Tunisia: Economy Grew in Third Quarter of 2022

Boats enter Al Ataya Port in Kerkennah Islands, off Sfax, Tunisia, October 23, 2022. REUTERS/Jihed Abidellaoui
Boats enter Al Ataya Port in Kerkennah Islands, off Sfax, Tunisia, October 23, 2022. REUTERS/Jihed Abidellaoui
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Tunisia: Economy Grew in Third Quarter of 2022

Boats enter Al Ataya Port in Kerkennah Islands, off Sfax, Tunisia, October 23, 2022. REUTERS/Jihed Abidellaoui
Boats enter Al Ataya Port in Kerkennah Islands, off Sfax, Tunisia, October 23, 2022. REUTERS/Jihed Abidellaoui

Tunisia's economy grew by 2.9% in the third quarter of this year, driven by growth in the services sector, the state statistics institute said on Tuesday.

In the same period last year, growth was 1.7%.

“Over the three months from July to September, the gross domestic product increased by 2.9% on an annual basis, marking an acceleration compared to the two previous quarters (respectively at 2.3% and 2.6%),” it said.

“Despite a difficult global environment and record inflation, economic activity is continuing its recovery dynamic after the 2020 health crisis; a process that is still incomplete, since the national income still remains below its level at the end of 2019,” it added.

Tunisian Minister of Tourism Mohamed Moez Belhassine also announced that the tourism sector welcomed this year more than 5.4 million tourists till November 10, a huge increase (174 percent) compared to the same period last year.

Despite the positive developments in the sector, the number falls short of the influx of tourists in 2019.



GASTAT: Saudi Industrial Production Index Up 2.0% in March 2025

GASTAT released on Sunday its Industrial Production Index (IPI) for March 2025
GASTAT released on Sunday its Industrial Production Index (IPI) for March 2025
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GASTAT: Saudi Industrial Production Index Up 2.0% in March 2025

GASTAT released on Sunday its Industrial Production Index (IPI) for March 2025
GASTAT released on Sunday its Industrial Production Index (IPI) for March 2025

Saudi Arabia’s General Authority for Statistics (GASTAT) released on Sunday its Industrial Production Index (IPI) for March 2025, revealing a 2.0% increase in the overall index compared to March 2024.
According to the data, manufacturing activities recorded a significant growth of 5.1% on an annual basis, and the index of water supply, sewerage, waste management, and remediation activities also increased by 15.0%.
The mining and quarrying activity saw a slight decrease of 0.2%, and the electricity, gas, steam, and air conditioning supply index also declined by 0.9%.
The IPI for main economic activities showed a modest 0.5% rise in the oil activities index, while non-oil activities recorded a substantial increase of 5.6% compared to March 2024.
GASTAT issues the IPI monthly to measure relative changes in the volume of industrial output. The index is calculated based on the industrial production survey, which samples establishments in key industrial sectors including mining and quarrying, manufacturing, electricity, gas, steam and air conditioning supply, water supply, sewerage, waste management, and remediation.