Taxes less subsidies on products in Libya
Libya: Taxes less subsidies on products was -799.24 million current US$ in 2025. ◆ Volatile
Taxes less subsidies on products in Libya, 2006–2025
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
- Industry (including construction), value added 73.2% (2025)
- Gross national expenditure 50.86 billion constant 2015 US$ (2025)
- Services, value added 12.94 billion current US$ (2025)
- Gross national expenditure 77.5% (2025)
- Exports of goods and services 34.49 billion current US$ (2025)
- Exports of goods and services 182.99 billion current LCU (2025)
- Exports of goods and services 22.63 billion constant 2015 US$ (2025)
- Exports of goods and services 19.1% (2025)
- Gross fixed capital formation 8.6% (2025)
- Gross fixed capital formation 7.95 billion constant 2015 US$ (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.