Tunisia: economy grows 2.1% in Q1

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    The Gross Domestic Product (GDP) in the first quarter of 2017 grew by 2.1% compared with the same quarter of 2016 and by 0.9% compared to the last quarter of 2016, the National Institute of Statistics (INS) announced Monday.

    The institute points to a 0.2% increase in non-manufacturing industries following a 21.3% increase in mining output.

    However, the INS reported a 1.1% decline in the value added of the manufacturing industries in the first quarter due to a 9.7% drop in production in building industry, construction and ceramics, and a 2.4% decline in agricultural and food industries.

    In addition, the value added of agriculture and fisheries grew 4.9% in the first quarter of 2017.

    According to data from the Ministry of Agriculture and Fisheries, the sector’s growth will exceed 5% during this season due to positive weather conditions, says the INS.


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