CU · AmericasLY · Africa
Cuba vs Libya: tax rates compared
Cuba's income tax rate is 40pp higher than Libya's (50% vs 10%). The 200-country average is 28%: Cuba sits above it, Libya sits below it. Cuba's figure is dated 2025-01-28 and Libya's 2026-05-31, so the two rates come from different data vintages.
Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CU | LY | Difference |
|---|---|---|---|
| Income Tax | 50% | 10% | CU +40 pplargest gap |
| Corporate Tax | 35% | 20% | CU +15 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cuba | 50% | Source: Ministerio de Economía y Planificación (Cuba) — "Pago de tributos en Cuba: Adecuaciones y compromisos para 2025" · as of 2025-01-28 |
| Libya | 10% | Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31 |
| Difference | +40 pp | Cuba higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cuba | 35% | 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 | +15 pp | Cuba higher |
Cuba's corporate tax rate is 15pp higher than Libya's (35% vs 20%). The 201-country average is 22.6%: Cuba sits above it, Libya sits below it.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.