Taxes less subsidies on products (current US$), annual growth rate in Libya
Libya: Taxes less subsidies on products (current US$), annual growth rate was 61.03 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Libya, 2007–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, taxes less subsidies on products (current us$), annual growth rate in Libya stood at 61.03 % change on previous year. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 23,968.9% on the previous year and up 30.0% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Libya peaked at 61.03 % change on previous year in 2025 and was at its lowest, -52.06 % change on previous year, in 2012.
That places Libya 5th out of 197 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | -27.49 % change on previous year | — |
| 2008 | -19.02 % change on previous year | -30.8% |
| 2009 | 34.74 % change on previous year | -282.6% |
| 2010 | -29.12 % change on previous year | -183.8% |
| 2011 | -17.32 % change on previous year | -40.5% |
| 2012 | -52.06 % change on previous year | +200.5% |
| 2013 | -2.69 % change on previous year | -94.8% |
| 2014 | 20.1 % change on previous year | -846.6% |
| 2015 | 46.95 % change on previous year | +133.6% |
| 2016 | 27.36 % change on previous year | -41.7% |
| 2017 | -11.79 % change on previous year | -143.1% |
| 2018 | -14.87 % change on previous year | +26.2% |
| 2019 | -16.36 % change on previous year | +10.0% |
| 2020 | 28.62 % change on previous year | -274.9% |
| 2021 | 20.8 % change on previous year | -27.3% |
| 2022 | 30.94 % change on previous year | +48.7% |
| 2023 | 7.26 % change on previous year | -76.5% |
| 2024 | -0.2557 % change on previous year | -103.5% |
| 2025 | 61.03 % change on previous year | -23968.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.93 % change on previous year | -27.49 % change on previous year | 34.74 % change on previous year | 3 |
| 2010s | -4.98 % change on previous year | -52.06 % change on previous year | 46.95 % change on previous year | 10 |
| 2020s | 24.73 % change on previous year | -0.2557 % change on previous year | 61.03 % change on previous year | 6 |
Countries ranked near Libya
- 2 Suriname 114.88 % change on previous year compare
- 3 Equatorial Guinea 97.86 % change on previous year compare
- 4 Angola 73.81 % change on previous year compare
- 6 Micronesia, Federated States of 54.59 % change on previous year compare
- 7 Sri Lanka 46.16 % change on previous year compare
- 8 Lebanon 43.63 % change on previous year compare
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Services, value added (current US$), annual growth rate -5.8 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.2691 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,735 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.42 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.43 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 9,207 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 7.16 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5912 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Libya?
- Taxes less subsidies on products (current us$), annual growth rate in Libya was 61.03 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Libya?
- The highest recorded value was 61.03 % change on previous year in 2025.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Libya?
- The lowest recorded value was -52.06 % change on previous year in 2012.
- How does Libya rank for taxes less subsidies on products (current us$), annual growth rate?
- Libya ranks 5th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Libya?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.