Country Report Tunisia April 2011

Outlook for 2011-15: Forecast summary

Forecast summary
(% unless otherwise indicated)
 2010a2011b2012b2013b2014b2015b
Real GDP growth3.40.83.33.63.94.1
Industrial production growth7.8c0.03.03.23.33.4
Gross agricultural production growth-7.31.02.52.52.52.5
Unemployment rate (av)13.0c16.615.914.913.513.2
Consumer price inflation (av)4.4c5.34.74.03.53.3
Consumer price inflation (end-period)4.03.63.53.43.43.4
Money market rate4.45.05.55.56.06.0
Government balance (% of GDP)-5.0-9.5-6.5-5.1-4.2-3.9
Exports of goods fob (US$ bn)16.816.017.118.821.326.1
Imports of goods fob (US$ bn)20.322.524.327.030.835.4
Current-account balance (US$ bn)-0.9-5.7-5.9-5.9-6.3-5.6
Current-account balance (% of GDP)-2.4-14.2-13.7-12.6-12.6-10.6
External debt (end-period; US$ bn)21.522.422.522.321.422.9
Exchange rate TD:US$ (av)1.43c1.431.411.381.371.37
Exchange rate TD:US$ (end-period)1.44c1.421.391.421.371.37
Exchange rate TD:€ (av)1.90c1.951.831.691.681.75
Exchange rate TD:€ (end-period)1.95c1.871.761.711.711.77
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Actual.

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