Current Account in Tunisia

Tunisia Current Account | Economic News & Forecasts

Tunisia - Current Account

Strong tourism and a good performance from the agricultural sector likely buttressed growth in Q3, although the large trade deficit remains a key source of concern. Despite having unlocked loans worth USD 747 million from the IMF and the World Bank in recent weeks, on 8 October Moody’s downgraded Tunisia’s outlook to negative, citing the country’s rapidly depleting foreign exchange reserves. In October, the government issued USD 570 million of sovereign bonds, and presented a fairly expansionary draft 2019 budget with one eye on next year’s elections.

Tunisia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-8.4  -9.1  -8.9  -8.8  -11.4  

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Tunisia Current Account Chart

Tunisia Current Account
Note: Current account balance as % of GDP.
Source: Central Bank of Tunisia and Met the why particular calculations.

Tunisia Facts

Bond Yield6.970.0 %Mar 15
Exchange Rate2.92-0.27 %Nov 13
Stock Market0.10.05 %Nov 08

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