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

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

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

  • Libya
  • Venezuela, Bolivarian Republic of
-0.15-0.1-0.05-00.05196819962025

How they compare

Venezuela, Bolivarian Republic of 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, Bolivarian Republic of has been ahead every year.

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

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

Head to head by decade

Decade Libya Venezuela, Bolivarian Republic of 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, Bolivarian Republic of
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, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current us$), per unit of gdp, Libya or Venezuela, Bolivarian Republic of?
Venezuela, Bolivarian Republic of, at 0 current US$ 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$), per unit of gdp between Libya and Venezuela, Bolivarian Republic of?
0.0166 current US$ per US$ of GDP, with Venezuela, Bolivarian Republic of ahead.
How many years of comparable data are there for Libya and Venezuela, Bolivarian Republic of?
6 years are reported by both, from 2006 to 2011.
How do Libya and Venezuela, Bolivarian Republic of rank globally for taxes less subsidies on products (current us$), per unit of gdp?
Libya ranks 194th and Venezuela, Bolivarian Republic of ranks 191st of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current US$), 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, Bolivarian Republic of: Taxes less subsidies on products (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 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.