GR · EuropeLY · Africa
Greece vs Libya: tax rates compared
Greece has an income tax rate of 44%, 34pp above Libya's 10%. The 200-country average is 28%: Greece sits above it, Libya sits below it. Greece's figure is dated 2025-01-01 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 | GR | LY | Difference |
|---|---|---|---|
| Income Tax | 44% | 10% | GR +34 pplargest gap |
| Corporate Tax | 22% | 20% | GR +2 pp |
| VAT | 24% | 0% | GR +24 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 44% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Libya | 10% | Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31 |
| Difference | +34 pp | Greece higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 22% | 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 | +2 pp | Greece higher |
Greece has a corporate tax rate of 22%, 2pp above Libya's 20%. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Greece | 24% | Source: PWC Worldwide Tax Summaries — Greece (Corporate, Other taxes) · as of 2026-02-16 |
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Libya (Corporate, Other taxes) · as of 2026-05-31 |
| Difference | +24 pp | Greece higher |
Greece has a VAT rate of 24%, 24pp above Libya's 0%. The 181-country average is 15%: Greece sits above it, Libya sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 0% | Source: PWC Worldwide Tax Summaries — Greece (Individual, Income determination) · as of 2026-02-16 |
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31 |
| Difference | 0 pp | displayed rates match |
Greece and Libya share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-16 |
| 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 |
Greece and Libya share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.