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Indicators of economy in Tunisia

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in Tunisia reached 3.522 US dollars per inhabitant, or 41.62 bn US Dollar in the whole country. Tunisia is therefore currently ranked 90 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Tunisia is in the list of the world's richest countries in place 114.

Inflation in Tunisia was in 2021 at around 5.71%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 69.1% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Tunisia

Impact of the Covid-19 pandemic in 2020

Overall, the gross domestic product in Tunisia in 2020 decreased moderatly from 41.80 billion US Dollar to 41.62 billion US Dollar. Certainly, there have been shifts in some sectors of the economy, but a minus of 0.44% is still comparatively good this year. Numerous countries suffered more substantial losses. The tourism sector alone slumped by around 62 percent. The unemployment rate rose from 15.1 to 16.6 percent. The inflation rate has fallen from 6.7 percent previously to 5.6 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2020

 Tunisia
Total
Tunisia
per capita
EU
Total
EU
per capita
GDP41.62 bn USD3,521.59 USD15,291.93 tn USD29,692.11 USD
Gross national product39.05 bn USD3,304.32 USD15,330.84 tn USD29,767.66 USD


Tunisia ranked 57th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea.

Development of the Gross domestic product in billion US Dollar 1970 - 2020



Im- and Exports 2020

 Tunisia
Total
Tunisia
per capita
EU
Total
EU
per capita
Imports19.51 bn USD1,650.64 USD7,340.01 bn USD14,251.98 USD
Exports16.00 bn USD1,353.77 USD7,939.04 bn USD15,415.11 USD


Development of imports and exports in billion US dollars 1976 - 2020

Exports
Imports



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