Tunisia GDP Annual Growth Rate

Last Release

Jun 30, 2024

Actual

Units In

0.2

Frequency

Quarterly

Next Release

Nov 18, 2024

Time to Release

2 Days 15 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 grew by 1.8% year-on-year in Q3 2024, up from a 1% expansion in the preceding three-month period, marking the highest growth since Q3 2022. Growth accelerated for agriculture, forestry & fishing (10.6% vs 8.3% in Q2) and rebounded for textile, clothing and leather industry (0.2% vs -7.1%), mining & quarrying (0.5% vs -2.5%), mechanical & electrical industries (2.8% vs -0.12%) and trade & repair services (1% vs -0.2%). On a quarterly basis, the GDP expanded by 0.8% in Q3 2024, after a 0.2% rise in the previous quarter, marking the highest quarter-on-quarter growth in almost 3 years.