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Monday 21 September 2020
Home News Tunisia: current account deficit shrinks to 4.5 billion dinars by end June

Tunisia: current account deficit shrinks to 4.5 billion dinars by end June

The current account deficit shrunk to 4.52 billion dinars, i.e. 4% of GDP at the end of the first half of the year, from 6.36 billion or 5.6% of GDP a year earlier, according to the Central Bank of Tunisia (BCT).

This attenuation of the current balance results from the marked contraction of the trade deficit to 5.23 billion dinars (or 4.7% of GDP) in the first half of 2020, compared to 7.98 billion (or 7% of GDP) at the end of June 2019.

Excluding energy, the current account deficit showed a slight attenuation at the end of the first half of 2020, reaching 2.5 billion dinars (or 2.2% of GDP) after 2.6 billion (or 2.3% of GDP) during the first half of 2019.

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