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Tunisia

Republic of Tunisia

Arabic, French Tunisian Dinar (TND) Mixed: French civil law, Islamic law
AU, Arab League, AfCFTA, WTO

Tunisia is a diversified North African economy with strong manufacturing, tourism, and agricultural sectors. The country has a well-educated workforce and close economic ties to the European Union, particularly France, Italy, and Germany. Tunisia is a major manufacturer of auto parts, electronic components, textiles, and olive oil (world's fourth-largest producer).

The country's proximity to Europe (2 hours by air to major EU cities) and competitive labor costs make it attractive for nearshoring. The offshore sector benefits from a preferential tax regime. The Tunis Stock Exchange (BVMT) is one of North Africa's most active bourses.

Since the 2011 revolution, Tunisia has faced economic challenges including fiscal deficits, high youth unemployment, and political uncertainty. Relations with international lenders (IMF) are complex, with a $1.9 billion loan program stalled over reform conditionality.

Snapshot

Population~12.3 MWorld Bank, 2025
GDP (current USD)$57.5 BWorld Bank, 2025
GDP per Capita$4,657World Bank, 2025
GDP Growth2.49%World Bank, 2025
Inflation (y/y)~5.15%World Bank, 2025
BCT key rate8.00%Central Bank
Unemployment15.11%World Bank, ILO modelled estimate, 2025
Internet Use~76.50%World Bank, 2024
Electrification~100.00%World Bank WDI
CPI Score (Rank)40.0/100 (#87)Transparency Intl
HDI (Rank)0.732 (#97)UNDP HDR
Credit RatingCCC+ (Fitch) / Caa2 (Moody's)S&P / Moody's / Fitch
MarketTunis Stock Exchange (BVMT)

World Bank Indicators Compare with another country

GDP (current USD)$57.5 BWorld Bank, 2025
GDP growth (annual)2.49%World Bank, 2025
GDP per capita (USD)$4,657World Bank, 2025
Population, total12.3 MWorld Bank, 2025
FDI net inflows (USD)$759.6 MWorld Bank, 2024
Inflation (consumer prices)5.15%World Bank, 2025
Unemployment (% labour force)15.11%World Bank, 2025
Internet use (% of people)76.50%World Bank, 2024
Trade (% of GDP)101.45%World Bank, 2025

Country Facts

CapitalTunis
RegionNorth Africa
CurrencyTunisian Dinar (TND)
FX RegimeManaged float
Stock ExchangeTunis Stock Exchange (BVMT)
Investment Promotion AgencyForeign Investment Promotion Agency (FIPA)
Legal SystemMixed: French civil law, Islamic law
Time ZoneAfrica/Tunis

Focus Sectors

Manufacturing (textiles
auto parts
electronics)
Tourism
Agriculture (olive oil
dates)
Phosphates
Energy
Financial Services
ICT
Aeronautics
Healthcare
Education

Regulations & Taxes

Corporate Income Tax15% standard (25% for banks/telecom/energy)
VAT / Sales Tax19% standard (13% and 7% reduced)

Recent Deals (6)

View All Deals
AcquisitionJan 2023
$680M

InstaDeep

Lead: BioNTech

AcquisitionJan 2023
$680M

InstaDeep

Lead: BioNTech

Series ASep 2022
$8M

Gomycode

SeedJun 2022
$500K

Wattnow

Series BJul 2021
$20M

Expensya

Lead: MAIF Avenir

SeedMar 2020
$2M

Gomycode