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Tunisia's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029)

Tunisia's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029)

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TGM StatBox. (2024). Tunisia's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029). TGM StatBox.
Chart Details
Data Source: International Monetary Fund (IMF)
Timeframe: 1990-2023
Country: Tunisia
Published date: 2024
Note: Net lending/borrowing, also referred to as the overall balance, is a measure of a country's fiscal position, expressed as a percentage of its Gross Domestic Product (GDP). According to the International Monetary Fund (IMF), it indicates the difference between government revenues and expenditures, including any borrowing or lending to other sectors.
Key Takeaways
Tunisia’s fiscal history reflects economic and political challenges. Deficits were moderate in the 1990s, averaging around -3%. However, the Arab Spring in 2011 triggered economic disruptions, leading to deficits peaking at -7.0% in 2013.

The COVID-19 pandemic deepened the deficit to -9.0% in 2020. While recovery efforts have reduced the deficit to -6.6% in 2023, projections suggest stabilization around -5.0% by 2029, emphasizing the need for structural reforms to enhance fiscal sustainability.

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