Current Account to GDP in Tunisia increased to -8.50 percent in 2019 from -11.10 percent in 2018. source: Central Bank of Tunisia

Current Account to GDP in Tunisia averaged -5.21 percent from 1980 until 2019, reaching an all time high of 3.50 percent in 2002 and a record low of -11.60 percent in 1984. This page provides - Tunisia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Tunisia Current Account to GDP - values, historical data and charts - was last updated on June of 2021.

Current Account to GDP in Tunisia is expected to reach -9.10 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tunisia Current Account to GDP is projected to trend around -8.70 percent of GDP in 2022 and -8.50 percent of GDP in 2023, according to our econometric models.

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Tunisia Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-6.90 -8.50 3.50 -11.60 1980 - 2020 percent of GDP Yearly

Tunisia Trade Last Previous Highest Lowest Unit
Balance of Trade -1521.50 -1351.40 -40.30 -2363.60 TND Million [+]
Current Account -1610.70 -1848.80 327.10 -3519.60 TND Million [+]
Current Account to GDP -6.90 -8.50 3.50 -11.60 percent of GDP [+]
Imports 5390.50 5497.90 6293.50 453.80 TND Million [+]
Exports 4039.20 4322.90 4322.90 239.60 TND Million [+]
Capital Flows 3422.40 2824.30 6302.10 -1148.30 TND Million [+]
Tourist Arrivals 2000.00 9500.00 9500.00 2000.00 Thousand [+]
Gold Reserves 6.84 6.84 6.84 6.74 Tonnes [+]
Foreign Direct Investment 1834.40 384.80 3361.30 0.00 TND Million [+]
Crude Oil Production 32.00 35.00 98.00 22.00 BBL/D/1K [+]
External Debt 111122.90 108726.00 111963.20 29166.90 TNT Million [+]
Terms Of Trade 95.20 95.30 110.10 86.40 points [+]
Terrorism Index 3.86 3.94 4.96 0.92 [+]


Tunisia Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.