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 1.00 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 7.80 7.8 7.7 7.9 7.9 6 percent
Interest Rate 6.75 5.75 5.75 7.25 7.25 4.75 percent
Balance of Trade -1540.40 -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 2.63
2.72 2.81 2.91 3.01 3.45
Stock Market 8163.49
points
7934 7801 7671 7543 7052
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate 1.00
percent
0.9 0.5 0.8 0.8 0.8
GDP Annual Growth Rate 2.50
percent
2.3 2 2.1 2 2.9
GDP 40.26
USD Billion
45 45 49 49 54
GDP Constant Prices 17899.50
TND Million
18008 18257 18275 18029 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 1468.50
TND Million
1493 1498 1499 1523 1577
GDP From Construction 710.90
TND Million
699 725 726 705 763
GDP From Manufacturing 2645.20
TND Million
2753 2698 2701 2720 2840
GDP From Mining 72.80
TND Million
85.67 74.26 74.33 83.33 78.17
GDP From Services 12985.60
TND Million
13063 13245 13258 13098 13943
GDP From Transport 1340.30
TND Million
1365 1367 1368 1330 1439
GDP From Utilities 190.10
TND Million
200 194 194 196 204
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 3491.90
Thousand
3513 3524 3535 3546 3652
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 7.80
percent
7.8 7.7 7.9 7.9 6
Consumer Price Index CPI 148.10
Index Points
151 154 157 160 173
Producer Prices 136.20
Index Points
139 142 145 148 163
Food Inflation 8.60
percent
8.35 8.46 8.43 8.44 8.44
Inflation Rate Mom 0.50
percent
0.09 0.2 0.36 0.33 0.44
Import Prices 161.70
Index Points
161 161 161 161 161
Cpi Housing Utilities 141.90
Index Points
143 145 147 148 164
CPI Transportation 140.30
Index Points
141 143 149 151 160
Export Prices 167.20
Index Points
167 167 167 167 167
Producer Prices Change 7.20
percent
7.17 7.17 7.17 7.17 7.17
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 6.75
percent
5.75 5.75 7.25 7.25 4.75
Money Supply M1 30338.00
TND Thousand
31402 31976 32545 33111 38658
Money Supply M2 71764.00
TND Thousand
74183 75690 77185 78677 93310
Money Supply M3 75186.00
TND Thousand
77670 79225 80770 82312 97446
Central Bank Balance Sheet 26246.00
TNT Million
25718 25810 25787 25790 25790
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -1540.40
TNT Million
-1412 -1436 -1439 -1437 -1438
Exports 3338.20
TNT Million
3407 3407 3410 3409 3409
Imports 4878.60
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
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 31.00
BBL/D/1K
31.6 31.63 31.63 31.64 31.64
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 -0.10
percent
-1.07 -1.34 -1.26 -1.27 -1.27
Manufacturing Production 0.30
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 -2.50
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 1297.00
TND THO
1303 1307 1310 1314 1349
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