Tunisia: Terms of trade adjustment (constant LCU)

Key figures

What the numbers say

In 2025, Tunisia's terms of trade adjustment (constant LCU) fell 445.49 million on 2024 (from 2.67 billion to 2.22 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +64.93 million and a typical year strayed about 1.34 billion from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 4.44 billion in 2010 and the biggest yearly fall was 2.51 billion in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 24% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Tunisia had the 61st highest value of the 128 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Tunisia in the 2025 ranking

• Luxembourg — 58th of 128: 2.91 billion
• Georgia — 59th of 128: 2.49 billion
• Switzerland — 60th of 128: 2.32 billion
• Ecuador — 62nd of 128: 1.74 billion
• Estonia — 63rd of 128: 1.52 billion
• Sudan — 64th of 128: 962.5 million

What this measures

The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

All 61 values

Terms of trade adjustment (constant LCU) in nearby economies

• Algeria — 668.42 billion (2025)
• Bahrain — 538.68 million (2024)
• Djibouti — 60.9 billion (2025)
• Egypt, Arab Rep. — -242.03 billion (2025)
• Iran, Islamic Rep. — -9,327.9 trillion (2025)
• Iraq — -25.43 trillion (2024)
• Israel — 6.56 billion (2025)
• Kuwait — -4.52 billion (2024)
• Lebanon — -703.04 billion (2024)
• Libya — -30.15 billion (2025)

More economic policy & debt data for Tunisia

• Total reserves, including gold (current US$) — US$9.34 billion (2024)
• Total reserves, excluding gold (current US$) — US$8.77 billion (2024)
• GDP (current US$) — US$57.5 billion (2025)
• GDP (current LCU) — 172.31 billion (2025)
• GDP (constant 2015 US$) — US$50.41 billion (2025)
• GDP (constant LCU) — 98.89 billion (2025)
• GDP per capita (current US$) — US$4,657 (2025)
• GDP per capita (current LCU) — 13,954 (2025)
• GDP per capita (constant 2015 US$) — US$4,082 (2025)
• GDP per capita (constant LCU) — 8,008 (2025)
• GNI (current US$)

Reading data like this

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Questions people ask

What is Tunisia's terms of trade adjustment (constant LCU)?

2.22 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1965?

It is down 13.33% from 2.56 billion in 1965 (0.24% a year on average, compounded). The highest value was 4.29 billion in 2010 and the lowest -2.51 billion in 2022.

How does Tunisia rank?

61st highest of 128 economies with data for 2025.

Is the latest change in terms of trade adjustment (constant LCU) unusual for Tunisia?

In 2025, Tunisia's terms of trade adjustment (constant LCU) fell 445.49 million on 2024 (from 2.67 billion to 2.22 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +64.93 million and a typical year strayed about 1.34 billion from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.TTF.GNFS.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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