AL · EuropeLY · Africa

Albania vs Libya: tax rates compared

Albania's income tax rate is 13pp higher than Libya's (23% vs 10%). The 200-country average is 28%: both sit below it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income10%23%Corporate15%20%VAT0%20%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax AL LYDifference
Income Tax23%10%AL +13 pp
Corporate Tax15%20%LY +5 pp
VAT20%0%AL +20 pplargest gap
Capital Gains Tax15%0%AL +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Albania23%Source: PWC Worldwide Tax Summaries — Albania (Individual, Taxes on personal income) · as of 2026-02-19
Libya10%Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31
Difference+13 ppAlbania higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Albania15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Libya20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppLibya higher

Libya's corporate tax rate is 5pp higher than Albania's (20% vs 15%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Albania20%Source: PWC Worldwide Tax Summaries — Albania (Corporate, Other taxes) · as of 2026-02-19
Libya0%Source: PWC Worldwide Tax Summaries — Libya (Corporate, Other taxes) · as of 2026-05-31
Difference+20 ppAlbania higher

Albania's VAT rate is 20pp higher than Libya's (20% vs 0%). The 181-country average is 15%: Albania sits above it, Libya sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Albania15%Source: PWC Worldwide Tax Summaries — Albania (Individual, Income determination) · as of 2026-02-19
Libya0%Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31
Difference+15 ppAlbania higher

Albania's capital gains tax rate is 15pp higher than Libya's (15% vs 0%). The 175-country average is 10.3%: Albania sits above it, Libya sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Albania0%Source: PWC Worldwide Tax Summaries — Albania (Net wealth/worth tax rates) · as of 2026-02-19
Libya0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-31
Difference0 ppdisplayed rates match

Albania's wealth tax rate is identical to Libya's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.