Tunisian Economy Starts 2026 with a Mixed Dynamic
The Tunisian economy has begun 2026 with a mixed dynamic. According to the latest data published by the National Institute of Statistics, the GDP in volume increased by 2.6% in the first quarter of 2026 compared to the same period in 2025, after correcting for seasonal variations. A growth rate above 2% remains relatively positive in the current economic context, marked by budgetary tensions, still high inflation, and an uncertain international environment. However, the quarterly data shows a different signal: the GDP decreased by 0.3% compared to the fourth quarter of 2025. This slight decline indicates a slowdown in activity at the beginning of the year, which may reflect a temporary decline in production in certain sectors, less dynamic consumption, or a slowdown in investments. In other words, annual growth remains positive thanks to a favorable comparison base with 2025, but the economy's pace seems to be losing some momentum in the short term. This means that Tunisia is in a phase of still fragile recovery, where the consolidation of growth will depend, in particular, on the relaunch of investment, exports, and financial stability over the next few quarters.
