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Friday 18 June 2021
HomeNewsTunisia: economy grows 1.9% at end September

Tunisia: economy grows 1.9% at end September

Tunisia’s gross domestic product (in volume) posted a growth of 2.1% in the third quarter 2017, compared to the same quarter of the year 2016 and 0,7% compared to the second quarter of the current year, the National Institute of Statistics (INS) announced on Wednesday.

To this end, the Tunisian economy grew 1.9% in the first nine months of 2017 compared to the same period in 2016.

The INS points to a 2.8% increase in the manufacturing industries in the third quarter.

This growth mainly concerned the sectors of the agricultural and food industries (+ 3.4%), the chemical industries (+ 5.1%) and the mechanical and electrical industries (+ 2.8%).

However, the institute notes a 3.3% decline in the value added of non-manufacturing industries during the third quarter due to the 21.6% drop in production of the oil and gas extraction sector.

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