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Tunisia Business Report

General information
Source: The World Factbook - Central Intelligence Agency
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Population
11,516,189 (July 2018 est.)
GDP (PPP)
$137.7 billion (2017 est.)

Exports, foreign investment, and tourism are central to the country's economy

GDP growth rate
2.0% (2017 est.)

A bit low considering the potential of Tunisia

GDP (PPP) per capita
$11,900 (2017 est.)

Low, however the other countries of North Africa are quite aligned

Local currency
Tunisian dinar (TND)

Weak currency which has depreciated continuously throughout the past 6 years

Financial stability (Public debt)
70.3% (2017 est.)

Medium, it increased in the last years

Inflation
5.3% (2017 est.)

High and unstable

Language
Arabic (official) and French

French is spoken by 2/3 of the people and it is the language of business

Corruption perception index (Source: Transparency International)
Rank 73/180

Very high level of curruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT
18% standard VAT rate
Lower rates of 13% and 7% apply to specifically designated operations
Corporate Tax
25% standard tax rate
Different rates are applicable in a wide range of specific cases, products, and services
Duties
Importation of goods and services are subject to import VAT with the exception of some products.
Customs duties are due on importations other than those made from the European Union (EU).

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