Tunisia
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Economy of Tunisia Tunisia has a diverse economy, with important agricultural, mining, tourism, and manufacturing sectors. Real growth, which averaged almost 5% over the past decade, declined to 4.6% in 2008 and to 3-4% in 2009-10 because of economic contraction and slowing of import demand in Europe - Tunisia's largest export market. Tunisia faced economic difficulties and a series of external shocks following the January 2011 revolution. Due to a challenging international economic environment, as well as regional and domestic tensions, real GDP contracted by 2 percent in 2011, foreign direct investment (FDI) and tourism declined by more than 30 percent year-on-year, and unemployment rose to record levels. However, after the sharp economic decline, real GDP growth picked up to about 3 percent in 2012. The deteriorating current account deficit—caused partly by falling demand from Europe—has been financed by sustained donor financing, strengthened FDI and market access, which helped increase reserves (but to a level still below 2010). Helped by base effects early in the year, tourism and FDI have rebounded (a 34 per cent and 28 per cent y-o-y increase), pushing 2012 overall real GDP growth to 3.6 per cent. The overall unemployment rate improved, narrowing from 18.9 per cent at end-2011 to 16.7 per cent at end-2012, but youth and female unemployment remained high at 33 and 24 per cent, despite new public-sector jobs and the government’s insertion programs for the unemployed. A fragile banking sector, widespread social and economic disparities, and high youth unemployment are key challenges. A higher wage bill and rising subsidies, in response to increasing social demands, drove government spending, contributing to a wider fiscal deficit in 2012. Higher food and fuel prices – triggered mostly by increases in international prices – pushed overall inflation above 5 percent and contributed to further increase in the fiscal and current account deficits. To ease these pressures and to energize the economy, the authorities have designed an economic program, which aims at restoring fiscal space, rebuilding foreign reserves, reducing banking sector vulnerabilities and fostering more inclusive growth.
Essential Information Area: 164,150 sq km Visa Requirements: No visas are required.
Diplomatic representation of Tunis in Switzerland
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Basic indicators
Tunisia: Economic and International trade indicators {arimodule id="804" comment="Tunsia: Economic indicators "}{/arimodule}Source: IMF, CIA factbook.
{mprestriction ids="1,2,3"}
Economic growth
Tunisia: Real GDP growth {arimodule id="805" comment="Tunisia: Real GDP growth "}{/arimodule}Source: IMF
Tunisia: GDP ($ Billion) {arimodule id="806" comment="Tunisia: Nominal GDP ($ Billions)"}{/arimodule}Source: IMF
Tunisia: Gross Domestic Product by economic activity 2010 {arimodule id="809" comment="Tunisia: GDP by kind of economic activity"}{/arimodule}Source: IMF
Tunisia: Current account balance ($ Billions) {arimodule id="807" comment="Tunisia Current account difficit ($ billion)"}{/arimodule}Source: IMF
Tunisia: Total Government Debt (% GDP) {arimodule id="808" comment="Tunisia: Total Govt. Debt (% of GDP)"}{/arimodule}Source: IMF
Ease of Doing Business Rank 2015 {arimodule id="590" comment="Ease of Doing Business Rank 2015"}{/arimodule} Source: World Bank
Foreign Trade and Foreign Investment
Tunisia: Total exports and imports ($ billion) {arimodule id="810" comment="Tunisia: Exports and Imports ($ billion)"}{/arimodule}Source: IMF
Tunisia: Foreign Direct Investment (FDI) {arimodule id="811" comment="Tunisia: FDI ($ million)"}{/arimodule}Source: UNCTAD
Trade between Switzerland and Saudi Arabia
Swiss total Exports to the Arab World by Country 2014: Swiss Francs
{arimodule id="301" comment="Swiss total exports to the Arab world 2014, by country: Swiss Francs"}{/arimodule}
Source of data: Swiss customs
Swiss total Exports to the Arab World 2014: (Portion of total exports)
{arimodule id="300" comment="Swiss total exports to the Arab world 2014: Swiss Francs"}{/arimodule}
Source of data: Swiss customs
Swiss Total Imports from the Arab world by country 2014: Swiss francs
{arimodule id="292" comment="Swiss Imports from the Arab world 2014"}{/arimodule}
Source: Swiss customs
Swiss Total Imports from the Arab world 2014 (Portion of the total imports)
{arimodule id="302" comment="Swiss Total Imports from the Arab world 2014 (Portion)"}{/arimodule}
Source: Swiss customs
Swiss main exports/imports with the Arab world (Million CHF)
{arimodule id="516" comment="Swiss main exports, imports with the Arab world 2014 (Million CHF)"}{/arimodule}
Swiss main exports/imports with Tunisia (Million CHF)
{arimodule id="537" comment="Swiss main exports/imports with Tunisia 2007-2014"}{/arimodule}
Swiss main exports/imports with North Africa (Algeria, Morocco, Tunisia, Libya) 1985-2014 (Million CHF)
{arimodule id="542" comment="Swiss main exports/imports with North Africa 1984-2014"}{/arimodule}
North Africa (Algeria, Morocco, Tunisia, Libya)
Swiss main exports to the Arab world 2014 (CHF)
{arimodule id="544" comment="Swiss main exports to the Arab world 2014 (CHF)"}{/arimodule}
Swiss main Imports from the Arab world 2014
{arimodule id="545" comment="Swiss main imports from the Arab world 2014 (CHF)"}{/arimodule} Source: Swiss customs
Swiss main exports to Tunisia 2012 in Swiss Francs
{arimodule id="584" comment="Swiss main exports to Tunisia 2014 (CHF)"}{/arimodule}
Swiss main imports from Tunisia 2012 in Swiss Francs
{arimodule id="585" comment="Swiss main imports from Tunisia 2014 (CHF)"}{/arimodule}
{/mprestriction}
Swiss Exports to the Arab world by commodity comparaisons between the Arab countries
Swiss Imports from the Arab world by commodity comparaisons between the Arab countries
