The fallout from the Arab Spring significantly dampened growth in Tunisia – from which the country still has yet to fully recover – but key sectors have seen a steady improvement, offering promising medium-term prospects.
- Banking: Fuelling The Economy – Demand for credit has risen steadily in recent years, with total loans growing at a compound annual rate of over 11% since 2009.
- Agriculture: On The Rise – Agricultural exports surged in 2015, driven in part by poor olive harvests in Italy and Spain, leading to a rise in prices and demand for Tunisian olive oil.
- Industry: Economic Mainstay – Manufacturing continues to play a key role in the economy, in large part thanks to the country’s strong automotive sector.
- Telecoms & IT: Reaching Out – Driven in part by the young, tech-savvy population and solid IT infrastructure, internet usage has risen strongly in Tunisia.
Read More from OBG
