Kuwait vs Libya: Taxes less subsidies on products

Kuwait
-3.61 billion current LCU
in 2025
Libya
-4.24 billion current LCU
in 2025
Kuwait rank
196th
Libya rank
197th

Taxes less subsidies on products over time

  • Kuwait
  • Libya
-15.0B-10.0B-5.0B0199520102025

How they compare

Kuwait currently reports -3.61 billion current LCU against -4.24 billion current LCU in Libya, a difference of 627.07 million current LCU.

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

Kuwait ranks 196th 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 204.10 million current LCU -7.89 billion current LCU 8.09 billion current LCU Kuwait
2010s -3.05 billion current LCU -9.42 billion current LCU 6.36 billion current LCU Kuwait
2020s -3.25 billion current LCU -9.10 billion current LCU 5.85 billion current LCU Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Kuwait or Libya?
Kuwait, at -3.61 billion current LCU against -4.24 billion current LCU in Libya as of 2025.
What is the difference in taxes less subsidies on products between Kuwait and Libya?
627.07 million current LCU, 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?
Kuwait ranks 196th and Libya ranks 197th of 197 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current LCU). 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. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 24 August 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu/kuwait/libya/

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About this data

Indicator
Taxes less subsidies on products (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,448 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.