Tunisia GDP Growth Rate by Year (1962–2023)

Tunisia GDP Growth Rate by Year (1962–2023)

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TGM StatBox. (2024). Tunisia GDP Growth Rate by Year (1962–2023). TGM StatBox.
Chart Details
Timeframe: 1961-2023
Country: Tunisia
Published date: 2024
Note:

The GDP growth rate in the context of the World Development Indicators (WDI) refers to the annual percentage increase or decrease in a country's Gross Domestic Product (GDP), adjusted for inflation. The WDI is a comprehensive database maintained by the World Bank that tracks various economic, social, and environmental development indicators across the globe.

Key Takeaways

Tunisia GDP Growth (1962-2023)

Tunisia's economy saw rapid growth in the 1970s, peaking at 17.7% in 1972. Economic challenges in the 1980s brought contractions, with gradual recovery into the 2000s. The 2011 revolution led to a -2.0% contraction, and post-revolution instability continued to affect growth. The pandemic caused an -8.6% contraction in 2020, followed by a 4.6% recovery in 2021. By 2023, growth had slowed to 0.4%, hindered by political and economic challenges.

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