Doing Business in Tunisia

Business and Economic Overview

Tunisia is the 72nd largest export economy in the world and the 69th most complex economy according to the Economic Complexity Index (ECI). The top exports of Tunisia are Insulated Wire ($2.08b), Non-Knit Men’s suits ($886m), Non-Knit Women’s suits ($543m), Crude Petroleum ($490m) and Vehicle Parts ($457m). Its top imports are Refined Petroleum ($1.53b), Petroleum Gas ($882m), Cars ($681m), Low-voltage protection equipment ($488m) and Insulated Wire ($482m).

Tunisia is ranked 80th on the Ease of doing Business index 2019 and 125th on the Economic Freedom index 2019. Unemployment is at 15.4 % with inflation at 5.3%.  In 2017 the government lost an estimate of $816 million to corruption.

Tunisia’s public procurement sector is exposed to corruption. Giving bribes and making irregular payments are commonly made when bidding on government contracts.

To secure a government contract it is common to give gifts. Having the right connections makes it easier to overcome administrative barriers. Safeguards against corruption are inadequate in Tunisia. The procurement sector lacks governance. Companies can use the electronic public procurement system, TUNEPS. Companies are also recommended to use a specialised public procurement due diligence tool to mitigate the corruption risks associated with public procurement in Tunisia.

 

References

Tunisia Corruption Report, https://www.ganintegrity.com/portal/country-profiles/tunisia/

https://oec.world/en/profile/country/tun/

Ease of doing Business index 2019, https://www.doingbusiness.org/en/data/exploreeconomies/tunisia

Economic Freedom index 2019, https://www.heritage.org/index/country/tunisia

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