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 0.20 0.4 0.6 0.8 0.23 0.8 percent [+]
Unemployment Rate 15.50 15.62 15.71 15.67 15.66 15.65 percent [+]
Inflation Rate 4.80 4.8 5 5.2 5.1 6 percent [+]
Interest Rate 4.25 4.25 4.25 4 4 3.25 percent [+]
Balance of Trade -1368.30 -1126 -1169 -1161 -1162 -1162 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 2.52 2.3 2.33 2.39 2.37 2.74 [+]
Stock Market 5625.10 5490 5440 5270 5320 4440 points [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.20 0.4 0.6 0.8 0.23 0.8 percent [+]
GDP Annual Growth Rate 1.10 1.6 0.83 2.2 0.71 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 16608.90 16529 16432 16336 16530 17807 TND Million [+]
GDP per capita 4328.54 4387 4385 4383 4395 4564 USD [+]
GDP per capita PPP 10911.25 11110 11103 11097 11145 11899 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 15.50 15.62 15.71 15.67 15.66 15.65 percent [+]
Employed Persons 3436.70 3458 3468 3478 3488 3598 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 4.80 4.8 5 5.2 5.1 6 percent [+]
Consumer Price Index CPI 135.10 136 138 139 140 154 Index Points [+]
Producer Prices 125.80 126 126 126 126 126 Index Points [+]
Food Inflation 5.00 4.62 4.68 4.67 4.67 4.67 percent [+]
Producer Prices Change 2.80 2.79 2.79 2.79 2.79 2.79 percent [+]
Inflation Rate Mom 0.20 0.46 0.37 0.35 0.36 0.36 percent [+]
Cpi Transportation 125.50 126 126 126 126 126 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 4.25 4.25 4.25 4 4 3.25 percent [+]
Money Supply M1 25817.00 26488 26868 27225 27584 31422 TND Thousand [+]
Money Supply M2 62946.00 64411 65331 66233 67140 76879 TND Thousand [+]
Money Supply M3 66231.00 67718 68679 69626 70576 80792 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 -1368.30 -1126 -1169 -1161 -1162 -1162 TNT Million [+]
Exports 2906.02 2613 2676 2651 2661 2659 TNT Million [+]
Imports 4274.30 3761 3904 3840 3875 3865 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 42.00 42 42 42 42 42 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 15115.50 15432 15746 16060 16285 20148 TND Million [+]
Military Expenditure 1078.40 1089 1138 1187 1219 1636 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production -0.20 -1.09 -1.29 -1.22 -1.25 -1.24 percent [+]
Manufacturing Production 0.20 -0.17 -0.2 -0.2 -0.2 -0.2 percent [+]
Changes in Inventories 2113.20 1348 1477 1607 1606 1603 TND Million [+]
Mining Production -3.70 7.21 9.29 9.72 9.87 10.01 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 55855.50 57257 58208 59158 60098 77504 TND Million [+]
Personal Savings 1278.00 1285 1288 1292 1295 1328 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 [+]