Libya Minimum Wage Rate 2024
Libya has a government-mandated minimum wage, and no worker in Libya can be paid less then this mandatory minimum rate of pay. Employers in Libya who fail to pay the Minimum Wage may be subject to punishment by Libya's government.
What is the Libya Minimum Wage?
Libya's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
The Libya minimum wage is 450 Libyan dinars per month ($325). The government heavily subsidizes rent and utilities. Libya's minimum wage was last changed in 1-Mar-2011.
How does Libya's minimum wage compare to the minimum wage in other countries?
Libya's yearly minimum wage is $1,785.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 81 countries with a higher Minimum Wage then Libya, and Libya is in the top 41 percent of all countries based on the yearly minimum wage rate.
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