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 Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate 0.60 0.9 0.5 0.8 0.8 0.8 percent
Unemployment Rate 15.40 15.1 15.1 15.1 15.1 15.1 percent
Inflation Rate 7.50 7.4 7.2 7 6.8 6 percent
Interest Rate 6.75 6.75 6.75 7.25 7.25 4.75 percent
Balance of Trade -2213.90 -1412 -1436 -1439 -1437 -1438 TNT Million
Government Debt to GDP 69.20 63 63 65 65 67 percent
MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 2.77
 2.78 2.81 2.84 2.87 2.99
Stock Market 7924.17
points		 8380 8332 8285 8237 8051
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate 0.60
percent		 0.9 0.5 0.8 0.8 0.8
GDP Annual Growth Rate 2.80
percent		 2.3 2 2.1 2 2.9
GDP 40.26
USD Billion		 45 45 49 49 54
GDP Constant Prices 18065.30
TND Million		 18008 18257 18445 18427 19219
Gross Fixed Capital Formation 17336.40
TND Million		 17536 17683 17700 17683 18614
GDP per capita 4303.96
USD		 4207 4335 4169 4169 4416
GDP per capita PPP 10849.30
USD		 10902 10926 11009 11009 11130
GDP From Agriculture 1640.30
TND Million		 1493 1498 1675 1673 1577
GDP From Construction 682.40
TND Million		 699 725 697 696 763
GDP From Manufacturing 2721.20
TND Million		 2753 2698 2778 2776 2840
GDP From Mining 61.70
TND Million		 85.67 74.26 63 62.93 78.17
GDP From Services 13190.50
TND Million		 13063 13245 13468 13454 13943
GDP From Transport 1350.60
TND Million		 1365 1367 1379 1378 1439
GDP From Utilities 193.50
TND Million		 200 194 198 197 204
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 15.40
percent		 15.1 15.1 15.1 15.1 15.1
Employed Persons 3497.70
Thousand		 3508 3519 3530 3540 3644
Population 11.44
Million		 11.5 11.5 11.61 11.65 11.99
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 7.50
percent		 7.4 7.2 7 6.8 6
Consumer Price Index CPI 149.50
Index Points		 150 153 155 158 172
Producer Prices 139.00
Index Points		 140 142 145 149 163
Food Inflation 7.00
percent		 6.85 7.19 7.16 7.15 7.16
Inflation Rate Mom 0.30
percent		 0.33 0.38 0.39 0.38 0.39
Import Prices 161.70
Index Points		 161 161 161 161 161
Cpi Housing Utilities 144.80
Index Points		 146 147 150 152 172
CPI Transportation 146.50
Index Points		 141 142 148 150 160
Export Prices 167.20
Index Points		 167 167 167 167 167
Producer Prices Change 7.90
percent		 7.8 7.6 7.5 7.5 7.17
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 6.75
percent		 6.75 6.75 7.25 7.25 4.75
Money Supply M1 31374.00
TND Thousand		 31694 32317 32925 33530 39452
Money Supply M2 72975.00
TND Thousand		 74065 75503 76968 78426 92728
Money Supply M3 76270.00
TND Thousand		 77408 78856 80339 81817 96310
Central Bank Balance Sheet 27181.00
TNT Million		 26789 26652 26646 26647 26648
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -2213.90
TNT Million		 -1412 -1436 -1439 -1437 -1438
Exports 2778.70
TNT Million		 3407 3407 3410 3409 3409
Imports 4992.60
TNT Million		 4819 4841 4849 4847 4847
Current Account -2923.70
TND Million		 -2377 -2377 -2377 -2377 -2377
Current Account to GDP -10.40
percent		 -6.7 -6.7 -6.4 -6.4 -6
Capital Flows 2772.60
TND Million		 2273 2252 2253 2254 2253
Tourist Arrivals 4201.80
Thousand		 4975 5000 5075 5150 4900
Gold Reserves 6.80
Tonnes		 6.79 6.79 6.79 6.79 6.79
Foreign Direct Investment 536.20
TND Million		 602 599 603 605 607
Terms Of Trade 103.40
Index Points		 104 104 104 104 104
Terrorism Index 4.62
 4.91 5.03 4.92 4.82 5.03
Crude Oil Production 39.00
BBL/D/1K		 38.3 38.21 38.19 38.19 38.19
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 69.20
percent		 63 63 65 65 67
Government Budget -5.30
percent of GDP		 -4.63 -4.9 -4.52 -4.63 -3.9
Government Spending 18400.50
TND Million		 18612 18769 18787 18769 19757
Military Expenditure 899.30
USD Million		 869 835 823 812 779
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Industrial Production -0.20
percent		 -1.07 -1.34 -1.26 -1.27 -1.27
Manufacturing Production 1.00
percent		 0.77 0.79 0.79 0.78 0.79
Changes in Inventories -775.30
TND Million		 717 984 850 716 339
Internet Speed 4447.51
KBps		 4523 4591 4529 4585 4568
IP Addresses 2051866.00
IP		 1968477 2011392 1980852 1948130 1956592
Mining Production 14.00
percent		 10.59 11.56 12.58 12.9 13.01
Competitiveness Index 3.93
Points		 3.93 3.93 3.95 3.95 4.03
Competitiveness Rank 95.00
 91 91 90 90 73
Corruption Index 42.00
Points		 41 41 40 40 42
Corruption Rank 74.00
 75 75 75 75 74
Ease of Doing Business 88.00
 69 64 63 61 37
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 64484.60
TND Million		 65226 65774 65839 65774 69238
Personal Savings 1296.00
TND THO		 1298 1301 1304 1307 1336
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Corporate Tax Rate 25.00
percent		 25 25 25 25 25
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		 25.75 25.75 26 26 26
Social Security Rate For Companies 16.57
percent		 16.57 16.57 16.57 16.57 16.57
Social Security Rate For Employees 9.18
percent		 9.11 9.11 9.21 9.24 9.24
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 4.77
mm		 9.16 32.6 31.6 22.82 22.56
Temperature 12.29
celsius		 28.58 16.18 12.54 27.04 20.46