IMF Raises Tunisia Growth Forecast to 2.4% for 2026, Flags Inflation and Current Account Risks

The International Monetary Fund (IMF) has raised its economic growth forecast for Tunisia to 2.4% in 2026, up from 2.1% projected in April, while warning of accelerating inflation and a widening current account deficit in 2027.

In its latest World Economic Outlook, released Oct. 13 on the sidelines of the IMF and World Bank annual meetings, the IMF also revised upward its 2027 growth projection for Tunisia to 2%, compared with 1.6% previously. The changes represent upward adjustments of 0.3 percentage points for 2026 and 0.4 percentage points for 2027.

Despite the upgrades, Tunisia’s economic growth is expected to slow from 2.7% in 2025 to 2.4% in 2026 and 2% in 2027, remaining below projected global growth of 3.1% and 3.4%, respectively.

The IMF expects Tunisia’s inflation rate to reach 5.5% in 2026, up from 5.3% in 2025, before accelerating to 6.3% in 2027.

The forecasts are still an improvement on the IMF’s April estimates, which anticipated inflation of 6.5% in 2026 and 7.2% in 2027.

Tunisia’s external balances are expected to face mounting pressure. The current account deficit is projected to widen from 3.3% of gross domestic product in 2025 to 4.9% in 2026 and 5.3% in 2027, according to the IMF.

Mixed outlook for Tunisia

The latest projections point to a mixed economic outlook for Tunisia, with improved growth prospects but persistent challenges from inflation and external imbalances.

Globally, the IMF projects economic growth of 3.1% in 2026, followed by an acceleration to 3.4% in 2027.

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