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Tax Revenues Climb to Record Levels in Libya

February 25, 2026
Tax Revenues Climb to Record Levels in Libya
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Libya’s Libyan Tax Authority has announced that it achieved its highest annual revenue since its establishment, with collections in 2025 reaching 3.98 billion Libyan dinars.

In a press statement issued on Wednesday, the authority said the figure marked a record performance, bringing total revenues close to the four-billion-dinar threshold. The milestone reflects improved collection mechanisms and expanded compliance efforts across different regions of the country.

According to the statement, the western region led revenue generation, contributing 2.84 billion dinars to the state treasury during the year. The eastern and southern regions together recorded revenues amounting to 1.14 billion dinars.

The authority indicated that the increase was the result of strengthened oversight, enhanced digital systems and closer coordination with financial and commercial institutions. It added that reforms aimed at improving transparency and streamlining procedures had helped boost efficiency and limit tax evasion.

Observers described the achievement as a significant step towards supporting Libya’s public finances, particularly at a time when the national budget remains heavily reliant on oil revenues. Diversifying state income sources through stronger non-oil revenue collection has been a long-standing objective of economic policymakers.

The Libyan Tax Authority reaffirmed its commitment to continuing institutional reforms and modernisation initiatives in order to sustain revenue growth and reinforce trust between taxpayers and the state.

Tags: economylibyaTax AuthorityTaxes
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