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Hungary vs Libya: tax rates compared

Hungary's income tax rate is 5pp higher than Libya's (15% vs 10%). The 200-country average is 28%: both sit below it. Hungary'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

0102030405060Income10%15%Corporate9%20%VAT0%27%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax HU LYDifference
Income Tax15%10%HU +5 pp
Corporate Tax9%20%LY +11 pp
VAT27%0%HU +27 pplargest gap
Capital Gains Tax15%0%HU +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Hungary15%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Libya10%Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31
Difference+5 ppHungary higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hungary9%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−11 ppLibya higher

Libya's corporate tax rate is 11pp higher than Hungary's (20% vs 9%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Hungary27%Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31
Libya0%Source: PWC Worldwide Tax Summaries — Libya (Corporate, Other taxes) · as of 2026-05-31
Difference+27 ppHungary higher

Hungary's VAT rate is 27pp higher than Libya's (27% vs 0%). The 181-country average is 15%: Hungary sits above it, Libya sits below it. Hungary'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

Capital Gains Tax, side by side
CountryRateSource
Hungary15%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31
Libya0%Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31
Difference+15 ppHungary higher

Hungary's capital gains tax rate is 15pp higher than Libya's (15% vs 0%). The 175-country average is 10.3%: Hungary sits above it, Libya sits below it. Hungary's figure is dated 2025-12-31 and Libya's 2026-05-31, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Hungary0%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31
Libya0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-31
Difference0 ppdisplayed rates match

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