Economy of Tunisia
Population: 11.57 M (2018)
GDP per Capita: 3,448 USD (2018)
39,870 M.

GDP USD

(2018)

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19,500 M.

EXPORTS USD

(2018)

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24,740 M.

IMPORTS USD

(2018)

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76.70 %

PUBLIC DEBT

(2018)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 2.48 % (2018)
GDP of 2010 USD USD 50.90 B. (2018)
GDP Current USD USD 39.87 B. (2018)
GDP per Capita Current USD USD 3,448 (2018)
GDP per capita, PPP USD 11,094 (2018)
GDP per Capita, 2010 USD USD 4,401 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 20.60 % (2018)
Government Spending USD 8.21 B. (2018)
Government Debt % GDP 76.70 % (2018)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 119.23 (2018)
Trade Openness 110.96 % (2018)
Exports of Goods and Services % GDP 48.92 % (2018)
Exports Goods & Services USD 19.50 B. (2018)
Exports Annual Growth 6.66 % (2013)
Imports as % GDP 62.04 % (2018)
Total Imports USD 24.74 B. (2018)
Foreign Direct Investment % GDP 2.48 % (2018)
Foreign Direct Investment USD 0.99 B. (2018)
Current Account Balance % GDP USD -11.11 % (2018)
Current Account Balance USD -4.43 B. (2018)
Trade Balance % GDP -13.12 % (2018)
Trade Balance USD -5.23 B. (2018)
Foreign Exchange Reserves incl Gold USD 5.66 B. (2018)
Remittances % GDP 4.77 % (2018)
Remittances USD 1,508 M. (2018)
Balance of Payments USD 577 M. (2018)

Labor Market

Indicator Value
Labor Force 4.10 M. (2019)
Unemployment Rate 15.51 % (2019)
Unemployment Rate Females 23.41 % (2019)
Unemployment Rate Males 13.38 % (2019)
Youth Unemployment (ages 15-24) 34.81 % (2019)
Labor Force Participation Rate 46.26 % (2019)
Labor Force (Percent Female) 26.32 % (2019)
Female Labor Force Participation Rate 23.91 % (2019)
Male Labor Force Participation Rate 69.65 % (2019)
Dependent People 48.12 % (2018)

Agriculture Sector

Indicator Value
Forest Area 6.80 % (2016)
Forest Area km² 10,512 km² (2016)
Agricultural Land 64.84 % (2016)
Agricultural Land km² 100,730 km² (2016)
Employment 15.04 % (2019)
Value added % GDP 10.37 % (2018)
Agriculture Value added USD 4.13 B. (2018)
Crop Production Index 112.40 (2016)
Precipitation 207 mm (2014)
Arable Land 19 % (2016)
Cereal Yield 1,533 kg/hectare (2017)
Food production index 118 (2016)
Rural Population 31 % (2018)
Fertilizer use of Arable Land 59 kg/hectare (2016)
Livestock Production Index 131 (2016)
Economy of Tunisia

According to the World Bank and its latest published data, the economy of the Tunisia presents a growth rate of 2.48 % (2018) to the previous year.

With a population that reaches 11.57 M (2018) and a gross domestic product of USD 39.87 B. (2018), it translates a Gross Domestic Product per Capita of USD 3,448 placing its inhabitants on the threshold of an Lower middle income country (according to the World Bank's updated classification).

Tunisia also has a workforce of 4.10 M. (2019) with an unemployment rate of 15.51 % (2019), where women represent 23.41 % (2019) and men 13.38 % (2019), the unemployment rate for young people between 15-24 years old stood at 34.81 % (2019). The total number of dependent people stands at 48.12 % (2018).

The central government spent 20.60 % (2018) of its gross domestic product that year, which in absolute terms is USD 8.21 B. (2018). Its consolidated public debt reached 76.70 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Tunisia exported USD 19.50 B. (2018), which represents 48.92 % (2018) of its gross domestic product, in that same sense its imports reached USD 24.74 B. (2018) with a direct foreign investment of USD 0.99 B. (2018).

Tunisia has a forest area of 10,512 km² (2016), which represents 6.80 % (2016) of its total area, an average rainfall of 207 mm (2014) per year and a population of 31 % (2018) living in rural areas. With a total area of 100,730 km² (2016) available for agriculture and 15.04 % (2019) of its employments, the agricultural sector contributes to the economy of the Tunisia about USD 4.13 B. (2018) (10.37 % (2018) of its GDP).