2021
GDP From Manufacturing 2658.20 2608.00 TND Million Mar 2021

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. .
Actual Previous Highest Lowest Dates Unit Frequency
2.40 1.60 15.70 -18.90 2001 - 2022 percent Quarterly
2015=100

News Stream
Tunisia GDP Grows Faster in Q1
Tunisia's economy advanced by 2.4% from a year earlier in the first quarter of 2022, following a 1.6% rise in the previous period. It was the fourth consecutive quarter of economic expansion, driven by growth in the mining sector (75.1% vs 59.1%), hotels & restaurants (11.2% vs 5.2% in Q4) and agriculture (3.3% vs -4.2%). Within the manufacturing sector, significant increases were recorded in industries such as textile, clothing and leather (10.8% vs 3.8%), agro-food (9.6% vs 2.9%) and mechanical and electrical (4.1% vs -2.6%). Meanwhile, output contracted in the oil and natural gas sector (-9.5% vs 17.4%) and construction (-12.2% vs -3.5%). On a quarterly basis, the GDP grew by 0.7%, slowing from a downwardly revised 0.8% rise in the previous quarter. The government expects the economy to grow 2.6% this year.
2022-05-16
Tunisia GDP Growth Accelerates in Q4
Tunisia's economy advanced by 1.6% from a year earlier in the fourth quarter of 2021, following an upwardly revised 0.4% rise in the previous period. It was the third consecutive quarter of economic expansion, boosted by the mining sector (78.6% vs 31.4% in Q3) and oil & natural gas extraction (20.6% vs 29.9%). Meanwhile, activity remained sluggish in manufacturing, amid weakness in mechanical and electrical industries (-4.6% vs 1.3%) and textile, clothing and leather industry (-3.9% vs -3.3%). The services sector posted moderate gains, as rises in transportation & warehousing (11.4% vs 3.9%) and hotel, cafe & restaurant services (5.2% vs -14.5%) offset a decline in financial services (-3.7% vs 5.2). However, agricultural activities contracted (-4.2% vs -3.1%). On a quarterly basis, the GDP grew by 1.7%, the most since the Q3 of 2020. In 2021, Tunisia's economy grew 3.1%, with the fast-expanding mining and gas sectors helping it bounce back from an 8.7% contraction in 2020.
2022-03-15
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