Minimum Wage in Libya: 450 Libyan dinars ($323) per month; the government heavily subsidizes rent and utilities.
Libya Minimum Wage Rates – ALL
|YEAR||MONTHLY (LYD)||MONTHLY (USD)|
Libya Average Annual Salary – 2019
Based on our survey average GROSS salary in Libya is LYD 72,691. Average NET salary is LYD 59,032.
1 LYD: 0.71 USD
|Human Resources Manager||LYD 106,833|
|Chartered Accountant||LYD 79,625|
|Electrical Engineer||LYD 46,400|
Facts and statistics about Libya
In Africa Libya is the fourth largest country and in the world it is the 17th largest. In North Africa the country Libya is located. Three historical regions are comprised by the country such as Cyrenaica in the east, Tripolitania in the northwest, and Fezzan in the southwest. It is bordered by Egypt on the east, by the Niger and Chad on the south, by the Mediterranean Sea on the north, and by Tunisia and Algeria on the west.
The climate of Libya is dominated by the arid, hot Sahara. It is also moderated by the Mediterranean Sea along the coastal littoral. The official language of the country is Arabic, which is spoken by almost all the Libyans.
|Area Total||1,759,541 km2|
|GDP (Nominal)||$50.984 billion|
|Currency||Libyan dinar (LYD)|