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Tunisia ranks 19th in Absa Africa Financial Markets Index 2023

Tunisia ranked 19th in the Absa Africa Financial Markets Index 2023. Tunisia scored 43 out of 100 in this index which is based on 6 pillars, namely: Market depth, access to foreign exchange, market transparency and regulatory environment, capacity of local investors, macroeconomic environment and transparency, and legal standards and enforceability. The Absa Africa Financial Markets Index evaluates countries financial development based on measures of market accessibility openness and transparency. The aim is to show how economies can reduce barriers to investment and boost sustainable growth. The index has become a benchmark for the investment community to gauge African countries' market infrastructure and is used by policy-makers to learn from developments across the continent. The index now encompasses approximately 80% of the population and gross domestic product of Africa. This year's report has grown to 28 countries with the addition of Tunisia and Cabo Verde.

Source: Agence Tunis Afrique Presse