Tunisia Economic

Tunisia Economic 

The Tunisian economy expanded 0.8% on a quarterly basis in the last quarter of 2015; this was a slight improvement over Q3’s 0.2% increase. The economy grew 0.8% in 2015, a striking deceleration compared to the 2.9% and 4.1% expansions in 2014 and 2013, respectively. The Tunisian economy has been faced with challenges stemming from instability in neighboring Libya, militant attacks and falling export prices. On 29 February, credit ratings agency Moody’s confirmed the Tunisian’s Ba3 rating. The agency cited international support and the slow but steady progress toward enacting reforms as the basis behind the rating.

Tunisia Economic Growth

Tunisia’s situation is still fragile. Militant groups pose substantial risks to stability and growth, and the population is becoming frustrated with the lack of economic opportunity. FocusEconomics Consensus Forecast panelists expect the economy to grow 2.3% in 2016, which is down 0.1 percentage points from last month’s forecast. Panelists see the economy picking up momentum in 2017 and expanding 3.0%.

In Tunisia, the annual growth rate in GDP measures the change in the value of the goods and services produced by the country economy during the period of a year. This page provides - Tunisia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tunisia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2016. 

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