Kuwait vs Libya: Taxes less subsidies on products (current LCU), per unit of GDP

Kuwait
-0.023 current LCU per US$ of GDP
in 2025
Libya
-0.0882 current LCU per US$ of GDP
in 2025
Kuwait rank
195th
Libya rank
197th

Taxes less subsidies on products (current LCU), per unit of GDP over time

  • Kuwait
  • Libya
-0.4-0.3-0.2-0.1-0199520102025

How they compare

Kuwait currently reports -0.023 current LCU per US$ of GDP against -0.0882 current LCU per US$ of GDP in Libya, a difference of 0.0652 current LCU per US$ of GDP.

Across all 20 years both countries report, Kuwait has been ahead every year.

Kuwait ranks 195th and Libya ranks 197th of 197 countries.

Kuwait has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Kuwait Libya Difference Ahead
2000s 0.0018 current LCU per US$ of GDP -0.1145 current LCU per US$ of GDP 0.1162 current LCU per US$ of GDP Kuwait
2010s -0.0216 current LCU per US$ of GDP -0.1441 current LCU per US$ of GDP 0.1225 current LCU per US$ of GDP Kuwait
2020s -0.0213 current LCU per US$ of GDP -0.2151 current LCU per US$ of GDP 0.1938 current LCU per US$ of GDP Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current lcu), per unit of gdp, Kuwait or Libya?
Kuwait, at -0.023 current LCU per US$ of GDP against -0.0882 current LCU per US$ of GDP in Libya as of 2025.
What is the difference in taxes less subsidies on products (current lcu), per unit of gdp between Kuwait and Libya?
0.0652 current LCU per US$ of GDP, with Kuwait ahead.
How many years of comparable data are there for Kuwait and Libya?
20 years are reported by both, from 2006 to 2025.
How do Kuwait and Libya rank globally for taxes less subsidies on products (current lcu), per unit of gdp?
Kuwait ranks 195th and Libya ranks 197th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kuwait vs Libya: Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu-per-unit-of-gdp/kuwait/libya/

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About this data

Indicator
Taxes less subsidies on products (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.