Cost of Living Worldwide

Cost of Living Worldwide

The OECD defines a cost of living index (COLI) as an index that measures the change in the minimum expenditures that would be incurred by a utility-maximizing consumer, whose preferences or tastes remain unchanged, in order to maintaining a given level of utility (or standard of living or welfare).

 
 
Source
Central bank

Central Bank of Tunisia

International Reserves

US$ 7.662 billion (Source: IMF; Data updated: 2014)

Gross Domestic Product - GDP

US$ 47 billion (2014 estimate)

GDP (Purchasing Power Parity)

113 billion of International dollars (2013 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
5.5% 6% 4.0% 5.7% 6.3% 4.5% 3.1% 2.9%
2011 2012 2013 2014*        
-1.9% 3.6% 2.7% 3.0%        

*Estimate

GDP per capita - current prices

US$ 4,226 (2014 estimate)

GDP per capita - PPP

$10,253 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.11% 0.11% 0.12% 0.13% 0.12%

*Estimate

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 8.6% 
  • industry: 30.4% 
  • services: 61% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2011 2012 2013 2014*
3.5% 5.6% 6.1% 5.5%

*Estimate

Unemployment rate
2011 2012 2013 2014*
18.3% 17.6% 16.7% 16.0%

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
40.3% 44.4% 44.3% 44.4% 50.9%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-0.9% -3.5% -5.2% -5.9% -5.4%

*Estimate   

Government bond ratings

Standard & Poor's: N/A

Moody's rating: Ba3

Moody's outlook: NEG

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2010* 2011 2012**
US$10.68 billion US$9.662 billion US$8.887 billion

*2010 Estimate    **2012 Estimate

Largest companies in Tunisia

N/A

 
 
Source
Current account balance

US$ -3.122 billion (2014 estimate)

Current account balance by percentage of GDP

-6.679% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

49.1% (2012)

Shares in world total merchandising export

0.09% (2012)

Shares in world total commercial services export

0.11% (2012)

Total exports

US$17.460 billion (2013 estimate) 

Export commodities

clothing, semi-finished goods and textiles, agricultural products, mechanical goods, phosphates and chemicals, hydrocarbons, electrical equipment

Total imports

US$24.950 billion (2013 estimate) 

 
 
Source
Import commodities

textiles, machinery and equipment, hydrocarbons, chemicals, foodstuffs

Exports - major partners

France 26.2%, Italy 16%, Germany 9.4%, Libya 7.6%, US 4.3% (2012)

Imports - major partners

France 19.8%, Italy 16.7%, Germany 7.3%, China 6%, Spain 5.3%, Algeria 4.4% (2012)

FDI inflows
2011 2011 2013
US$1,148 million US$1,603 million US$1,096 million
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$2 million US$0 US$0 US$0
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 51 out of 189 countries (2013)

Subcategories:

Starting a business: 70 out of 189 countries

Enforcing Contracts: 78 out of 189 countries

Registering Property: 72 out of 189 countries

Getting credit: 109 out of 189 countries

Protecting investors: 52 out of 189 countries

Trading across border: 31 out of 189 countries

Paying Taxes: 60 out of 189 countries

Dealing with Construction Permits: 122 out of 189 countries

Getting Electricity: 55 out of 189 countries

Resolving Insolvency: 39 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

87

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 109 Score: 57.3 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC+1

Total area

163,610 sq km

Capital

Tunis

Currency

Tunisian dinars (TND)

Government type

republic

Languages

Arabic (official, one of the languages of commerce), French (commerce), Berber (Tamazight)

Religions

Muslim (official; Sunni) 99.1%, other (includes Christian, Jewish, Shia Muslim, and Baha'i) 1%

Total population
1990 2000 2010 2014* 2019**
8.154 million 9.553 million 10.547 million 11.06 million 11.797 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
37.5% 51% 63% 66%
Population median age

31.4 years (2014 est.)

Population growth rate

0.92% (2014 est.)

Life expectancy

75.68 years  (2014 est.)

Adult literacy

 79.1% (2010 estimate)

% of population living on less than $2 a day

4.5% (2010)

Inequality of wealth distribution (Gini index)

35.8 (2010)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 3
Civil Liberties: 3 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed  9.3%   Mobile  115.6% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

43.80% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Tunis 202nd (2014)

CO2 emissions(Metric tons of CO2 per capita)

2.5 (2010)

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World's Best Banks By Region

World's Best Banks

2013

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Additional Awards