Tunisia GDP Annual Growth Rate

Last Release

Dec 31, 2024

Actual

2.4

Units In

1.8

Frequency

Quarterly

Next Release

May 15, 2025

Time to Release

2 Months 24 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
16.2 Jun 2021	-19.8 Jun 2020	2.48 %	2001-2024	National Institute of Statistics - Tunisia

The services sector is the biggest sector of Tunisia's economy, accounting for 64 percent of GDP, namely government services (21 percent), internal trade (10 percent), transport (7 percent) and financial services (25 percent). The industrial sector represents 26 percent of the wealth, including manufacturing (16 percent), construction (4 percent) and oil and natural gas extraction (3 percent). The primary sector accounts for 10 percent of GDP, mainly due to production of olives, wheat, barley, tomatoes, citrus, sugar beets, dates, and almonds. .

Latest Updates

The GDP in Tunisia expanded 2.4% year-on-year in the last three months of 2024, the strongest performance since the third quarter of 2022, compared to a 1.8% gain in the previous period. Faster increases were seen in trade and repair (2.3% vs 1%), transportation and storage (5% vs 1.3%), public administration and defense (1.9% vs 0.3%), agriculture (12.1% vs 10.6%), education (1.9% vs 0.8%), and mining (17.5% vs 1.5%). Domestic demand soared 7.1% (vs 4%) while imports soared 9.7% (vs 4.9%) and exports decreased slightly more (-0.2% vs -0.1%). Year-on-year, the GDP in Tunisia grew 0.9%, the most in three years, compared to a 0.8% gain in Q3. Considering full 2024, the economy expanded 1.4%.