A recent report by Deloitte warns that Tunisia is facing a period of significant financial weakness.
The country’s economy is strained by a combination of high public debt, persistent inflation, and a structural trade deficit, according to the global report released in September 2025. The report highlights several key issues.
Tunisia’s public debt is close to 80% of its GDP, leading to chronic budget deficits and increasing the country’s reliance on external financing. This has weakened its financial credibility and limited its ability to support economic growth, especially with ongoing uncertainty around negotiations with the International Monetary Fund.
Persistent inflation, driven by rising food and energy costs, is eroding household purchasing power. Deloitte notes that this is worsening social imbalances, compounded by high unemployment, particularly among young people.
The country’s current account deficit remains a vulnerability. Tunisia continues to struggle with diversifying its exports, remaining dependent on European partners, while low tourism revenues are limiting its foreign currency reserves.
According to Deloitte, Tunisia must act quickly to regain investor confidence and implement major reforms to stabilize its economic foundations. Without these changes, the report suggests, the country faces a high risk of a liquidity crisis and further social unrest in the coming months.
MK/Sf/fss/abj/APA