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CONSULTING

TUNISIA



Area: 163,610 sq km
Capital city: Tunis
Population: 10,276,185 (2007)
Annual growth rate: 0.989% (2008 est.)
Languages: Arabic and French
Literacy: 74.3%
Government type: Republic
Neighboring countries: Algeria, Libya
Memberships: ABEDA, ACCT, AfDB, AFESD, AL, AMF, AMU, AU, BSEC - observer, CCC, ECA, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MIPONUH, MONUC, NAM, OAS - observer, OIC, OPCW, OSCE - partner, UN, UNCTAD, UNESCO, UNIDO, UNMEE, UNMIK, UPU, WFTU, WHO, WIPO, WMO, WtoO, WtrO.
Currency: 1 Tunisian dinar (TND) = 1000 millimes

TARGET SECTORS

Privatization
• Agrofood
• Agriculture
• Automotive Industries
• Energy
• Mechanical Industries
• Service
• Tourism

Concession
• Energy
• Environment
• Finance
• Infrastructure
• Logistics
• Telecom
• tourism


ECONOMY

GDP: $76.07 billion (2007 est.)
Annual growth rate: 5.2%
GDP per capita (PPP): $9,630 (2007, IMF)
GDP - composition by sector: Agriculture 12%; industry 33%; services 55%

Major industries: petroleum, mining (particularly phosphate), textiles, footwear, food processing; services: - tourism, commerce, transport, communications.
Inflation: 3.1% (2007 est.)
Unemployment: 13.9% (2007)
Labor force: 3.591 million (2007):
Trade Exports $11.7 billion (2005)
Imports $15.2 billion
FDI: $26.22 billion (2007 est.)
FDI abroad: $118 million (2007 est.)

Tunisia has a diverse economy, with important agricultural, mining, tourism, and manufacturing sectors. Governmental control of economic affairs while still heavy has gradually lessened over the past decade with increasing privatization, simplification of the tax structure, and a prudent approach to debt. Progressive social policies also have helped raise living conditions in Tunisia relative to the region. Real growth, which averaged almost 5% over the past decade, reached 6.3% in 2007 because of development in non-textile manufacturing, a recovery in agricultural production, and strong growth in the services sector. However, Tunisia will need to reach even higher growth levels to create sufficient employment opportunities for an already large number of unemployed as well as the growing population of university graduates. Broader privatization, further liberalization of the investment code to increase foreign investment, improvements in government efficiency, and reduction of the trade deficit are among the challenges ahead.

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