Taxes on incomes of individuals and corporations as share of GDP in Libya
Libya: Taxes on incomes of individuals and corporations as share of GDP was 0.4% in 2012. ◆ Volatile
Taxes on incomes of individuals and corporations as share of GDP in Libya, 1997–2012
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
In 2012, taxes on incomes of individuals and corporations as share of gdp in Libya stood at 0.4%.
Compared with earlier readings it is down 45.2% on the previous year and down 77.3% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Libya peaked at 4.1% in 2009 and was at its lowest, 0.2%, in 2003.
Libya ranks 179th of 184 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on incomes of individuals and corporations as share of GDP in Libya, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 2.3% | — |
| 1998 | 2.6% | +11.4% |
| 1999 | 2.0% | -24.6% |
| 2000 | 1.7% | -15.1% |
| 2001 | 1.8% | +7.4% |
| 2002 | 1.9% | +5.4% |
| 2003 | 0.2% | -89.3% |
| 2004 | 0.7% | +244.6% |
| 2005 | 0.6% | -10.7% |
| 2006 | 0.9% | +40.9% |
| 2007 | 1.6% | +83.0% |
| 2008 | 2.6% | +64.2% |
| 2009 | 4.1% | +54.7% |
| 2010 | 2.4% | -42.1% |
| 2011 | 0.8% | -66.8% |
| 2012 | 0.4% | -45.2% |
Libya compared with similar countries
- Libya's 0.4% is below the median for upper middle income countries, which is 5.7%, 7% of the median. (54 countries reporting)
- Libya's 0.4% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.5%, 10% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.3% | 2.0% | 2.6% | 3 |
| 2000s | 1.6% | 0.2% | 4.1% | 10 |
| 2010s | 1.2% | 0.4% | 2.4% | 3 |
Countries ranked near Libya
- 176 Oman 1.1% compare
- 177 Central African Republic 1.1% compare
- 178 Saudi Arabia 1.0% compare
- 180 Kuwait 0.4% compare
- 181 Palestine, State of 0.4% compare
- 182 Sudan 0.4% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -56.51 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0012 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -7.66 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 794.70 million BoP, current US$ (2023)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.21 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0181 BoP, current US$ per US$ of GDP (2023)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.78 BoP, current US$ per person (2023)
- Total reserves (includes gold, current US$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is taxes on incomes of individuals and corporations as share of gdp in Libya?
- Taxes on incomes of individuals and corporations as share of gdp in Libya was 0.4% in 2012, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Libya?
- The highest recorded value was 4.1% in 2009.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Libya?
- The lowest recorded value was 0.2% in 2003.
- How does Libya rank for taxes on incomes of individuals and corporations as share of gdp?
- Libya ranks 179th out of 184 countries with data for 2012.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Libya?
- Over the last ten years it is down 77.3%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.