Current Account Balance for Tunisia
TUNBCAGDPGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.41
Year-over-Year Change
-62.81%
Date Range
1/1/2000 - 1/1/2025
Summary
The Current Account Balance for Tunisia measures the difference between the country's imports and exports of goods, services, and capital. It is a key indicator of Tunisia's external economic position and competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Current Account Balance represents the net income flows between Tunisia and the rest of the world. It includes the balance of trade, net income from abroad, and net current transfers. Analyzing this metric provides insights into Tunisia's overall economic performance and international trade dynamics.
Methodology
The data is collected and calculated by the Central Bank of Tunisia.
Historical Context
The Current Account Balance is widely used by policymakers, economists, and investors to assess Tunisia's economic health and external sector stability.
Key Facts
- Tunisia's Current Account Balance as a percentage of GDP was -6.9% in 2021.
- The Current Account Balance has been in deficit for Tunisia since the 1990s.
- Improving the Current Account Balance is a key policy objective for the Tunisian government.
FAQs
Q: What does this economic trend measure?
A: The Current Account Balance for Tunisia measures the difference between the country's imports and exports of goods, services, and capital.
Q: Why is this trend relevant for users or analysts?
A: The Current Account Balance is a crucial indicator of Tunisia's external economic position, competitiveness, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Tunisia.
Q: How is this trend used in economic policy?
A: The Current Account Balance is widely used by Tunisian policymakers, economists, and investors to assess the country's economic health and external sector stability.
Q: Are there update delays or limitations?
A: The data is published by the Central Bank of Tunisia, and there may be occasional delays or limitations in the availability of the most recent figures.
Related Trends
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TUNFCBODCANUM
Number of Identified Exporters to Tunisia from Hawaii
HITUNA475SCEN
Provisions to Non-Performing Loans for Tunisia
DDSI07TNA156NWDB
Value of Exports to Tunisia from Iowa
IATUNA052SCEN
Stock Market Total Value Traded to GDP for Tunisia
DDDM02TNA156NWDB
Number of Bank Accounts for Tunisia
DDAI01TNA642NWDB
Citation
U.S. Federal Reserve, Current Account Balance for Tunisia (TUNBCAGDPGDPPT), retrieved from FRED.