Who Owns Whom

Tunisia

Country Code: 788

ISO2 Code: TN

ISO3 Code: TUN

Country Economic Snapshot

2023-11-08

Tunisia is a country in north Africa bounded by Algeria to the west and southwest, Libya to the southeast, and the Mediterranean Sea to the east and north. It has a land mass of 163,610km², a coastline of 1,148km and is 70km away from the southern Italian islands. It has a population of 12.3 million people and a GDP of US$46.7bn.

Internal constraints, such as the fragmentation of the political party system and related difficulties in reaching consensus on key economic reforms, have combined with external constraints, such as conflict in neighbouring Libya, to slow down economic recovery and generate growing social dissatisfaction among Tunisians with the lack of employment. Youth and women have been particularly affected, as Tunisia is one of the few countries in the world where a higher level of education decreases employability, in particular for women. Youth and women in inland areas are affected the most, and the resulting emigration of youth poses a threat to Tunisia's long-term prospects of economic competitiveness.

After a 4.4% rebound in 2021 following a sharp 8.8% contraction in 2020, Tunisia's economy slowed in 2022 with real GDP growing by 2.5%. Services grew 4% and contributed 2.4 percentage points to annual GDP growth, driven by tourism and transport. Hotels and restaurant services and transport continued the post-pandemic recovery. The manufacturing sector grew by 5% in 2022, contributing 0.7 percentage points, dominated by the mechanical and electrical industries. In contrast to 2021, when there was a contraction, agriculture contributed 0.2 percentage points to growth. The mining, energy, and non-manufacturing sectors (electricity, water, and construction) contributed negatively (–0.9 percentage points).
Real GDP is projected to grow 1.9% in 2023 and 2.8% in 2024, driven by manufacturing and services. Inflation is projected to rise to 9.2% in 2023 before falling to 6.8% in 2024, assuming prudent monetary policy and easing external inflationary pressure. A National Reform Program was launched in 2022 to strengthen private investment, consolidate public finances, and improve the performance of public enterprises.


Sources: Who Owns Whom sector reports, CIA Factbook, African Development Bank, World Bank, Trading Economics, African Statistical Yearbook and IMF.

Info

Capital Tunis
Currency (Name, Abbreviation, Symbol) Tunisian dinar , TND , د.ت
Area 163,610 sq km
Type of Government presidential republic
Languages Arabic (official, one of the languages of commerce), French (commerce), Berber (Tamazight)
Natural Resources petroleum, phosphates, iron ore, lead, zinc, salt
Type of Industry petroleum, mining (particularly phosphate and iron ore), tourism, textiles, footwear, agribusiness, beverages
Stock Exchange Bourse des Valeurs Mobilieres de Tunis
Stock Exchange Location Tunis
Stock Exchange Founded 1969
Tax Rate: Corporate 25%
Tax Rate: Individual 35%
Natural Resources petroleum, phosphates, iron ore, lead, zinc, salt

Latest available information as sourced from:

African Markets

Trading Economics

Economy Watch

The World Fact Book

KPMG Tax Tables

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Advanced e-Technologies SA Bourse des Valeurs Mobilieres de Tunis 2013-04-04 AETECH Tunisia Active Air Liquide Tunisie S.A. Bourse des Valeurs Mobilieres de Tunis 1990-10-03 AIR LIQUIDE TSIE Tunisia Active Amen Bank S.A. Bourse des Valeurs Mobilieres de Tunis 1996-02-00 AB Tunisia Active Arab Tunisian Bank S.A. Bourse des Valeurs Mobilieres de Tunis 1990-10-03 ATB Tunisia Active Arab Tunisian Lease S.A. Bourse des Valeurs Mobilieres de Tunis 1997-12-00 ATL Tunisia Active Assurances Maghrebia Vie Bourse des Valeurs Mobilieres de Tunis 2020-12-30 Tunisia Active Ateliers Mecaniques Du Sahel SA Bourse des Valeurs Mobilieres de Tunis AMS Tunisia Active Attijari Bank SA Bourse des Valeurs Mobilieres de Tunis 1990-10-03 TJARI Tunisia Active Attijari Leasing SA Bourse des Valeurs Mobilieres de Tunis TJL Tunisia Active Automobile Reseau Tunisien et Services S.A. Bourse des Valeurs Mobilieres de Tunis 2008-04-04 ARTES Tunisia Active Banque de Tunisie et des Emirats S.A. Bourse des Valeurs Mobilieres de Tunis 1995-08-00 BTE Tunisia Active Banque de Tunisie S.A. Bourse des Valeurs Mobilieres de Tunis 1990-10-00 BT Tunisia Active Banque Internationale Arabe de Tunisie SA Bourse des Valeurs Mobilieres de Tunis 1990-09-00 BIAT Tunisia Active Banque Nationale Agricole SA Bourse des Valeurs Mobilieres de Tunis BNA Tunisia Active BEST Lease SA Bourse des Valeurs Mobilieres de Tunis 2013-10-23 BL Tunisia Active BH Bank S.A. Bourse des Valeurs Mobilieres de Tunis 2013-09-00 BH Tunisia Active BH Leasing SA Bourse des Valeurs Mobilieres de Tunis 2010-12-01 ML Tunisia Active Carthage Cement S.A. Bourse des Valeurs Mobilieres de Tunis 2010-06-10 CC Tunisia Active Cellcom S.A. Bourse des Valeurs Mobilieres de Tunis CELL Tunisia Active Cerealis S.A. Bourse des Valeurs Mobilieres de Tunis 2014-12-19 CREAL Tunisia Active City Cars S.A. Bourse des Valeurs Mobilieres de Tunis 2013-11-26 CITY CARS Tunisia Active Compagnie d'Assurances et de Reassurances SA Bourse des Valeurs Mobilieres de Tunis 1991-12-23 ASTREE Tunisia Active Compagnie Internationale de Leasing SA Bourse des Valeurs Mobilieres de Tunis 1997-09-15 CIL Tunisia Active Delice Holding S.A. Bourse des Valeurs Mobilieres de Tunis 2014-10-16 DELICE HOLDING Tunisia Active Electrostar SA Bourse des Valeurs Mobilieres de Tunis 2001-01-22 LSTR Tunisia Active Ennakl Automobiles S.A. Bourse des Valeurs Mobilieres de Tunis 2010-07-13 NAKL Tunisia Active Essoukna SA Bourse des Valeurs Mobilieres de Tunis 2006-09-18 SOKNA Tunisia Active Euro-Cycles SA Bourse des Valeurs Mobilieres de Tunis 2013-06-24 ECYCL Tunisia Active Generale Industrielle de Filtration GIF FILTER SA Bourse des Valeurs Mobilieres de Tunis 2005-03-07 GIF-FILTER Tunisia Suspended Hannibal Lease SA Bourse des Valeurs Mobilieres de Tunis 2013-07-04 HL Tunisia Active Industries Chimiques Du Fluor SA Bourse des Valeurs Mobilieres de Tunis 1993-05-00 ICF Tunisia Active L'Accumulateur Tunisien Assad SA Bourse des Valeurs Mobilieres de Tunis 2005-03-23 ASSAD Tunisia Active La Societe Tunisienne De Reassurance S.A. Bourse des Valeurs Mobilieres de Tunis 2010-05-11 TRE Tunisia Active Land'Or S.A. Bourse des Valeurs Mobilieres de Tunis 2013-03-07 LNDOR Tunisia Active Les Ciments De Bizerte SA Bourse des Valeurs Mobilieres de Tunis 2009-10-00 SCB Tunisia Active Maghreb International Publicite S.A. Bourse des Valeurs Mobilieres de Tunis 2014-04-01 MIP Tunisia Active Manufacture de Panneaux Bois du Sud S.A. Bourse des Valeurs Mobilieres de Tunis 2014-01-10 MPBS Tunisia Active New Body Line SA Bourse des Valeurs Mobilieres de Tunis 2013-04-30 NBL Tunisia Active One Tech Holding S.A. Bourse des Valeurs Mobilieres de Tunis 2013-05-20 OTH Tunisia Active Placements de Tunisie SICAF Bourse des Valeurs Mobilieres de Tunis 1990-09-00 PLAC.TSIE-SICAF Tunisia Active Poulina Group Holding SA Bourse des Valeurs Mobilieres de Tunis 2008-08-06 PGH Tunisia Active Sanimed S.A. Bourse des Valeurs Mobilieres de Tunis 2017-01-19 SANIMED Tunisia Active Servicom S.A. Bourse des Valeurs Mobilieres de Tunis 2009-06-01 SERVICOM Tunisia Active Smart Tunisie S.A. Bourse des Valeurs Mobilieres de Tunis 2021-11-30 SMART Tunisia Active Societe Atelier Du Meuble Interieur S.A. Bourse des Valeurs Mobilieres de Tunis 2017-03-14 SAM Tunisia Active Societe Chimique Alkimia SA Bourse des Valeurs Mobilieres de Tunis 1996-08-22 ALKIM Tunisia Active Societe d'Articles Hygieniques SAH S.A. Bourse des Valeurs Mobilieres de Tunis 2014-01-08 SAH Tunisia Active Societe de Fabrication des Boissons de Tunisie S.A. Bourse des Valeurs Mobilieres de Tunis 1990-10-03 SFBT Tunisia Active Societe de Placement et de Developpement Industriel et Touristique S.A. Bourse des Valeurs Mobilieres de Tunis 1995-11-00 SPDIT - SICAF Tunisia Active Societe de Production Agricole Teboulba SA Bourse des Valeurs Mobilieres de Tunis 2007-12-24 SOPAT Tunisia Active Societe de Transport Des Hydrocarbures Par Pipelines S.A. Bourse des Valeurs Mobilieres de Tunis 2001-01-22 SOTRAPIL Tunisia Active Societe Immobiliere Et De Participations SA Bourse des Valeurs Mobilieres de Tunis 1996-12-16 SIMPAR Tunisia Active Societe Immobiliere Tuniso-Saoudienne SA Bourse des Valeurs Mobilieres de Tunis 2006-01-26 SITS Tunisia Active Societe Industrielle d'Appareillage et de Materiels Electriques S.A. Bourse des Valeurs Mobilieres de Tunis 1999-08-02 SIAME Tunisia Active Societe Magasin General SA Bourse des Valeurs Mobilieres de Tunis 1999-11-01 MAG Tunisia Active Societe Moderne De Ceramique S.A. Bourse des Valeurs Mobilieres de Tunis 2003-12-23 SOMOCER Tunisia Active Societe Nouvelle Maison de la Ville de Tunis S.A. Bourse des Valeurs Mobilieres de Tunis 1995-04-00 MONOPRIX Tunisia Active Societe Office Plast S.A. Bourse des Valeurs Mobilieres de Tunis 2015-10-07 OFFICEPLAST Tunisia Active Societe Tunisienne d'Assurances et de Reassurances S.A. Bourse des Valeurs Mobilieres de Tunis STAR Tunisia Active Societe Tunisienne D'Automobiles S.A. Bourse des Valeurs Mobilieres de Tunis 2022-03-17 STA Tunisia Active Societe Tunisienne d'Email S.A. Bourse des Valeurs Mobilieres de Tunis 2014-01-28 SOTEMAIL Tunisia Active Societe Tunisienne d'Entreprises de Telecommunications S.A. Bourse des Valeurs Mobilieres de Tunis 1998-06-00 SOTETEL Tunisia Active Societe Tunisienne d'Investissement - SICAR S.A. Bourse des Valeurs Mobilieres de Tunis 1998-09-14 TUNINVEST-SICAR Tunisia Active Societe Tunisienne De Banque SA Bourse des Valeurs Mobilieres de Tunis 1990-10-03 STB Tunisia Active Societe Tunisienne de l'Air Bourse des Valeurs Mobilieres de Tunis 1995-07-00 TUNIS-AIR Tunisia Active Societe Tunisienne De Verreries SA Bourse des Valeurs Mobilieres de Tunis 1999-01-00 SOTUVER Tunisia Active Societe Tunisienne des Industries Pharmaceutique de Tunisia SA Bourse des Valeurs Mobilieres de Tunis 2001-05-02 SIPHAT Tunisia Active Societe Tunisienne des Marches de Gros SA Bourse des Valeurs Mobilieres de Tunis 1999-02-27 MGR Tunisia Active Societe Tunisienne Industrielle du Papier et du Carton S.A. Bourse des Valeurs Mobilieres de Tunis 2014-03-28 SOTIPAPIER Tunisia Active Tawasol Group Holding S.A. Bourse des Valeurs Mobilieres de Tunis 2014-07-16 TAWASOL Tunisia Active Telnet Holding SA Bourse des Valeurs Mobilieres de Tunis 2011-05-00 TLNET Tunisia Active Tunisie Leasing SA Bourse des Valeurs Mobilieres de Tunis 1992-00-00 TLS Tunisia Active Tunisie Profiles Aluminium SA Bourse des Valeurs Mobilieres de Tunis 2007-08-09 TPR Tunisia Active Union Bancaire Pour Le Commerce Et l'Industrie SA Bourse des Valeurs Mobilieres de Tunis 1990-09-01 UBCI Tunisia Active Union Internationale de Banques S.A. Bourse des Valeurs Mobilieres de Tunis 1996-08-00 UIB Tunisia Active Unite De Fabrication De Medicaments SA Bourse des Valeurs Mobilieres de Tunis 2016-05-03 UNIMED Tunisia Active Universal Auto Distributors Holding SA Bourse des Valeurs Mobilieres de Tunis 2015-05-28 UADH Tunisia Suspended Wifack International Bank S.A. Bourse des Valeurs Mobilieres de Tunis 2006-07-10 WIFAK Tunisia Active