Countries Tunisia
Tunisia

Tunisia

Africa GEC: TS ISO: TN

Key Economic Indicators

GDP (PPP)
$178.28 billion
GDP Per Capita
$14,521
GDP Growth Rate
1.61%
Inflation Rate
7.21%
Unemployment
15.11%
GDP (Nominal)
$53.41 billion (2024 est.)
Public Debt
62.3% of GDP (2016 est.)
Current Account
$-775,300,123

Economic Overview

lower middle-income North African economy; drafting reforms for foreign lenders; high unemployment, especially for youth and women; hit hard by COVID-19; high public sector wages; high public debt; protectionist austerity measures; key EU trade partner

All Economic Data

Agricultural products
milk, tomatoes, olives, onions, chillies/peppers, watermelons, potatoes, wheat, dates, oranges (2023)
note: <b>note:</b> top ten agricultural products based on tonnage
Average household expenditures
On alcohol and tobacco: 3.3% of household expenditures (2023 est.)
On food: 22.3% of household expenditures (2023 est.)
Budget
Expenditures: $12.375 billion (2019 est.)
Revenues: $10.866 billion (2019 est.)
Currency
code: TND
name: Tunisian dinar (TND) [د.ت]
Current account balance
$-775,300,123
Current account balance 2021: -$2.77 billion (2021 est.)
Current account balance 2022: -$3.969 billion (2022 est.)
Current account balance 2023: -$1.111 billion (2023 est.)
Note: <b>note:</b> balance of payments - net trade and primary/secondary income in current dollars
Debt - external
$40.46 billion
Debt - external 2023: $21.212 billion (2023 est.)
Note: <b>note:</b> present value of external debt in current US dollars
Exchange rates
Currency: Tunisian dinars (TND) per US dollar -
Exchange rates 2020: 2.812 (2020 est.)
Exchange rates 2021: 2.794 (2021 est.)
Exchange rates 2022: 3.104 (2022 est.)
Exchange rates 2023: 3.106 (2023 est.)
Exchange rates 2024: 3.107 (2024 est.)
Exports
$25.67 billion
Exports 2021: $14.054 billion (2021 est.)
Exports 2022: $17.254 billion (2022 est.)
Exports 2023: $19.732 billion (2023 est.)
Note: <b>note:</b> balance of payments - exports of goods and services in current dollars
Exports - commodities
garments, insulated wire, olive oil, refined petroleum, crude petroleum (2023)
note: <b>note:</b> top five export commodities based on value in dollars
Exports - partners
France 22%, Italy 17%, Germany 13%, USA 4%, Libya 4% (2023)
note: <b>note:</b> top five export partners based on percentage share of exports
Foreign direct investment
net inflows: $759.6 million
GDP - composition, by end use
Exports of goods and services: 48.4% (2024 est.)
Government consumption: 18.6% (2024 est.)
Household consumption: 76.2% (2024 est.)
Imports of goods and services: -56.6% (2024 est.)
Investment in fixed capital: 13.4% (2024 est.)
Investment in inventories: 0% (2024 est.)
Note: <b>note:</b> figures may not total 100% due to rounding or gaps in data collection
GDP - composition, by sector of origin
Agriculture: 9.3% (2023 est.)
Industry: 23.6% (2023 est.)
Note: <b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Services: 62.1% (2023 est.)
GDP (official exchange rate)
$53.41 billion (2024 est.)
note: <b>note:</b> data in current dollars at official exchange rate
GDP per capita (nominal)
$4,181
Gini Index coefficient - distribution of family income
32.8 (2015)
Gini Index coefficient - distribution of family income 2021: 33.7 (2021 est.)
Note: <b>note:</b> index (0-100) of income distribution; higher values represent greater inequality
GNI (gross national income)
$50.32 billion
GNI per capita
$3,880
Gross domestic investment
8 % of GDP
Household income or consumption by percentage share
Highest 10%: 27% (2021 est.)
Lowest 10%: 3.1% (2021 est.)
Note: <b>note:</b> % share of income accruing to lowest and highest 10% of population
Imports
$28.9 billion
Imports 2021: $18.178 billion (2021 est.)
Imports 2022: $22.453 billion (2022 est.)
Imports 2023: $21.953 billion (2023 est.)
Note: <b>note:</b> balance of payments - imports of goods and services in current dollars
Imports - commodities
refined petroleum, natural gas, plastic products, cars, plastics (2023)
note: <b>note:</b> top five import commodities based on value in dollars
Imports - partners
Italy 13%, France 12%, China 10%, Russia 8%, Germany 7% (2023)
note: <b>note:</b> top five import partners based on percentage share of imports
Industrial production growth rate
-2.5% (2024 est.)
note: <b>note:</b> annual % change in industrial value added based on constant local currency
Industries
petroleum, mining (particularly phosphate, iron ore), tourism, textiles, footwear, agribusiness, beverages
Inflation rate (consumer prices)
7.21%
Inflation rate (consumer prices) 2022: 8.3% (2022 est.)
Inflation rate (consumer prices) 2023: 9.3% (2023 est.)
Inflation rate (consumer prices) 2024: 7.2% (2024 est.)
Note: <b>note:</b> annual % change based on consumer prices
Labor force
4.247 million (2024 est.)
note: <b>note:</b> number of people ages 15 or older who are employed or seeking work
total: 4.27 million persons
Labor force - by occupation
agriculture: 12.46%
industry: 33.28%
services: 54.26%
Population below poverty line
16.6% (2021 est.)
note: <b>note:</b> % of population with income below national poverty line
Public debt
Public debt 2016: 62.3% of GDP (2016 est.)
Real GDP (purchasing power parity)
$178.28 billion
Note: <b>note:</b> data in 2021 dollars
Real GDP (purchasing power parity) 2022: $153.945 billion (2022 est.)
Real GDP (purchasing power parity) 2023: $154.006 billion (2023 est.)
Real GDP (purchasing power parity) 2024: $156.086 billion (2024 est.)
Real GDP growth rate
1.61%
Note: <b>note:</b> annual GDP % growth based on constant local currency
Real GDP growth rate 2022: 2.7% (2022 est.)
Real GDP growth rate 2023: 0% (2023 est.)
Real GDP growth rate 2024: 1.4% (2024 est.)
Real GDP per capita
$14,521
Note: <b>note:</b> data in 2021 dollars
Real GDP per capita 2022: $12,700 (2022 est.)
Real GDP per capita 2023: $12,600 (2023 est.)
Real GDP per capita 2024: $12,700 (2024 est.)
Remittances
$3.26 billion
Note: <b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2021: 6.3% of GDP (2021 est.)
Remittances 2022: 6.2% of GDP (2022 est.)
Remittances 2023: 6% of GDP (2023 est.)
Reserves of foreign exchange and gold
$9.34 billion
Note: <b>note:</b> holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reserves of foreign exchange and gold 2022: $8.094 billion (2022 est.)
Reserves of foreign exchange and gold 2023: $9.24 billion (2023 est.)
Reserves of foreign exchange and gold 2024: $9.344 billion (2024 est.)
Unemployment rate
15.11%
Note: <b>note:</b> % of labor force seeking employment
Unemployment rate 2022: 15.3% (2022 est.)
Unemployment rate 2023: 15.2% (2023 est.)
Unemployment rate 2024: 16.3% (2024 est.)
Youth unemployment rate (ages 15-24)
Female: 37.6% (2024 est.)
Male: 41.1% (2024 est.)
Note: <b>note:</b> % of labor force ages 15-24 seeking employment
Total: 40.1% (2024 est.)
Map of Tunisia

Economic Rankings

Unemployment Rate #15
External Debt #35
GDP (PPP) #81
Reserves #81
Imports #82
Inflation Rate #84
Exports #85
GDP (Nominal) #89
GDP per Capita #111
Gini Index #124
GDP Growth Rate #164

Quick Facts

Industries
petroleum, mining (particularly phosphate, iron ore), tourism, textiles, footwear, agribusiness, beverages
Agricultural products
milk, tomatoes, olives, onions, chillies/peppers, watermelons, potatoes, wheat, dates, oranges (2023)
Labor force
4.247 million (2024 est.)
Exports - partners
France 22%, Italy 17%, Germany 13%, USA 4%, Libya 4% (2023)
Imports - partners
Italy 13%, France 12%, China 10%, Russia 8%, Germany 7% (2023)
Exchange rates
Tunisian dinars (TND) per US dollar -

Our Partners

Trusted partner applications powering global data and insights