Driver Overview
This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).
Rank
Score /100
Best practice
Metric Overview
Strengths
Cost to start a business
According to the World Bank, the cost to start a business in Tunisia is 2.9% of income per capita, the second lowest for Lower Middle Income Countries. A review of processes resulted in a reduction of fees to start a business, easing the entry of new firms.
Time required to start a business
According to the World Bank, the time required to start a business in Tunisia is nine days, which is less than Lower Middle Income Countries average of 20.4 days. Shorter times to set up businesses can persuade businesses to set up in a country, including new infrastructure entities.
Financial stability
Tunisia’s financial stability is satisfactory, however it is the lowest ranked among Lower Middle Income Countries. A stable financial system facilitates the smooth flow of funds between infrastructure and investors, improving capital supply for projects.
Top Performing Metrics
Top Performing Metrics
This is defined by the metrics with the highest unweighted score out of 100.
Permits:
Cost to start a business
Permits:
Time required to start a business
Financial markets:
Financial stability
Opportunities to Grow
Market sounding and/or assessment
Tunisia currently lacks a market sounding process for infrastructure projects. Adding such a process could allow the government to better determine if there is interest from investors and lenders to provide commercial financing for projects.
Stocks traded
Tunisia traded stocks worth approximately 2.2% of GDP in 2019, scoring it below the Lower Middle Income Countries average of 15.5%. As this indicator measures the liquidity of equities, it is important to infrastructure investors to know they can exit investments at appropriate points.
Long term GDP growth trend
Tunisia’s long-term GDP growth is 2.1%, the lowest value compared to other Lower Middle Income Countries where the average is 4.9%. Combined with the uncertain impact of the COVID-19 pandemic, this low growth trend may hamper Tunisia’s ability to borrow and build more infrastructure.
Metrics to Improve
Metrics to Improve
This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.
For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.
Planning:
Market sounding and/or assessment
Financial markets:
Stocks traded
Funding capacity:
Long term GDP growth trend
Detailed Data
This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017.
Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset.
Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.
28.2%
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
20.7%
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
18.1%
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
15.1%
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
12.8%
Political stability and absence of violence score
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
5%
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Tunisia
Lower-middle Income Countries Average
Description
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
Weighting (% of Driver)
28.2%
Source Link
Description
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
Weighting (% of Driver)
20.7%
Description
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
Weighting (% of Driver)
18.1%
Source Link
Description
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
Weighting (% of Driver)
15.1%
Source Link
Description
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
Weighting (% of Driver)
12.8%
Description
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Weighting (% of Driver)
5%
Source Link
Country Overview Data
3,897 USD
Population12.0 million persons
62.7 (0-100 best)
Infrastructure investment3.7% of GDP
Infrastructure gap1.4% of GDP
1.5%
GDP per capita growth rate-3.9%
Gini coefficient32.8 (0-100 worst)
Gross Government Debt74.0% of GDP
Inflation rate6.6%
Summary credit rating31.0 (0-100 best)
Unemployment rate15.5%
Urbanisation ratio69.0% of total population
Road connectivity82.7 (0-100 best)
3.6 (1-7 best)
Efficiency of train services3.2 (1-7 best)
Efficiency of air transport services3.6 (1-7 best)
Efficiency of seaport services3.4 (1-7 best)
Electricity access100.0% of population
Electricity supply quality15.5% of output lost
Exposure to unsafe drinking water20.2% of population
Reliability of water supply4.9 (1-7 best)
Mobile-broadband subscriptions76.1 per 100 population
Fixed-broadband Internet subscriptions8.8 per 100 population