Tunisia GDP Annual Growth Rate

Last Release

Jun 30, 2024

Actual

Units In

0.2

Frequency

Quarterly

Next Release

Nov 15, 2024

Time to Release

2 Months 26 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
16.2 Jun 2021	-19.8 Jun 2020	2.49 %	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

Tunisia's economy advanced by 1.0% year-on-year in Q2 2024, following an upwardly revised 0.3% expansion in the preceding three-month period. It marked the fastest pace since the fourth quarter of 2022, mainly boosted by agriculture, forestry & fishing (8.3% vs 2.6% in Q1), production and distribution of electricity and gas (6.9% vs 5.7%), transportation & storage (1.2% vs 0.9%), accommodation and restaurant (8.2% vs 6.7%), and information and communication (2.5% vs 2.5%). For the first half of 2024, the economy grew by 0.6%. According to the National Institute of Statistics, the GDP has not yet reached the level recorded at the end of 2019, before the pandemic. On a quarterly basis, the GDP expanded by 0.2% in Q2 2024, after a 0.6% rise in the previous quarter.