Tunisia's Economic Growth Slows Down in 2024
According to the World Bank's "Global Economic Prospects" report in January 2025, Tunisia experienced a lower-than-expected growth rate of 1.2% in 2024.
This economic underperformance can be mainly attributed to persistent drought conditions and a sluggish domestic demand, hindering the country's recovery.
Climate-related difficulties have particularly weighed on the agricultural sector, a pillar of the national economy, reducing yields and exacerbating pressure on food prices. Meanwhile, domestic consumption and investment have stagnated, reflecting an uncertain economic climate and decreasing purchasing power.
Despite this slowdown, the World Bank forecasts a gradual improvement in Tunisia's growth rate, with an estimated 2.2% in 2025 and 2.3% in 2026. This recovery is expected to be driven by improved access to external financing and increased demand from European partners, a key driver of Tunisian exports.
However, the situation remains fragile. Public finances remain under strain, requiring budget consolidation efforts planned for 2025. Moreover, the evolution of the international economic situation and climate-related uncertainties will continue to influence the country's economic trajectory.
