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Tunisia Economic Outlook

After stagnating at 1% in 2015 and 2016, economic growth increase to an estimated 2.2% in 2017, due to the good performance in the third quarter of 2017 (1.9% year on year). GDP is projected to grow 2.8% in 2018 and 3.5% in 2019, subject to an acceleration of structural reforms,  a strong upswing in the industrial sector to meet external demand, and the easing of the cyclical nature of agricultural growth. Achieving these rates depends on the country’s ability to consolidate and sustain the growth of the real economy that began in 2017, particularly in the manufacturing and non-manufacturing industries of phosphate, oil, and gas, as well as market services.

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Key Facts

Capital: Tunis
Area: 163,610 sq km
Total Population 2017: 11.5 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 41.6 Billion
GNI Per Capita 2015: US$ 3,970
Inflation Rate: 2.19%
Crude Birth Rate (per 1000): 17.30%
Human Development Index (rank / 188): 97
Human Development Index (scale 0 to 1): 0.725
Membership Date: 29/10/1964
Cumulative Approvals (1967-2016): UA 6.3 Billion

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Regional Development, Integration and Business Delivery Office (RDIB)

Director General, Mr. Mohamed El Azizi

Resident Representative, Mrs. Yacine Fal

African Development Bank Group
Immeuble Zahrabed
Avenue du Dollar, Les Berges Du Lac II, Tunis 1053, Tunisia

Tel: (+216) 71102953
Fax: (+216) 71194523

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