Paying taxes: Profit tax in Libya
Libya: Paying taxes: Profit tax was 22.1% in 2019. ▬ Flat
Latest (2019)
22.1%
Change on year
unchanged
World rank
47th
of 190 countries
All-time high
22.1%
in 2012
All-time low
22.1%
in 2012
Years of data
8
2012–2019
Paying taxes: Profit tax in Libya, 2012–2019
Source: World Bank. Measured in % of profits.
Analysis
In 2019, paying taxes: profit tax in Libya stood at 22.1%. That is the highest value across all 8 years on record.
That represents a change of unchanged over ten years.
Libya ranks 47th of 190 countries on this measure, in the top quarter.
Paying taxes: Profit tax in Libya, year by year
| Year | % of profits | Change |
|---|---|---|
| 2012 | 22.1% | — |
| 2013 | 22.1% | +0.0% |
| 2014 | 22.1% | +0.0% |
| 2015 | 22.1% | +0.0% |
| 2016 | 22.1% | +0.0% |
| 2017 | 22.1% | +0.0% |
| 2018 | 22.1% | +0.0% |
| 2019 | 22.1% | +0.0% |
Countries ranked near Libya
More reference data data for Libya
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0637 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.56 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.03 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.021 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.03 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2136 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0873 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.82 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 7.82 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1144 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Libya?
- Paying taxes: profit tax in Libya was 22.1% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Libya?
- The highest recorded value was 22.1% in 2012.
- What is the lowest paying taxes: profit tax recorded in Libya?
- The lowest recorded value was 22.1% in 2012.
- How does Libya rank for paying taxes: profit tax?
- Libya ranks 47th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Libya?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Libya data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.