Libya vs Venezuela: Taxes less subsidies on products (current US$), per unit of GDP (unit)

Libya
-0.0166 current US$ per US$ of GDP
in 2025
Venezuela
0 current US$ per US$ of GDP
in 2011
Libya rank
194th
Venezuela rank
191st

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

  • Libya
  • Venezuela
-0.15-0.1-0.05-00.05196819962025

How they compare

Venezuela currently reports 0 current US$ per US$ of GDP against -0.0166 current US$ per US$ of GDP in Libya, a difference of 0.0166 current US$ per US$ of GDP.

Across all 6 years both countries report, Venezuela has been ahead every year.

Libya ranks 194th and Venezuela ranks 191st of 197 countries.

Venezuela has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Libya Venezuela Difference Ahead
2000s -0.0906 current US$ per US$ of GDP 0 current US$ per US$ of GDP 0.0906 current US$ per US$ of GDP Venezuela
2010s -0.1261 current US$ per US$ of GDP 0 current US$ per US$ of GDP 0.1261 current US$ per US$ of GDP Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current us$), per unit of gdp, Libya or Venezuela?
Venezuela, at 0 current US$ per US$ of GDP against -0.0166 current US$ per US$ of GDP in Libya as of 2011.
What is the difference in taxes less subsidies on products (current us$), per unit of gdp between Libya and Venezuela?
0.0166 current US$ per US$ of GDP, with Venezuela ahead.
How many years of comparable data are there for Libya and Venezuela?
6 years are reported by both, from 2006 to 2011.
How do Libya and Venezuela rank globally for taxes less subsidies on products (current us$), per unit of gdp?
Libya ranks 194th and Venezuela ranks 191st of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Libya vs Venezuela: Taxes less subsidies on products (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 07 November 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/libya/venezuela-rb/

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About this data

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