BY · EuropeLY · Africa

Belarus vs Libya: tax rates compared

Belarus's income tax rate is 20pp higher than Libya's (30% vs 10%). The 200-country average is 28%: Belarus sits above it, Libya sits below it.

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

At a glance

0102030405060Income10%30%Corporate20%25%VAT0%20%Capital Gains0%13%
four shared taxes, side by side
Tax BY LYDifference
Income Tax30%10%BY +20 pplargest gap
Corporate Tax25%20%BY +5 pp
VAT20%0%BY +20 pp
Capital Gains Tax13%0%BY +13 pp

Income Tax

Income Tax, side by side
CountryRateSource
Belarus30%Source: Official Internet Portal of the President of the Republic of Belarus — "Aleksandr Lukashenko approves changes to tax legislation" · as of 2026-01-01
Libya10%Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31
Difference+20 ppBelarus higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belarus25%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 ppBelarus higher

Belarus's corporate tax rate is 5pp higher than Libya's (25% vs 20%). The 201-country average is 22.6%: Belarus sits above it, Libya sits below it.

VAT

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

Capital Gains Tax

Belarus's capital gains tax rate is 13pp higher than Libya's (13% vs 0%). The 175-country average is 10.3%: Belarus sits above it, Libya sits below it.

Not covered for both countries yet: Crypto Tax, Wealth Tax.