CM · AfricaLY · Africa
Cameroon vs Libya: tax rates compared
Cameroon has an income tax rate of 38.5%, 28.5pp above Libya's 10%. The 200-country average is 28%: Cameroon sits above it, Libya sits below it. Cameroon's figure is dated 2025-12-31 and Libya's 2026-05-31, so the two rates come from different data vintages.
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
| Tax | CM | LY | Difference |
|---|---|---|---|
| Income Tax | 38.5% | 10% | CM +28.5 pplargest gap |
| Corporate Tax | 33% | 20% | CM +13 pp |
| VAT | 19.3% | 0% | CM +19.3 pp |
| Capital Gains Tax | 16.5% | 0% | CM +16.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cameroon | 38.5% | Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Taxes on personal income) · as of 2025-12-31 |
| Libya | 10% | Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31 |
| Difference | +28.5 pp | Cameroon higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cameroon | 33% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Libya | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +13 pp | Cameroon higher |
Cameroon has a corporate tax rate of 33%, 13pp above Libya's 20%. The 201-country average is 22.6%: Cameroon sits above it, Libya sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cameroon | 19.3% | Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Corporate, Other taxes) · as of 2025-12-31 |
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Libya (Corporate, Other taxes) · as of 2026-05-31 |
| Difference | +19.3 pp | Cameroon higher |
Cameroon has a VAT rate of 19.3%, 19.3pp above Libya's 0%. The 181-country average is 15%: Cameroon sits above it, Libya sits below it. Cameroon's figure is dated 2025-12-31 and Libya's 2026-05-31, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cameroon | 16.5% | Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Income determination) · as of 2025-12-31 |
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31 |
| Difference | +16.5 pp | Cameroon higher |
Cameroon has a capital gains tax rate of 16.5%, 16.5pp above Libya's 0%. The 175-country average is 10.3%: Cameroon sits above it, Libya sits below it. Cameroon's figure is dated 2025-12-31 and Libya's 2026-05-31, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cameroon | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31 |
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-31 |
| Difference | 0 pp | displayed rates match |
Cameroon and Libya share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Cameroon's figure is dated 2025-12-31 and Libya's 2026-05-31, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.