Tunisia: GDP grows by 0.7% in the 3rd quarter of 2021 but the unemployment rate increases by 18.4%
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Denys Bédarride
Monday 22 November 2021 Last update on Monday, November 22, 2021 At 3:16 PM

According to the National Institute of Statics (INS), GDP at the prices of the previous year increased 0.7% between the 2nd and 3rd quarters of 2021, after falling 2% in the previous quarter. And according to the INS, Tunisia had 762,600 unemployed in the 3rd quarter of 2021, or 18.4% of the working population, the highest unemployment rate observed since the 4th quarter of 2011, the year of the Revolution.

According to the sectoral breakdown of contributions to growth, the recession of the 3rd quarter is explained in particular by the upturn in activity in the hotel, coffee and restaurant services (+ 66.9%) and services sectors. transport (+ 17.8%). Conversely, the oil refining (-15.2%), construction materials industry (-12.5%) and oil and gas extraction (-12.3%) sectors experienced a decline in their activity.

Year-on-year, GDP grew by + 0.3% in the 3rd quarter of 2021. The INS specifies, however, that the seasonally adjusted level of real production in the 3rd quarter of 2021 was still lower than that of the 1st quarter of 2020 before the covid-19 crisis.

Unemployment rate increases to 18.4% of the labor force in Q3 2021, the highest rate since 2011

According to the INS, Tunisia had 762,600 unemployed in the 3rd quarter of 2021, or 18.4% of the working population, the highest unemployment rate observed since the 4th quarter of 2011, the year of the Revolution. It thus increased by 0.5 percentage points compared to the previous quarter (17.9%), and marked a clear increase compared to the pre-health crisis level (15.1% in the 1st quarter of 2020).

The unemployment rate remains particularly high for women (24.1%, against 15.9% for men) and among young people (42.4% of 15-24 year olds), and particularly affects the western regions. and the south of the country. The North-West experienced the largest increase in unemployment (+3 percentage points compared to the 2nd quarter of 2021 to 33%).

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