600
conomic affairs while still heavy has gradually lessened over the past decade with increasing privatization, simplification of the tax structure, and a prudent approach to debt. Real growth averaged 5.4% in the past five years, and inflation is slowing. Growth in tourism and increased trade have been key elements in this steady growth, although tourism revenues have slowed since 11 September 2001 and may take a year or more to fully recover. Tunisia's association agreement with the European Union entered into force on 1 March 1998, the first such accord between the EU and a Mediterranean country. Under the agreement Tunisia will gradually remove barriers to trade with the EU over the next decade. Broader privatization, further liberalization of the investment code to increase foreign investment, and improvements in government efficiency are among the challenges for the future.
GDP: purchasing power parity - $64.5 billion (2001 est.)
GDP - real growth rate: 4.8% (2001 est.)
GDP - per capita: purchasing power parity - $6,600 (2001 est.)
GDP - composition by sector: agriculture: 13% industry: 33% services: 54% (2000 est.)
Population below poverty line: 6% (2000 est.)
Household income or consumption by percentage share: lowest 10%: 2.3% highest 10%: 31.8% (1995)
Distribution of family income - Gini index: 41.7 (1995)
Inflation rate (consumer prices): 2.7% (2001 est.)
Labor force: 2.69 million (2001 est.) note: shortage of skilled labor
Labor force - by occupation: services 55%, industry 23%, agriculture 22% (1995 est.)
Unemployment rate: 15.6% (2000 est.)
Budget: revenues: $5.7 billion expenditures: $6.3 billion, including capital expenditures of $1.5 billion (2001 est.)
Industries: petroleum, mining (particularly phosphate and iron ore), tourism, textiles, footwear, agribusiness, beverages
Industrial production growth rate: 5.2% (2001 est.)
Electricity - production: 10.3 billion kWh (2000)
Electricity - pr