LY · Africa ↔ PT · Europe

Libya vs Portugal: tax rates compared

Between the two, Portugal's corporate tax rate (30.5%) tops Libya's (20%) by 10.5pp. The 201-country average is 22.6%: Libya sits below it, Portugal sits above it.

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

Corporate Tax

0102030405060World avg 22.6%LY 20%PT 30.5%
Corporate Tax, side by side
CountryRateSource
Libya20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Portugal30.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10.5 ppPortugal higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%LY 0%PT 0%
Wealth Tax, side by side
CountryRateSource
Libya0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-31
Portugal0%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05
Difference0 ppdisplayed rates match

There's no gap here — Libya and Portugal both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.