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Wednesday 23 June 2021
HomeNewsTunisia : GDP grew 2.4 % in Q3 2013

Tunisia : GDP grew 2.4 % in Q3 2013

The Gross Domestic Product (GDP) at constant prices posted a 2.4% increase in the third quarter of 2013, compared to the same quarter of 2012, according to preliminary results of the quarterly accounts of the National Institute of Statistics (INS), published on the website of the Institute.

This leads, according to the same source, to a 2.8% growth in the first nine months of 2013, year on year.

Governor of the Central Bank of Tunisia ( BCT) Chedly Ayari had announced in October that the growth rate of Tunisia will be around 2.7% at the end of the third quarter 2013.

He noted that this rate is below expectations which projected a growth rate of around 3 % for the third quarter of 2013 and 6 % in the fourth quarter of 2013 to ultimately reach the growth rate expected at the end of 2013, i.e. 3%.

Finance Minister Elyes Fakhfakh had indicated in a press conference held in late October that “the growth rate was revised to 3.6%.”

For its part, the International Monetary Fund (IMF) had predicted during the last month a growth rate of 3% for Tunisia in 2013, against 3.6% in 2012.

In 2014, GDP growth was estimated by the fund at 3.7%.

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