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- <text id=93CT1412>
- <title>
- Tunisia--Economy
- </title>
- <article><source>CIA Factbook</source><hdr>The World Factbook 1993: Tunisia
- Economy</hdr><body>
- <p>Overview: The economy depends primarily on petroleum,
- phosphates, tourism, and exports of light manufactures.
- Following two years of drought-induced economic decline, the
- economy came back strongly in 1990-92 as a result of good
- harvests, continued export growth, and higher domestic
- investment. High unemployment has eroded popular support for the
- government, however, and forced Tunis to slow the pace of
- economic reform. Nonetheless, the government appears committed
- to implementing its IMF-supported structural adjustment program
- and to servicing its foreign debt.
- </p>
- <p>National product: GDP - exchange rate conversion - $13.6
- billion (1992 est.)
- </p>
- <p>National product real growth rate: 8% (1992 est.)
- </p>
- <p>National product per capita: $1,650 (1992 est.)
- </p>
- <p>Inflation rate (consumer prices): 6% (1992 est.)
- </p>
- <p>Unemployment rate: 15.7% (1992)
- </p>
- <p>Budget: revenues $4.3 billion; expenditures $5.5 billion,
- including capital expenditures of $NA (1993 est.)
- </p>
- <list>
- <l>Exports: $3.7 billion (f.o.b., 1992)</l>
- <l> commodities: hydrocarbons, agricultural products, phosphates
- and chemicals</l>
- <l> partners: EC countries 74%, Middle East 11%, US 2%, Turkey,
- former USSR republics</l>
- <l>Imports: $6.1 billion (c.i.f., 1992)</l>
- <l> commodities: industrial goods and equipment 57%,
- hydrocarbons 13%, food 12%, consumer goods</l>
- <l> partners: EC countries 67%, US 6%, Canada, Japan,
- Switzerland, Turkey, Algeria</l>
- </list>
- <p>External debt: $7.7 billion (1992 est.)
- </p>
- <p>Industrial production: growth rate 5% (1989); accounts for
- about 25% of GDP, including petroleum
- </p>
- <p>Electricity: 1,545,000 kW capacity; 5,096 million kWh
- produced, 600 kWh per capita (1992)
- </p>
- <p>Industries: petroleum, mining (particularly phosphate and iron
- ore), tourism, textiles, footwear, food, beverages
- </p>
- <p>Agriculture: accounts for 15% of GDP and one-third of labor
- force; output subject to severe fluctuations because of frequent
- droughts; export crops - olives, dates, oranges, almonds; other
- products - grain, sugar beets, wine grapes, poultry, beef,
- dairy; not self-sufficient in food; fish catch of 99,200 metric
- tons (1987)
- </p>
- <p>Economic aid: US commitments, including Ex-Im (FY70-89), $730
- million; Western (non-US) countries, ODA and OOF bilateral
- commitments (1970-89), $5.2 billion; OPEC bilateral aid
- (1979-89), $684 million; Communist countries (1970-89), $410
- million
- </p>
- <p>Currency: 1 Tunisian dinar (TD)=1,000 millimes
- </p>
- <p>Exchange rates: Tunisian dinars (TD) per US$1 - 0.9931
- (February 1993), 0.8844 (1992), 0.9246 (1991), 0.8783 (1990),
- 0.9493 (1989), 0.8578 (1988)
- </p>
- <p>Fiscal year: calendar year
- </p></body></article></text>
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