{"id":69072,"date":"2026-03-04T09:02:40","date_gmt":"2026-03-04T08:02:40","guid":{"rendered":"https:\/\/plumeseconomiques.com\/fr\/?p=69072"},"modified":"2026-03-04T09:02:40","modified_gmt":"2026-03-04T08:02:40","slug":"30-milliards-de-dinars-de-dettes-la-tunisie-bascule-dans-leconomie-a-credit","status":"publish","type":"post","link":"https:\/\/plumeseconomiques.com\/fr\/news\/30-milliards-de-dinars-de-dettes-la-tunisie-bascule-dans-leconomie-a-credit\/","title":{"rendered":"30 milliards de dinars de dettes : la Tunisie bascule dans l\u2019\u00e9conomie \u00e0 cr\u00e9dit"},"content":{"rendered":"<p data-start=\"113\" data-end=\"192\">En 2025, l\u2019<strong data-start=\"124\" data-end=\"162\">endettement des m\u00e9nages en Tunisie<\/strong> franchit un seuil symbolique.<\/p>\n<p data-start=\"194\" data-end=\"227\"><strong data-start=\"194\" data-end=\"225\">30,464 milliards de dinars.<\/strong><\/p>\n<ul data-start=\"228\" data-end=\"266\">\n<li data-start=\"228\" data-end=\"266\">\n<p data-start=\"230\" data-end=\"266\"><strong data-start=\"230\" data-end=\"256\">442 millions de dinars<\/strong> en un an.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"268\" data-end=\"471\">Les chiffres publi\u00e9s par la <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Banque centrale de Tunisie<\/span><\/span> (BCT) confirment une tendance lourde : malgr\u00e9 des <strong data-start=\"384\" data-end=\"417\">taux d\u2019int\u00e9r\u00eat d\u00e9passant 10 %<\/strong>, les particuliers continuent d\u2019emprunter massivement.<\/p>\n<p data-start=\"473\" data-end=\"541\">Ce n\u2019est plus un ph\u00e9nom\u00e8ne conjoncturel. C\u2019est un signal structurel.<\/p>\n<h2 data-start=\"548\" data-end=\"605\">Une dette bancaire des particuliers en hausse continue<\/h2>\n<h3 data-start=\"607\" data-end=\"633\">Les chiffres cl\u00e9s 2025<\/h3>\n<ul data-start=\"635\" data-end=\"812\">\n<li data-start=\"635\" data-end=\"684\">\n<p data-start=\"637\" data-end=\"684\"><strong data-start=\"637\" data-end=\"654\">Encours total<\/strong> : 30 464 millions de dinars<\/p>\n<\/li>\n<li data-start=\"685\" data-end=\"740\">\n<p data-start=\"687\" data-end=\"740\"><strong data-start=\"687\" data-end=\"710\">Croissance annuelle<\/strong> : +441,8 millions de dinars<\/p>\n<\/li>\n<li data-start=\"741\" data-end=\"812\">\n<p data-start=\"743\" data-end=\"812\"><strong data-start=\"743\" data-end=\"781\">Taux d\u2019int\u00e9r\u00eat moyens en 2024-2025<\/strong> : &gt;10 % sur plusieurs segments<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"814\" data-end=\"909\">Malgr\u00e9 le durcissement mon\u00e9taire, la demande de <strong data-start=\"862\" data-end=\"892\">cr\u00e9dit bancaire en Tunisie<\/strong> ne ralentit pas.<\/p>\n<p data-start=\"911\" data-end=\"1026\">Pourquoi ?<br data-start=\"921\" data-end=\"924\" \/>Parce que l\u2019endettement ne finance plus seulement l\u2019investissement. Il finance la survie du quotidien.<\/p>\n<h2 data-start=\"1033\" data-end=\"1091\">R\u00e9partition des cr\u00e9dits : l\u2019immobilier domine largement<\/h2>\n<h3 data-start=\"1093\" data-end=\"1137\">Cr\u00e9dits logement : le pilier de la dette<\/h3>\n<ul data-start=\"1139\" data-end=\"1269\">\n<li data-start=\"1139\" data-end=\"1208\">\n<p data-start=\"1141\" data-end=\"1208\"><strong data-start=\"1141\" data-end=\"1178\">Achat \/ construction de logements<\/strong> : 13 326 millions de dinars<\/p>\n<\/li>\n<li data-start=\"1209\" data-end=\"1269\">\n<p data-start=\"1211\" data-end=\"1269\"><strong data-start=\"1211\" data-end=\"1239\">Am\u00e9nagement \/ r\u00e9novation<\/strong> : 11 270 millions de dinars<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1271\" data-end=\"1321\">&#x27a1; Total immobilier : <strong data-start=\"1292\" data-end=\"1321\">24 596 millions de dinars<\/strong><\/p>\n<p data-start=\"1323\" data-end=\"1414\">L\u2019immobilier repr\u00e9sente \u00e0 lui seul plus des trois quarts de l\u2019encours bancaire des m\u00e9nages.<\/p>\n<p data-start=\"1416\" data-end=\"1554\">Dans un contexte d\u2019inflation persistante et de hausse des mat\u00e9riaux, acc\u00e9der \u00e0 la propri\u00e9t\u00e9 sans levier bancaire devient quasi impossible.<\/p>\n<h3 data-start=\"1561\" data-end=\"1624\">Cr\u00e9dits \u00e0 la consommation : pression sur le pouvoir d\u2019achat<\/h3>\n<ul data-start=\"1626\" data-end=\"1803\">\n<li data-start=\"1626\" data-end=\"1681\">\n<p data-start=\"1628\" data-end=\"1681\"><strong data-start=\"1628\" data-end=\"1652\">Cr\u00e9dits consommation<\/strong> : 5 410 millions de dinars<\/p>\n<\/li>\n<li data-start=\"1682\" data-end=\"1734\">\n<p data-start=\"1684\" data-end=\"1734\"><strong data-start=\"1684\" data-end=\"1707\">Cr\u00e9dits automobiles<\/strong> : 334 millions de dinars<\/p>\n<\/li>\n<li data-start=\"1735\" data-end=\"1803\">\n<p data-start=\"1737\" data-end=\"1803\"><strong data-start=\"1737\" data-end=\"1775\">Financement des \u00e9tudes sup\u00e9rieures<\/strong> : 14,9 millions de dinars<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1805\" data-end=\"1874\">Contrairement \u00e0 certaines id\u00e9es re\u00e7ues, l\u2019automobile reste marginale.<\/p>\n<p data-start=\"1876\" data-end=\"2017\">La consommation, en revanche, progresse. Elle traduit un glissement : le cr\u00e9dit sert \u00e0 compenser l\u2019\u00e9rosion du <strong data-start=\"1986\" data-end=\"2016\">pouvoir d\u2019achat en Tunisie<\/strong>.<\/p>\n<h2 data-start=\"2024\" data-end=\"2063\">Une d\u00e9pendance g\u00e9n\u00e9ralis\u00e9e au cr\u00e9dit<\/h2>\n<p data-start=\"2065\" data-end=\"2151\">Une enqu\u00eate de l\u2019<span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Institut national de la consommation<\/span><\/span> (INC) dresse un constat clair :<\/p>\n<ul data-start=\"2153\" data-end=\"2358\">\n<li data-start=\"2153\" data-end=\"2212\">\n<p data-start=\"2155\" data-end=\"2212\"><strong data-start=\"2155\" data-end=\"2175\">70 % des m\u00e9nages<\/strong> ont une seule source d\u2019endettement<\/p>\n<\/li>\n<li data-start=\"2213\" data-end=\"2237\">\n<p data-start=\"2215\" data-end=\"2237\"><strong data-start=\"2215\" data-end=\"2223\">20 %<\/strong> en ont deux<\/p>\n<\/li>\n<li data-start=\"2238\" data-end=\"2281\">\n<p data-start=\"2240\" data-end=\"2281\"><strong data-start=\"2240\" data-end=\"2248\">10 %<\/strong> cumulent trois sources ou plus<\/p>\n<\/li>\n<li data-start=\"2282\" data-end=\"2358\">\n<p data-start=\"2284\" data-end=\"2358\"><strong data-start=\"2284\" data-end=\"2311\">1,8 million de familles<\/strong> ne peuvent pas vivre sans recourir au cr\u00e9dit<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2360\" data-end=\"2382\">Plus frappant encore :<\/p>\n<ul data-start=\"2384\" data-end=\"2528\">\n<li data-start=\"2384\" data-end=\"2451\">\n<p data-start=\"2386\" data-end=\"2451\"><strong data-start=\"2386\" data-end=\"2408\">6 Tunisiens sur 10<\/strong> sont r\u00e9guli\u00e8rement en d\u00e9couvert bancaire<\/p>\n<\/li>\n<li data-start=\"2452\" data-end=\"2528\">\n<p data-start=\"2454\" data-end=\"2528\"><strong data-start=\"2454\" data-end=\"2462\">30 %<\/strong> ignorent le co\u00fbt r\u00e9el des int\u00e9r\u00eats appliqu\u00e9s sur ces d\u00e9couverts<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2530\" data-end=\"2583\">Le d\u00e9couvert est trait\u00e9 comme un pr\u00eat. Avec int\u00e9r\u00eats.<\/p>\n<h2 data-start=\"2590\" data-end=\"2640\">Classe moyenne fragilis\u00e9e : un recul historique<\/h2>\n<p data-start=\"2642\" data-end=\"2745\">Les estimations du <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Forum tunisien des droits \u00e9conomiques et sociaux<\/span><\/span> (FTDES) montrent une transformation profonde :<\/p>\n<ul data-start=\"2747\" data-end=\"2853\">\n<li data-start=\"2747\" data-end=\"2800\">\n<p data-start=\"2749\" data-end=\"2800\"><strong data-start=\"2749\" data-end=\"2757\">1984<\/strong> : classe moyenne = 84 % de la population<\/p>\n<\/li>\n<li data-start=\"2801\" data-end=\"2820\">\n<p data-start=\"2803\" data-end=\"2820\"><strong data-start=\"2803\" data-end=\"2811\">2010<\/strong> : 70 %<\/p>\n<\/li>\n<li data-start=\"2821\" data-end=\"2853\">\n<p data-start=\"2823\" data-end=\"2853\"><strong data-start=\"2823\" data-end=\"2838\">Aujourd\u2019hui<\/strong> : environ 30 %<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2855\" data-end=\"2882\">La contraction est brutale.<\/p>\n<p data-start=\"2884\" data-end=\"2926\">Selon le conseiller fiscal Anis Ben Sa\u00efd :<\/p>\n<ul data-start=\"2928\" data-end=\"3116\">\n<li data-start=\"2928\" data-end=\"3046\">\n<p data-start=\"2930\" data-end=\"3046\">Une famille de 4 \u00e0 5 personnes doit d\u00e9penser <strong data-start=\"2975\" data-end=\"3008\">environ 4 000 dinars par mois<\/strong> pour couvrir ses besoins essentiels<\/p>\n<\/li>\n<li data-start=\"3047\" data-end=\"3116\">\n<p data-start=\"3049\" data-end=\"3116\">Pression fiscale : proche du double de la moyenne africaine (\u224816 %)<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"3118\" data-end=\"3172\">R\u00e9sultat : le cr\u00e9dit devient un outil de compensation.<\/p>\n<h2 data-start=\"3179\" data-end=\"3234\">Inflation et pression sociale : une spirale \u00e0 risque<\/h2>\n<p data-start=\"3236\" data-end=\"3322\">Une \u00e9tude de l\u2019Observatoire de protection du consommateur et du contribuable indique :<\/p>\n<ul data-start=\"3324\" data-end=\"3541\">\n<li data-start=\"3324\" data-end=\"3390\">\n<p data-start=\"3326\" data-end=\"3390\"><strong data-start=\"3326\" data-end=\"3347\">50 % des salari\u00e9s<\/strong> \u00e9puisent leur revenu avant le 13 du mois<\/p>\n<\/li>\n<li data-start=\"3391\" data-end=\"3445\">\n<p data-start=\"3393\" data-end=\"3445\"><strong data-start=\"3393\" data-end=\"3414\">17 % des familles<\/strong> ne consomment plus de viande<\/p>\n<\/li>\n<li data-start=\"3446\" data-end=\"3541\">\n<p data-start=\"3448\" data-end=\"3541\"><strong data-start=\"3448\" data-end=\"3456\">38 %<\/strong> cherchent des circuits producteur-consommateur pour r\u00e9duire les co\u00fbts alimentaires<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"3543\" data-end=\"3651\">L\u2019<strong data-start=\"3545\" data-end=\"3569\">inflation en Tunisie<\/strong> n\u2019a pas seulement r\u00e9duit le confort. Elle a modifi\u00e9 les comportements financiers.<\/p>\n<p data-start=\"3653\" data-end=\"3696\">Selon le sociologue Bela\u00efd Ouled Abdallah :<\/p>\n<ul data-start=\"3698\" data-end=\"3780\">\n<li data-start=\"3698\" data-end=\"3780\">\n<p data-start=\"3700\" data-end=\"3780\">Les difficult\u00e9s financi\u00e8res seraient \u00e0 l\u2019origine d\u2019environ <strong data-start=\"3759\" data-end=\"3780\">25 % des divorces<\/strong><\/p>\n<\/li>\n<\/ul>\n<p data-start=\"3782\" data-end=\"3886\">L\u2019endettement n\u2019est plus uniquement un indicateur financier.<br data-start=\"3842\" data-end=\"3845\" \/>Il devient un facteur de tension sociale.<\/p>\n<h2 data-start=\"3893\" data-end=\"3931\">Ce que les chiffres ne montrent pas<\/h2>\n<p data-start=\"3933\" data-end=\"3997\">Les 30 milliards de dinars ne couvrent que les dettes bancaires.<\/p>\n<p data-start=\"3999\" data-end=\"4013\">Ils excluent :<\/p>\n<ul data-start=\"4015\" data-end=\"4201\">\n<li data-start=\"4015\" data-end=\"4038\">\n<p data-start=\"4017\" data-end=\"4038\">Avances sur salaire<\/p>\n<\/li>\n<li data-start=\"4039\" data-end=\"4069\">\n<p data-start=\"4041\" data-end=\"4069\">Pr\u00eats des caisses sociales<\/p>\n<\/li>\n<li data-start=\"4070\" data-end=\"4100\">\n<p data-start=\"4072\" data-end=\"4100\">Mutuelles professionnelles<\/p>\n<\/li>\n<li data-start=\"4101\" data-end=\"4132\">\n<p data-start=\"4103\" data-end=\"4132\">Fonds sociaux d\u2019entreprises<\/p>\n<\/li>\n<li data-start=\"4133\" data-end=\"4158\">\n<p data-start=\"4135\" data-end=\"4158\">Vente par temp\u00e9rament<\/p>\n<\/li>\n<li data-start=\"4159\" data-end=\"4201\">\n<p data-start=\"4161\" data-end=\"4201\">Endettement informel aupr\u00e8s de proches<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"4203\" data-end=\"4276\">La r\u00e9alit\u00e9 est donc probablement sup\u00e9rieure aux statistiques officielles.<\/p>\n<h2 data-start=\"4283\" data-end=\"4352\">Risque syst\u00e9mique ou ajustement temporaire ?<\/h2>\n<p data-start=\"4354\" data-end=\"4382\">Trois signaux \u00e0 surveiller :<\/p>\n<ol data-start=\"4384\" data-end=\"4532\">\n<li data-start=\"4384\" data-end=\"4449\">\n<p data-start=\"4387\" data-end=\"4449\"><strong data-start=\"4387\" data-end=\"4417\">Taux de d\u00e9faut de paiement<\/strong> si la croissance reste faible<\/p>\n<\/li>\n<li data-start=\"4450\" data-end=\"4491\">\n<p data-start=\"4453\" data-end=\"4491\"><strong data-start=\"4453\" data-end=\"4489\">Hausse des contentieux bancaires<\/strong><\/p>\n<\/li>\n<li data-start=\"4492\" data-end=\"4532\">\n<p data-start=\"4495\" data-end=\"4532\"><strong data-start=\"4495\" data-end=\"4532\">Pression sur la stabilit\u00e9 sociale<\/strong><\/p>\n<\/li>\n<\/ol>\n<p data-start=\"4534\" data-end=\"4635\">Tant que le revenu r\u00e9el stagne et que les prix augmentent, la dynamique d\u2019endettement restera active.<\/p>\n<p data-start=\"4637\" data-end=\"4700\">La question n\u2019est plus :<br data-start=\"4661\" data-end=\"4664\" \/>\u201cPourquoi les m\u00e9nages s\u2019endettent ?\u201d<\/p>\n<p data-start=\"4702\" data-end=\"4807\">La vraie question est :<br data-start=\"4725\" data-end=\"4728\" \/>\u201cComment sortir d\u2019un mod\u00e8le o\u00f9 le cr\u00e9dit compense la baisse du niveau de vie ?\u201d<\/p>\n<h2 data-start=\"4814\" data-end=\"4827\"><strong data-start=\"92\" data-end=\"141\">Une bombe \u00e0 retardement sociale et financi\u00e8re<\/strong><\/h2>\n<p data-start=\"4829\" data-end=\"4911\">L\u2019<strong data-start=\"4831\" data-end=\"4869\">endettement des m\u00e9nages en Tunisie<\/strong> d\u00e9passe d\u00e9sormais 30 milliards de dinars.<\/p>\n<p data-start=\"4913\" data-end=\"5009\">Ce chiffre n\u2019est pas un accident statistique.<br data-start=\"4958\" data-end=\"4961\" \/>C\u2019est le sympt\u00f4me d\u2019un d\u00e9s\u00e9quilibre structurel :<\/p>\n<ul data-start=\"5011\" data-end=\"5114\">\n<li data-start=\"5011\" data-end=\"5044\">\n<p data-start=\"5013\" data-end=\"5044\">pouvoir d\u2019achat sous pression<\/p>\n<\/li>\n<li data-start=\"5045\" data-end=\"5078\">\n<p data-start=\"5047\" data-end=\"5078\">classe moyenne en contraction<\/p>\n<\/li>\n<li data-start=\"5079\" data-end=\"5114\">\n<p data-start=\"5081\" data-end=\"5114\">cr\u00e9dit devenu filet de s\u00e9curit\u00e9<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"5116\" data-end=\"5243\">Tant que ces variables ne s\u2019inversent pas, la dette des particuliers continuera de progresser, m\u00eame \u00e0 des taux \u00e0 deux chiffres.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>En 2025, l\u2019endettement des m\u00e9nages en Tunisie franchit un seuil symbolique. 30,464 milliards de dinars. 442 millions de dinars en un an. Les chiffres publi\u00e9s par la Banque centrale de Tunisie (BCT) confirment une tendance lourde : malgr\u00e9 des taux d\u2019int\u00e9r\u00eat d\u00e9passant 10 %, les particuliers continuent d\u2019emprunter massivement. Ce n\u2019est plus un ph\u00e9nom\u00e8ne conjoncturel. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":69075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"30 milliards de dinars de dettes : la Tunisie bascule dans l\u2019\u00e9conomie \u00e0 cr\u00e9dit","_seopress_titles_desc":"Endettement des m\u00e9nages en Tunisie d\u00e9passe 30 milliards de dinars en 2025. Cr\u00e9dit, inflation, pouvoir d\u2019achat et classe moyenne sous pression.","_seopress_robots_index":"","footnotes":""},"categories":[61],"tags":[],"class_list":{"0":"post-69072","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"_links":{"self":[{"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/posts\/69072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/comments?post=69072"}],"version-history":[{"count":0,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/posts\/69072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/media\/69075"}],"wp:attachment":[{"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/media?parent=69072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/categories?post=69072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/plumeseconomiques.com\/fr\/wp-json\/wp\/v2\/tags?post=69072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}