Libya
#59 globallyAfricaAverage salary: $9,000/year · Currency: LYD LD
Mean Annual Salary
$9,000
gross USD
Median Annual Salary
$7,000
gross USD
GDP per Capita
$6,890
current USD
PPP Factor
×0.38
vs USD base
Tax Breakdown at Median Salary
EstimatedTake-Home (Net) Annual
$5,600
Effective Tax Rate
20.0%
* Based on median salary of $7,000. Estimated combined rate. Consult a tax professional for accurate calculations.
Estimated Salaries by Job in Libya
Surgeon
Psychiatrist
Doctor / Physician
Investment Banker
Cloud Architect
AI/ML Engineer
Dentist
Judge
Product Manager
Actuary
* Estimates based on global median · actual salaries vary
🇱🇾 Libya Economic Overview
Currency
LYD (LD)
Region
Africa
Population
7.0M
Gini Coefficient
0.360
Cost of Living Index
38 (US=100)
Tax Data Available
Estimated
Salary vs Global Benchmarks
Global Ranking
out of 117 countries
by average salary
About Salaries in Libya
The average annual salary in Libya is approximately $9,000 (gross, in USD), with a median of $7,000. The country ranks #59 out of 117 countries by average salary.
At the median salary, workers in Libya take home approximately $5,600 after taxes — an effective tax rate of 20.0%. The purchasing power parity factor of ×0.38 means that in real terms, living costs are lower than in the United States.
Libya is located in the Africa region. Income inequality, measured by the Gini coefficient, is 0.360 (moderate inequality).