Tunisia's Central Government Debt (% of GDP), 1990-2022

Tunisia's Central Government Debt (% of GDP), 1990-2022

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TGM StatBox. (2024). Tunisia's Central Government Debt (% of GDP), 1990-2022. TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Tunisia
Published date: 2024
Note: The Central Government Debt (Percent of GDP) by the International Monetary Fund (IMF) refers to the total debt owed by a country's central government as a percentage of its Gross Domestic Product (GDP).
Key Takeaways
Tunisia's central government debt fluctuated between 47.7% and 54.28% of GDP during the 1990s, reflecting efforts to balance economic growth with public spending. The 2000s saw gradual debt reduction, declining to 42.7% by 2007, as the country benefited from economic liberalization and steady growth.

However, the Arab Spring in 2011 marked a turning point, with debt climbing to 46.97% as political instability and increased public spending strained the economy. By 2020, debt reached 77.62%, driven by slower growth and the COVID-19 pandemic. Despite stabilizing slightly at 79.36% in 2022, Tunisia's debt challenges highlight ongoing fiscal pressures.

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