Tunisia

Leveraging its geographic positioning at the centre of the Mediterranean, Tunisia’s transport sector has been crucial for the country’s economic progress. Well-connected shipping and air transport lines have proven essential to developing the tourism sector and raising commercial trade levels in international markets. Key industrial segments such as aeronautics, automotive components and agro-...

Despite relatively low penetration, Tunisia’s insurance sector has been growing steadily, with the rapid expansion of existing segments, such as life insurance, and the development of new ones, like takaful (Islamic insurance) and micro-insurance. Among the factors that should contribute to growth in the future are the General Insurance Committee’s ongoing reforms to the regulatory framework,...

While Tunisia has faced weak economic growth and high inflation in recent years, the country’s stock market continued to grow over the 2016-17 period, even though its contribution to private investment financing remains relatively modest compared to that of the banking sector. Measures to deepen the market, however, are under way, aiming to attract an increased number of small and medium-sized...

The country is working to gradually improve its economic indicators by implementing tough, yet necessary, structural reforms. Although significant strides have been made since 2011, Tunisia continues to face acute macroeconomic imbalances. While reform efforts have suffered from changing administrations in the years following the revolution, in 2018 growth is projected to pick up to 3%,...

Tunisia has a small, principally homogeneous population, emerging from a diverse background of civilisations, which makes the modern population a mix of Arab, Ottoman and Berber, to name but a handful. In 1956, the country gained independence from France and established a constitution modelled on the French system. In 2011, during the Jasmine Revolution, President Zine El Abidine Ben Ali, who...