LIBYA
HR Outsourcing Solutions
Delegate Your HR Functions To Us in Libya
About Libya
Page Last Updated: 04/06/2026
Libya has been oil-led economy for decades, but ongoing conflicts and a blockade of oil terminals and oil fields have affected the Libyan economy. The country is currently working on reforms and collaborating with the World Bank and other donors on diversifying the economy and attracting investments, which would also lead to create employment outsourcing opportunities to develop the country.
Population: 7.46 M
Gross Domestic Product (GDP): $48.49 B
GDP Growth: 12.4%
Inflation: 1.6%
Foreign Direct Investment (% of GDP): 1.8%
Unemployment Rate: 18.6%
Capital: Tripoli
Currency: Libyan dinar (LYD)
Languages: Arabic
Libya Payroll at a Glance
Currency
Libyan dinar (LYD)
Income Tax
5%-15%
Employer Taxes
14.35%%
Employee Contribution
5.125%
Fiscal Year
1 January - 31 December
Date Format
dd/mm/yyyy
Interesting Facts About Libya
- Desert Nation: Over 90% of the country is desert or semi-desert, and it contains no permanent year-round rivers.
- The Great Man-Made River: To combat extreme water scarcity, Libya built this massive underground network of pipes, which pumps fossil water from deep beneath the Sahara to coastal cities.
- Extreme Heat: The region of 'Aziziya previously held the record for the highest recorded natural temperature on Earth at 58°C (136.4°F) in 1922 (though this record was later decertified, the area remains one of the hottest places).
Public Holidays in Libya
- New Year’s Day
- Good Friday
- Easter Monday
- Labor Day
- Democracy Day
- Eid-ul-Fitr
- Eid-ul-Kabir
- National Day
- Eid-ul-Moulud
- Christmas Day
- Boxing Day
While the content presented on this webpage is accurate as of the time of publication, it is imperative to recognise that the content is provided solely for informational purposes and does not constitute legal and/or tax advice. To obtain the most current and precise guidance, it is essential to verify specific details related to employment or compliance with our experts or consult your own legal and/or tax advisor(s). Africa HR Solutions Ltd. explicitly does not offer legal or tax advice. The information provided is general in nature, not tailored to a specific company or workforce, and does not reflect the service delivery of Africa HR Solutions in any given jurisdiction. Africa HR Solutions makes no representations or warranties regarding the accuracy, completeness, or timeliness of this information and disclaims any liability arising out of or in connection with it, including any loss resulting from the use of or reliance on the information.
Trusted by Inspiring Changemakers
Africa HR Solutions is for us everything what we have hoped for. Customer- and people oriented, fast and always willing to think along and find the best possible solution. We get professional services and an exceptional single point of contact.
Africa HR Solutions has been a great partner to our organisation, allowing us to quickly expand and operate in new markets while they flag and support management of compliance and risk issues. We now use Africa HR for support in some capacity in 8 of our geographic locations.
We really valued how quickly Africa HR set up an operational platform for our programme in Tanzania. The team were responsive over Teams and email and provided clear guidance on local employment requirements, which helped us structure delivery quickly and with confidence.
Africa HR is responsive, proactive, and accommodating, even with the time difference. In fact, it works in my favour - they have time to handle tasks before I start my day. Our payroll, especially in Senegal, is complex, but their attention to detail and willingness to go the extra mile definitely stand out.
Africa HR has taken the stress out of compliance - we no longer have to worry about changing regulations. Their team is professional, knowledgeable, and always available. Payroll runs smoothly, which saves us valuable time and our staff appreciates being paid on time! Kudos to the team!
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