Current Account in Tunisia
Tunisia - Current AccountThe economy slowed to a three-year low in Q1, after logging an already subdued performance in Q4. The print was only supported by the service sector, thanks largely to strong tourist inflows. On the other hand, agricultural output contracted, owing to a high base effect following last year’s exceptional harvest. The industrial sector also slumped, held back by a further sharp contraction in oil and gas extraction and a decline in several key manufacturing sectors—primarily foodstuff, mechanical and electrical products, and textile. Lastly, the nominal merchandise trade deficit widened year-on-year in the first four months of the year despite a sharper contraction of imports than exports, further weighing on already strained foreign reserves.
Tunisia - Current Account Data
|Current Account (% of GDP)||-8.4||-9.1||-8.9||-8.8||-11.4|
5 years of economic forecasts for more than 30 economic indicators.
Tunisia Current Account Chart
Source: Central Bank of Tunisia and Met the why particular calculations.
|Bond Yield||7.16||0.0 %||Dec 15|
|Exchange Rate||2.97||-0.27 %||Jun 14|
|Stock Market||0.1||0.05 %||Jun 13|
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