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Economy of Tunisia vs Ukraine compared: GDP & Debt

Updated on by Georank team

Tunisia has a GDP of $51.3B compared to $191B for Ukraine, ranking 93/197 and 57/197 by economy size, respectively.

Tunisia has $42.8B in government debt (83.4% of GDP), compared to $171B (89.7% of GDP) in Ukraine.

Tunisia vs Ukraine GDP by year

Tunisia
Ukraine
1x
Year GDP, current $
Tunisia Ukraine
2024 $51,332,285,657 $190,741,262,415
2023 $48,205,328,303 $181,221,517,869
2022 $44,929,920,093 $161,989,520,721
2021 $47,073,234,359 $199,765,859,571
2020 $42,491,780,918 $156,617,722,013
2019 $41,905,642,419 $153,883,047,510
2018 $42,686,504,460 $130,891,088,294
2017 $42,163,530,591 $112,090,505,082
2016 $44,360,072,680 $93,355,869,404
2015 $45,779,494,042 $91,030,967,789
2014 $50,271,812,921 $133,503,871,862
2013 $48,685,446,414 $190,498,811,460
2012 $47,311,401,813 $182,591,753,828
2011 $48,123,325,825 $169,333,835,202
2010 $46,206,091,938 $141,209,170,427
2009 $43,455,740,497 $121,552,153,444
2008 $44,859,439,902 $188,110,390,660
2007 $38,915,353,867 $148,733,861,386
2006 $34,376,664,601 $111,884,752,475
2005 $32,272,186,695 $89,238,865,119
2004 $31,183,885,241 $67,220,154,164
2003 $27,453,902,261 $52,010,355,753
2002 $23,141,616,605 $43,956,163,612
2001 $22,065,832,449 $39,309,580,983
2000 $21,473,528,161 $32,375,083,935
1999 $22,943,202,175 $31,580,639,554
1998 $21,802,893,587 $41,882,523,345
1997 $20,746,210,354 $50,151,531,592
1996 $19,587,161,807 $44,558,831,005
1995 $18,030,876,599 $48,213,856,469
1994 $15,633,174,304 $52,549,580,265
1993 $14,608,335,608 $65,648,559,903
1992 $15,496,708,060 $73,945,908,384
1991 $13,074,782,609 $77,350,733,982
1990 $12,290,568,182 $81,393,558,423
1989 $10,101,851,745 $82,709,161,099
1988 $10,096,245,762 $74,703,517,903
1987 $9,696,715,911 $64,087,694,038
1986 $9,017,806,654 -
1985 $8,410,226,053 -
1984 $8,254,541,195 -
1983 $8,350,582,748 -
1982 $8,133,580,052 -
1981 $8,428,445,294 -
1980 $8,744,134,354 -
1979 $7,188,863,904 -
1978 $5,968,460,080 -
1977 $5,109,324,009 -
1976 $4,508,191,942 -
1975 $4,328,965,588 -
1974 $3,545,868,575 -
1973 $2,730,813,385 -
1972 $2,237,556,149 -
1971 $1,685,162,272 -
1970 $1,439,238,095 -
1969 $1,289,904,762 -
1968 $1,214,666,667 -
1967 $1,085,714,286 -
1966 $1,040,952,381 -
1965 $991,047,619 -
1964 $1,025,866,792 -
1963 $1,026,737,600 -
1962 $880,027,733 -
1961 $866,155,429 -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

GeoRank.org/economy/tunisia/ukraine | CC BY

GDP per capita in Tunisia vs Ukraine by year

Tunisia
GDP per capita

GDP per capita, PPP
Ukraine
GDP per capita

GDP per capita, PPP
1x
Year Current $
Tunisia Ukraine
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,181 $14,521 $5,038 $18,550
2023 $3,951 $14,041 $4,803 $17,665
2022 $3,707 $13,619 $3,946 $14,770
2021 $3,907 $12,444 $4,510 $17,846
2020 $3,549 $11,918 $3,505 $15,541
2019 $3,529 $12,495 $3,423 $14,217
2018 $3,628 $11,841 $2,895 $12,555
2017 $3,619 $11,289 $2,467 $11,536
2016 $3,848 $10,994 $2,047 $10,865
2015 $4,015 $10,783 $1,988 $9,922
2014 $4,459 $10,947 $2,904 $10,494
2013 $4,370 $10,672 $4,130 $10,904
2012 $4,297 $10,615 $3,951 $9,552
2011 $4,421 $10,436 $3,657 $9,127
2010 $4,292 $10,555 $3,040 $8,453
2009 $4,080 $10,237 $2,607 $7,995
2008 $4,255 $9,975 $4,018 $9,324
2007 $3,727 $9,479 $3,160 $8,900
2006 $3,323 $8,729 $2,366 $7,971
2005 $3,147 $8,117 $1,875 $7,142
2004 $3,067 $7,672 $1,401 $6,663
2003 $2,726 $7,098 $1,076 $5,764
2002 $2,321 $6,715 $903 $5,123
2001 $2,236 $6,593 $800 $4,747
2000 $2,199 $6,279 $653 $4,228
1999 $2,376 $5,930 $632 $3,871
1998 $2,285 $5,579 $831 $3,794
1997 $2,202 $5,333 $987 $3,794
1996 $2,107 $5,040 $870 $3,812
1995 $1,968 $4,686 $933 $4,124
1994 $1,733 $4,555 $1,009 $4,565
1993 $1,649 $4,401 $1,254 $5,766
1992 $1,785 $4,292 $1,413 $6,568
1991 $1,538 $3,975 $1,483 $7,148
1990 $1,476 $3,780 $1,564 $7,591
1989 $1,239 - $1,593 -
1988 $1,266 - $1,444 -
1987 $1,245 - $1,244 -
1986 $1,187 - - -
1985 $1,135 - - -
1984 $1,143 - - -
1983 $1,184 - - -
1982 $1,177 - - -
1981 $1,247 - - -
1980 $1,324 - - -
1979 $1,113 - - -
1978 $946 - - -
1977 $830 - - -
1976 $752 - - -
1975 $741 - - -
1974 $624 - - -
1973 $493 - - -
1972 $415 - - -
1971 $320 - - -
1970 $280.5 - - -
1969 $257.7 - - -
1968 $248.9 - - -
1967 $228 - - -
1966 $223.8 - - -
1965 $217.3 - - -
1964 $228.5 - - -
1963 $231.9 - - -
1962 $201.4 - - -
1961 $200.7 - - -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

GeoRank.org/economy/tunisia/ukraine | CC BY

Tunisia's GDP per capita is $4,181, ranking 129/197, compared to $5,038 in Ukraine, ranking 120/197. Adjusted for purchasing power (GDP per capita PPP), Tunisia ranks 114th at $14,521, while Ukraine ranks 101st at $18,550.

Economic indicators

Tunisia Ukraine
Gross domestic product
$51.3B
2024
$191B
2024
GDP rank
93/197
2024
57/197
2024
GDP growth
1.61%
2023-2024
2.91%
2023-2024
GDP per capita
$4,181
2024
$5,038
2024
GDP per capita rank
129/197
2024
120/197
2024
GDP per capita, PPP
$14,521
2024
$18,550
2024
GDP per capita PPP rank
114/197
2024
101/197
2024
Government debt
$42.8B
2024
$171B
2024
Debt-to-GDP ratio
83.4%
2024
89.7%
2024
Government debt per person
$3,487
2024
$4,520
2024
Government debt per person rank
94/185
2024
86/185
2024
Average annual personal income after taxes
$3,951
2026
$5,370
2026
Market capitalization of domestic companies
$8.3B
2024
$4.42B
2018
Number of billionaires n/a
7
2025
Income share by richest 10%
27%
2021
21.7%
2020
Income share by poorest 10%
3.1%
2021
4.3%
2020
Government expenditure, % of GDP
33.8%
2024
71.3%
2024
Consumer prices inflation
7%
2023-2024
6.5%
2023-2024
Central bank interest rate
7.5%
2025
15.5%
2025
Unemployment rate
15.1%
2023
9.83%
2021
Population
12437803
40125599

Spending and national debt comparison by year

Tunisia
Spending

Debt
Ukraine
Spending

Debt
1x
Year % of GDP
Tunisia Ukraine
Government spending Government debt Government spending Government debt
2024 33.8% 83.4% 71.3% 89.7%
2023 35.7% 84% 73.4% 81.2%
2022 36.5% 83% 65.4% 77.7%
2021 33.2% 79.7% 40.5% 48.9%
2020 34.5% 77.7% 45.6% 60.5%
2019 29.5% 67.3% 41.5% 50.5%
2018 28.7% 72.9% 41.9% 60.4%
2017 28.7% 67.1% 41.7% 71.6%
2016 27.2% 58.9% 40.8% 79.5%
2015 27.4% 52.4% 43% 79.3%
2014 27.7% 50.7% 44.8% 70.3%
2013 30.8% 45.6% 48.1% 40.5%
2012 28.3% 49% 49% 37.5%
2011 27.9% 43.3% 45.7% 36.9%
2010 24% 38.8% 49.2% 40.6%
2009 24.6% 40.3% 48.6% 35.4%
2008 23.7% 41.4% 47.1% 20.4%
2007 23.3% 42.7% 43.7% 12.3%
2006 22.9% 45.7% 44.6% 14.8%
2005 23% 50% 44.2% 17.7%
2004 23% 51.6% 41.6% 24.8%
2003 23.5% 52.6% 38.9% 29.4%
2002 24.1% 51.6% 37.9% 33.6%
2001 24% 52.2% 36.7% 36.7%
2000 24% 62.9% 35.5% 43.8%
1999 24% 61.9% 25.8% 59%
1998 24.2% 58.2% 37.1% 46.5%
1997 24.5% 66.6% 40.8% 28.9%
1996 26.7% 66.8% 36.9% 24.4%
1995 26.6% 65.6% 41.3% 30.2%
1994 25.9% 63.9% - -
1993 26.7% 63.8% - -
1992 25.7% 62.1% - -
1991 27.6% 63.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1996, retrieved 2026-02-20).

GeoRank.org/economy/tunisia/ukraine | CC BY

In 2024, Tunisia's government spending was $17.4B, accounting for 33.8% of its GDP, while Ukraine spent $136B, or 71.3% of GDP.

Debt-to-GDP ratio is 83.4% in Tunisia and 89.7% in Ukraine, ranking 40/185 and 33/185, respectively.

Government deficit by year

Deficit/surplus
Tunisia

Ukraine
1x
Year Deficit/surplus, % of GDP
Tunisia Ukraine
2024 -5.92% -17.2%
2023 -7.03% -19.3%
2022 -6.91% -15.6%
2021 -7.6% -3.97%
2020 -9.06% -5.92%
2019 -3.6% -2.08%
2018 -4.27% -2.12%
2017 -5.61% -2.36%
2016 -5.87% -2.46%
2015 -4.95% -1.16%
2014 -3.11% -4.46%
2013 -7.05% -4.78%
2012 -4.9% -4.31%
2011 -3.19% -2.76%
2010 -0.46% -5.77%
2009 -2.59% -6.27%
2008 -0.62% -3.14%
2007 -2.47% -1.97%
2006 -2.33% -1.36%
2005 -2.59% -2.28%
2004 -2.1% -4.41%
2003 -2.64% -0.89%
2002 -2.55% -1.84%
2001 -2.87% -3.03%
2000 -3.22% -3.19%
1999 -3.05% 4.95%
1998 -2.84% -2.69%
1997 -3.7% -5.37%
1996 -5.18% -3.09%
1995 -4.53% -4.72%
1994 -2.87% -
1993 -3.22% -
1992 -3.45% -
1991 -5.25% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

GeoRank.org/economy/tunisia/ukraine | CC BY

In 2024, Tunisia's government deficit, the difference between spending and revenue, was $3.04B, equivalent to 5.92% of GDP. This compares to Ukraine's deficit of $32.8B, or 17.2% of GDP.

Over the past 30 years, Tunisia recorded a fiscal deficit in 30 of those years, while Ukraine ran a deficit in 29 years. On average, Tunisia posted an annual deficit equal to 4.09% of GDP, compared to deficit of 4.45% of GDP for Ukraine.

Inflation comparison by year

Inflation
Tunisia

Ukraine
1x
Year Consumer prices inflation
Tunisia Ukraine
2024 7% 6.5%
2023 9.3% 12.9%
2022 8.3% 20.2%
2021 5.7% 9.4%
2020 5.6% 2.7%
2019 6.7% 7.9%
2018 7.3% 10.9%
2017 5.3% 14.4%
2016 3.6% 13.9%
2015 4.4% 48.7%
2014 4.6% 12.1%
2013 5.3% -0.3%
2012 4.6% 0.6%
2011 3.2% 8%
2010 4.4% 9.4%
2009 3.5% 15.9%
2008 4.9% 25.2%
2007 3.4% 12.8%
2006 4.1% 9.1%
2005 2% 13.5%
2004 3.7% 9%
2003 2.7% 5.2%
2002 2.7% 0.8%
2001 1.9% 12%
2000 2.8% 28.2%
1999 2.8% 22.7%
1998 3.1% 10.6%
1997 3.6% 15.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/tunisia/ukraine | CC BY

Over the past 28 years, Tunisia has recorded an average annual inflation rate of 4.52%, compared with 12.8% in Ukraine. In 2024, inflation was 7% in Tunisia and 6.5% in Ukraine.

Top exports between countries

Tunisia
Export category Export value
Raw materials & minerals $13.3M
Metals $1.66M
Raw agricultural goods $928K
Chemicals & pharma $395K
Processed food, beverages & tobacco $366K
Textiles & consumer goods $334K
Machinery & equipment $212K
Wood & paper products $5K
Ukraine
Export category Export value
Raw agricultural goods $296M
Processed food, beverages & tobacco $32.6M
Metals $7.17M
Raw materials & minerals $1.27M
Animal & marine products $610K
Machinery & equipment $253K
Textiles & consumer goods $149K
Chemicals & pharma $50K
Wood & paper products $11K

Balance of trade

Tunisia Ukraine
Current account balance
-$775M
2024
-$15.1B
2024
Current account balance ranking
117/190
2024
179/190
2024
Current account balance, % of GDP
-1.51%
2024
-7.94%
2024
Goods imports
$18.7B
2024
$72.3B
2024
Goods exports
$8.95B
2024
$39.3B
2024
Service imports
$3.92B
2024
$22.9B
2024
Service exports
$11.2B
2024
$17.3B
2024
Imports of goods and services, % of GDP
56.3%
2024
48.3%
2024
Exports of goods and services, % of GDP
50%
2024
29.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Tunisia Ukraine
Economic freedom 48.1 54.1
Economic freedom ranking 172/197 135/197
Property rights 55.7 21.6
Government integrity 42.1 35
Judicial effectiveness 39.7 28.2
Tax burden 68.5 83.7
Government spending 62.5 0
Fiscal health 16 3.9
Business freedom 59.4 57.4
Labor freedom 55.8 46.9
Monetary freedom 72.4 65.7
Trade freedom 54.6 73
Investment freedom 20 35
Financial freedom 30 30

Economic freedom comparison by year

Tunisia
Ukraine
1x
Year Economic freedom index
Tunisia Ukraine
2026 48.1 -
2025 49.1 -
2024 48.8 -
2023 52.9 -
2022 54.2 54.1
2021 56.6 56.2
2020 55.8 54.9
2019 55.4 52.3
2018 58.9 51.9
2017 55.7 48.1
2016 57.6 46.8
2015 57.7 46.9
2014 57.3 49.3
2013 57 46.3
2012 58.6 46.1
2011 58.5 45.8
2010 58.9 46.4
2009 58 48.8
2008 60.1 51
2007 60.3 51.5
2006 57.5 54.4
2005 55.4 55.8
2004 58.4 53.7
2003 58.1 51.1
2002 60.2 48.2
2001 60.8 48.5
2000 61.3 47.8
1999 61.1 43.7
1998 63.9 40.4
1997 63.8 43.5
1996 63.9 40.6
1995 63.4 39.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/tunisia/ukraine | CC BY

The Economic Freedom Index for Tunisia is 48.1, ranking 172/197, compared to 54.1 for Ukraine, ranking 135/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Tunisia Ukraine
Services, % of GDP
62.6%
2024
60.6%
2024
Industry, % of GDP
22.6%
2024
19%
2024
Agriculture, forestry, and fishing, % of GDP
9.74%
2024
7.11%
2024
GNI, Atlas method
$47.7B
2024
$184B
2024
GNI per capita, PPP
$14,230
2024
$18,560
2024
Total reserves including gold
$9.34B
2024
$43.8B
2024
Total reserves ranking
80/177
2024
46/177
2024
Net foreign direct investment
-$725M
2024
-$3.71B
2024
Net inflows of foreign direct investment
$760M
2024
$4.02B
2024
Net outflows of foreign direct investment
$34.6M
2024
$305M
2024
Servicing debt to the IMF, % of GNI
10.9%
2024
5.42%
2024
Poverty at national poverty lines
16.6%
2021
23.2%
2020
Gross capital formation, % of GDP
7.86%
2024
18.6%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/tunisia/ukraine | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1996, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.