Despite elevated political, social, and security tensions, Tunisia’s economy has preserved macroeconomic stability.
Various reform measures, including reducing subsidies, reforming the public sector, and enhancing regulatory efficiency, have been undertaken, but follow-through has been uneven.
Parliament has approved recapitalization of the three largest state-owned banks in a first step toward long-awaited banking-sector reform.
It is with this comment that the Heritage Foundation presented Tunisia in its annual Index of Economic Freedom. In this ranking, Tunisia has occupied the 114th place in the “Mostly Unfree” category out of 178 countries. It loses 0.1 points and its score is 57.6 points.
Economic Freedom Snapshot
2016 Economic Freedom Score: 57.6 (down 0.1 point)
Economic Freedom Status: Mostly Unfree
Global Ranking: 114th
Regional Ranking: 11th in the Middle East/North Africa Region
Notable Successes: Monetary Freedom
Concerns: Rule of Law, Financial Freedom, and Investment Freedom
Overall Score Change Since 2012: –1