Tunisia's Macroeconomic Analysis:
Nominal GDP of USD 48.6 billion in 2023.
Nominal GDP of USD 46.4 billion in 2022.
GDP per capita of USD 3,752 compared to the global average of USD 10,589.
GDP per capita of USD 3,900 compared to the global average of USD 10,589.
Average real GDP growth of 1.1% over the last decade.
Average real GDP growth of 1.5% over the last decade.
Sector Analysis
In 2021, services accounted for 68% of overall GDP, manufacturing 15%, other industrial activity 8%, and agriculture 9%. Looking at GDP by expenditure, private consumption accounted for 74% of GDP in 2021, government consumption 20%, fixed investment 12%, and net exports -6%.International trade
In 2019, manufactured products made up 82% of total merchandise exports, mineral fuels 6%, food 11%, ores and metals 2% and agricultural raw materials 0%, with other categories accounting for -1% of the total. In the same period, manufactured products made up 68% of total merchandise imports, mineral fuels 17%, food 11%, ores and metals 4% and agricultural raw materials 2%, with other goods accounting for -2% of the total. Total exports were worth USD 19 billion in 2022, while total imports were USD 26 billion.The economy recorded average annual growth of 1.5% in the decade to 2022. To read more about GDP growth in Tunisia, go to our dedicated page.
Fiscal policy
Tunisia's fiscal deficit averaged 6.0% of GDP in the decade to 2022. Find out more on our dedicated page.
Unemployment
The unemployment rate averaged 15.9% in the decade to 2022. For more information on Tunisia's unemployment click here.
Inflation
Inflation averaged 5.6% in the decade to 2022. Go to our Tunisia inflation page for extra insight.
Monetary Policy
Tunisia's monetary policy rate ended 2022 at 7.25%, up from 3.75% a decade earlier. See our Tunisia monetary policy page for additional details.
Exchange Rate
From end-2012 to end-2022 the dinar weakened by 48.4% vs the U.S. dollar. For more info on the dinar, click here.
45 indicators covered including both annual and quarterly frequencies.
Consensus Forecasts based on a panel of 17 expert analysts.
Want to get insight on the economic outlook for Tunisia in the coming years? FocusEconomics collects projections out to 2034 on 45 economic indicators for Tunisia from a panel of 17 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts, and averaged to provide one Consensus Forecast you can rely on for each indicator. This means you avoid the risk of relying on out of date, biased or outlier forecasts. Our Consensus Forecasts can be visualized in whichever way best suits your needs, including via interactive online dashboards , direct data delivery and executive-style reports which combine analysts' projections with timely written analysis from our in-house team of economists on the latest developments in the Tunisia economy. To download a sample report on the Tunisia's economy, click here. To get in touch with our team for more information, fill in the form at the bottom of this page.