The gross domestic product of Tunisia advanced 1.0 percent year-on-year in the third quarter of 2019, slightly below a 1.2 percent growth in the previous period. It was the slowest economic expansion since the first quarter of 2016, hampered by declines in manufacturing (-1.6 percent vs -0.8 percent in Q2) and services (-2.4 percent vs -2.6 percent). In contrast, agriculture & fisheries grew much faster (3.1 percent vs 2.8 percent), amid improved weather conditions. On a quarterly basis, the economy rose 0.2 percent compared to a 0.5 percent advance in the preceding quarter.

GDP Annual Growth Rate in Tunisia averaged 3.15 percent from 2001 until 2019, reaching an all time high of 7.40 percent in the first quarter of 2004 and a record low of -2.20 percent in the third quarter of 2011. This page provides - Tunisia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Annual Growth Rate in Tunisia is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Tunisia to stand at 2.40 in 12 months time. In the long-term, the Tunisia GDP Annual Growth Rate is projected to trend around 2.50 percent in 2021 and 2.60 percent in 2022, according to our econometric models.


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Tunisia GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.20 7.40 -2.20 2001 - 2019 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-02-15 03:40 PM Q4 2.2% 2.8% 2%
2019-05-15 02:30 PM Q1 1.1% 2.1% 2.2%
2019-08-15 03:55 PM Q2 1.2% 1.1% 2.3%
2019-11-15 01:15 PM Q3 1.0% 1.2% 1.4%
2020-02-17 11:00 AM Q4 1.0% 1.7%
2020-05-15 04:00 PM Q1 1.4%
2020-08-14 04:00 PM Q2 2.2%
2020-11-16 04:00 PM Q3 2.0%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Tunisia Economy Grows the Least in Over 3 Years
The gross domestic product of Tunisia advanced 1.0 percent year-on-year in the third quarter of 2019, slightly below a 1.2 percent growth in the previous period. It was the slowest economic expansion since the first quarter of 2016, hampered by declines in manufacturing (-1.6 percent vs -0.8 percent in Q2) and services (-2.4 percent vs -2.6 percent). In contrast, agriculture & fisheries grew much faster (3.1 percent vs 2.8 percent), amid improved weather conditions. On a quarterly basis, the economy rose 0.2 percent compared to a 0.5 percent advance in the preceding quarter.
2019-11-15
Tunisia GDP Annual Growth Rate at 1.2% in Q2
The economy of Tunisia advanced 1.2 percent year-on-year in the second quarter of 2019, little changed from a 1.1 percent growth in the previous period. Output rebounded for agriculture & fisheries (2.8 percent vs -0.7 percent in Q1) while contracted for manufacturing (-0.8 percent vs -0.9 percent) and services (-2.6 percent vs -0.7 percent). On a quarterly basis, the GDP rose 0.5 percent, after an upwardly revised 0.2 percent advance in the previous quarter.
2019-08-15
Tunisia GDP Annual Growth Weakens to 1.1% in Q1
The economy of Tunisia advanced 1.1 percent year-on-year in the first quarter of 2019, slowing from a downwardly revised 2.1 percent growth in the previous period. It was the weakest expansion since Q4 2016, amid contractions in agriculture & fisheries (-0.7 percent vs 8.3 percent in Q4); manufacturing (-0.6 percent vs -0.5 percent) and services (-0.8 percent vs -3.6 percent). On a quarterly basis, the economy grew only 0.1 percent, the same pace as in the previous quarter.
2019-05-15

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. .