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HomeNewsTunisia: external debt reaches 128 billion dinars at end of September 2022

Tunisia: external debt reaches 128 billion dinars at end of September 2022

The gross stock of Tunisia’s external debt stands at 127.9 billion dinars at the end of September 2022, posting an increase of 14.8 billion compared to the same date a year earlier (+13%), according to data from the Central Bank of Tunisia (BCT).

As a percentage of GDP, the outstanding external debt represents nearly 90% of GDP, which is expected to be nearly 142.8 billion dinars this year (in current dinars).

It includes a 68.1% long-term debt, a share that has been slowly but steadily declining for the last ten years. In addition, the share of the debt of the Administration has remained preponderant at 51.3%.

Debt servicing will be much lower in 2022 than last year at 6.3 billion dinars, compared with 8.4 billion dinars at the end of September 2021.

The debt burden has taken 15% of export earnings, against 25.1% a year ago or 10.3% of total current earnings against 17.6% at the end of September 2021.

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