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Tunisia External Debt

Total external debt stocks  DT.DOD.DECT.CD

Tunisia's external debt was $40.7B in 2025, ranked 35th globally. This represents a 0.6% increase from 2024. Data from World Bank, covering 1970–2025.

$40.7B +$226.8M (+0.6%)
Year 2025 Rank #35 Global Peak $43.0B (2021) Source World Bank

Tunisia External Debt (1970–2025)

Overview

Tunisia's external debt stood at $40.7B in 2025, a rise of +$226.8M from 2024. Based on recent trends, this figure is projected to reach $40.7B by 2025. Tunisia ranked 35th globally.

Tunisia’s external debt has expanded dramatically over the 56‑year series, rising from a trough of 603,200,003.20 in 1970 to an all‑time peak of 43,022,033,493.30 in 2021, before easing slightly to 40,686,672,330.32 in 2025, which places the country at rank 35 globally. The near‑steady upward trajectory reflects successive fiscal deficits, external financing for infrastructure, and the impact of regional shocks that heightened borrowing needs. Compared with peers, Tunisia’s debt level is marginally lower than Kenya’s 44,737,884,298.91 and close to Tanzania’s 39,264,994,087.00, indicating a comparable exposure among North African and East African economies. The modest post‑peak decline suggests that recent policy measures, such as debt restructuring and tighter fiscal consolidation, are beginning to curb the accumulation of external obligations. Continued reforms and improved export performance will be crucial to reverse the upward trend and stabilize the debt burden.

Data & projection

Year External Debt YoY change Rank
2027* trend $40.0B - -
2026* trend $40.3B - -
2025* trend $40.7B - -
2025 $40.7B +$226.8M #35
2024 $40.5B −$1.9B #85
2023 $42.4B +$1.4B #87
2022 $41.0B −$2.0B #87
2021 $43.0B +$1.0B #90
2020 $42.0B +$1.8B #93
2019 $40.2B +$5.0B #92
2018 $35.2B +$1.5B #92
2017 $33.7B +$4.2B #91
2016 $29.5B +$1.3B #91
2015 $28.2B +$601.1M #90
2014 $27.6B +$1.3B #89
2013 $26.3B +$845.7M #89
2012 $25.4B +$2.5B #91
2011 $22.9B +$207.1M #90
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.3% GDP growth 0.2% Unemployment 15.1%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Tunisia matched the Stagflation Risk pattern in 2023. Historically, 38% of countries showing this pattern (117 out of 307) saw external debt improve within 24 months. View full analysis →

Frequently Asked Questions

What is Tunisia's external debt?▾

Tunisia's external debt was $40.7B in 2025. Ranked 35th globally. This represents a 0.6% increase from the previous year.

What was the highest external debt in Tunisia?▾

Tunisia's external debt peaked at $43.0B in 2021.

What was the lowest external debt in Tunisia?▾

The lowest external debt in Tunisia was $603.2M in 1970.

How does Tunisia rank in external debt?▾

Tunisia ranks 35th globally in external debt as of 2025.

What is the World Bank indicator code for external debt?▾

The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.

What is the projected external debt of Tunisia in 2025?▾

Tunisia's external debt is projected to reach $40.7B by 2025 based on trend extrapolation.

What is Tunisia's external debt in billion?▾

Tunisia's external debt was approximately 40.69 billion ($40.7B) in 2025.

What is the external debt of Tunisia in 2025?▾

The external debt of Tunisia in 2025 was $40.7B. This ranks 35th in the world.

Cite this page

APA
Tunisia External Debt. HistorySaid. Retrieved November 15, 2026, from https://historysaid.com/tunisia/external-debt/
BibTeX
@misc{historysaid_tunisia_external-debt, title = {Tunisia External Debt}, url = {https://historysaid.com/tunisia/external-debt/}, publisher = {HistorySaid}, year = {2026} }
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