Tunisia has preserved macroeconomic stability and initiated fiscal and banking reforms, amidst a challenging political and external environment. Tunisia offers a functional and stable democracy, young and literate population, and a government supportive of reforms. The authorities five-year economic vision 2016-2020 aims at promoting stronger and inclusive growth and includes five pillars—of which the main driver is private sector development: effective public institutions; economic diversification; human development and social inclusion; regional development; and green economic growth. Macroeconomic stabilization—including fiscal consolidation, improved budget composition, and reduced external imbalances through larger exports and FDI—is considered a prerequisite for growth.
| Key Indicators | |
| Population, millions | 11.2 |
| GDP per Capita, U.S. dollars | 3730 |
| GDP Growth, percent
| 1.0 |
| Inflation, end of period, percent | 4.2 |
| General Government Debt, percent | 60.2 |
| Global Competitiveness Ranking 2016-17 | 95 |
| Doing Business Ranking, 2017 | 77 |
| *Figures are for the period 2016, unless otherwise indicated. | |
Partner Websites
Tunisia and the AfDB
Tunisia and the IMF; IMF
Technical Assistance Center
Tunisia
and the WBG
Automotive
Sector
Strengths
-
An average annual growth of 12% over the last decade
-
More than €2 billion of exported auto spare parts
-
Among the 10 providers of Europe for electrical wiring
systems
-
Only country in Africa with local countries established world
wide
-
Different stages of value chain covered by Tunisian companies
(40% local content)
-
Experienced and highly adaptable workforce
-
Geographic proximity and fast delivery times
- Consortium of equipment manufacturers within the Tunisian Automotive Association
Infrastructure
Main Infrastructure
-
9 international airports
-
7 commercial seaports and 1 oil terminal
-
Developed network of roads and highways
-
About 152 industrial zones and 2 parks for economic
activities
- 12 completivity clusters
- 15 cyber parks for different specialties
Aerospace
Industry
Strengths
-
More than 80 companies set up in 4 industrial clusters
-
Presence in the entire supply chain: high precision cutting and
machining
- High value-added activities: software and hardware engineering
- Integrated industrial platform dedicated to aeronautics
- Consortium of companies with activities related to aerospace industry within Tunisian Aerospace Association Industries
ICT
Strengths
-
Multiskilled human resources
-
The highest concentration of researchers among Arab and African
countries
-
A performing infrastructure offer
-
The biggest data center in Africa “dataxion” is based in
Tunisia
-
Tunisia is the first Arab and African Country in terms of
innovation (2018 Bloomberg Innovaon Index)
-
Tunisia is the 7th best city around the world to launch a start-up
-
A favourable legal and fiscal framework
Agribusiness
Strengths
-
The first worldwide exporter of dates
-
The second African exporter of organic products
-
Six medals in the Los Angeles International Extra Virgin Olive
Oil competition 2018, including 4 goals
-
The only African country having received the recognition of
equivalence with the EU and Switzerland pertaining to organic
agriculture
-
Africa’s 2nd Largest Exporter of Organic Products
-
Booming organic production
-
Quality products, natural taste and flavor
-
Synergy between research centers and companies
-
Financial and tax incentives in favor of the sector
Renewable
energy
Strengths
-
A well defined energy strategy by 2030
-
Intensifying energy efficiency promotion in all sectors with the
aim to decrease primary energy demand by 2030 of 30% compared to
the baseline
-
Legal framework: Law no 12 of May 11, 2015 on the production of
electricity from renewable energies
-
Tunisia is committed (COP 21) to produce 2250 MW of electricity
from renewable energy by 2030
-
Priority sector under the new investment law
