Taxes less subsidies on products in Libya
Libya: Taxes less subsidies on products was -799.24 million current US$ in 2025. β Volatile
Taxes less subsidies on products in Libya, 2006β2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, taxes less subsidies on products in Libya stood at -799.24 million current US$. That is the highest value across all 20 years on record.
That represents a change of up 61.0% on the previous year and up 84.6% over ten years.
Over the whole period, taxes less subsidies on products in Libya peaked at -799.24 million current US$ in 2025 and was at its lowest, -12.28 billion current US$, in 2013.
Libya ranks 197th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.27 billion current US$ | -7.95 billion current US$ | -5.19 billion current US$ | 4 |
| 2010s | -7.23 billion current US$ | -12.28 billion current US$ | -3.78 billion current US$ | 10 |
| 2020s | -2.39 billion current US$ | -4.03 billion current US$ | -799.24 million current US$ | 6 |
Countries ranked near Libya
More economy & growth data for Libya
- External balance on goods and services as a percent of gdp 5.77 (2025)
- Inflation of consumer prices 1.84 (2025)
- Gdp per capita worldbank constant usd 8,634 (2025)
- Manufacturing value added to gdp 2.81 (2017)
- Gdp worldbank constant usd 64.40 billion (2025)
- Gdp per capita in international and market dollars 8,634 (2025)
- DEC alternative conversion factor 5.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -22.55 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.25 billion current US$ (2025)
- Taxes less subsidies on products -4.24 billion current LCU (2025)
Frequently asked questions
- What is taxes less subsidies on products in Libya?
- Taxes less subsidies on products in Libya was -799.24 million current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Libya?
- The highest recorded value was -799.24 million current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Libya?
- The lowest recorded value was -12.28 billion current US$ in 2013.
- How does Libya rank for taxes less subsidies on products?
- Libya ranks 197th out of 198 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Libya?
- Over the last ten years it is up 84.6%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
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 indicator is expressed in United States dollars.