In 2023, Tunisia's exports of ICT services stood at 535.62 million USD. Over the last two years, the sector has shown significant recovery with an impressive year-on-year growth of 37.67% in 2022 and 24.19% in 2023. Looking at a broader timeline, the CAGR from 2019 to 2023 indicates a robust average annual growth of 15.12%, signaling strong performance and positive momentum after earlier declines.
Looking forward, the forecasted data suggests a continuation of this upward trend with an impressive 5-year CAGR of 10.9% until 2028. By 2028, the value of exports is expected to reach 1087.3 million USD, representing a substantial growth rate of 67.74% from current levels.
Future trends to watch for include:
- Technological advancements and increased adoption of digital services.
- Government policies and incentives to boost ICT sector growth.
- Expansion into new markets and diversification of service offerings.
- Investment in workforce skills and infrastructure to sustain growth rates.