Industry Sector Contribution to GDP in Tunisia (1990-2022)

Industry Sector Contribution to GDP in Tunisia (1990-2022)

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TGM StatBox. (2024). Industry Sector Contribution to GDP in Tunisia (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Tunisia
Published date: 2024
Note: Industry (% of GDP), according to World Development Indicators, measures the contribution of the industrial sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of manufacturing, mining, construction, and utilities, indicating the value generated by industrial activities relative to the overall economy.
Key Takeaways
Tunisia's industry sector contribution to GDP varied significantly from 1990 to 2022, influenced by both domestic and international factors. Starting at 29.8% in 1990, the sector experienced steady growth, peaking at 31.4% in 2008. This growth phase was largely due to Tunisia's investments in manufacturing, especially in textiles, mechanicals, and electrical equipment. However, the 2008 financial crisis and the 2011 revolution caused instability, impacting industrial production and leading to a drop to 24.9% by 2015.

In recent years, Tunisia's industry contribution stabilized around 23%, with minor fluctuations due to ongoing economic reforms and regional instability. By 2022, the sector contributed 23.3% to GDP, underscoring Tunisia's efforts to modernize its industrial base and attract foreign investment. The sector remains a key economic pillar, with initiatives aimed at improving competitiveness in manufacturing and renewable energy.

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