Search

Tunisia’s Economy Expands as Debt Pressures Mount

© Unsplash
  • Quarterly growth reaches 2.4%, lifting annual GDP expansion to 1.4%
  • Agriculture and manufacturing drive growth, but external debt and trade imbalances persist

Tunisia closed 2024 on a stronger economic footing, with growth picking up pace in the final quarter despite lingering fiscal strains. The economy expanded by 2.4% in the fourth quarter compared to a year earlier, bringing full-year GDP growth to 1.4%, according to data released Saturday by the country’s statistics office. Quarter-on-quarter, economic activity rose 0.9% from the third quarter, marking the strongest performance of the year.

Recent Business

Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Dangote Cement’s $1bn Africa expansion signals major infrastructure bet
Read More »
Solar farm. Photo by Michael Förtsch @ Unsplash
Vantage Capital invests $40mn into South Africa’s SolarAfrica portfolio
Read More »
Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
Nigeria targets cheaper African cross-border payments with Fintech push
Read More »

Recent Politics

Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »

Latest Posts

Latest news insights