Average Data Executive Salary in Libya for 2024

In this article, we will look at the average Data Executive salary for 2024 in Libya and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Libyan dinar. To keep things simple, we are using the LYD currency code instead of the currency symbol ู„.ุฏ.

How Much Does a Data Executive Make in Libya?

A Data Executive working in Libya will typically earn around 17,860 LYD per year, and this can range from the lowest average salary of about 8,960 LYD to the highest average salary of 28,720 LYD.

Average Annual Salary
17,860 LYD
Average Monthly Salary
1,488 LYD

Lowest Annual Salary
8,960 LYD
Lowest Monthly Salary
746 LYD

Highest Annual Salary
28,720 LYD
Highest Monthly Salary
2,393 LYD

These are average salaries for a Data Executive in Libya and include benefits such as housing and transport. It's also possible for a Data Executive to earn more or less than the average salaries shown above.

Data Executive salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Data Executive Salaries in Libya

So we've looked at the average salaries a Data Executive will earn in Libya. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Data Executive can earn between 8,960 LYD and 28,720 LYD on average in Libya. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Data Executive in Libya is 18,900 LYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 18,900 LYD, and 50% of the population earn more than 18,900 LYD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Data Executive salary in Libya, 25% of the population are earning less than 13,060 LYD while 75% of the population earn more than 13,060 LYD.

75% of the population earn less than 27,380 LYD, and 25% of the population earn more than 27,380 LYD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Data Executive Salary by Experience Level in Libya

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average data executive salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Data Executive in Libya that has less than two years of experience can expect to earn somewhere in the region of 9,440 LYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Data Executive salary would increase to 13,060 LYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Data Executive, the average salary would be 17,760 LYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 22,420 LYD.
  • 15 - 20 Years Experience. A Data Executive with 15 to 20 years of experience can earn an average of 23,260 LYD.
  • 20+ Years Experience. For a Data Executive with more than 20 years, the expected average salary increases to 27,300 LYD.

Average Salary by Experience Chart

0-2 Years
9,440 LYD
2-5 Years +34%
13,060 LYD
5-10 Years +48%
17,760 LYD
10-15 Years +22%
22,420 LYD
15-20 Years +9%
23,260 LYD
20+ Years +8%
27,300 LYD

Data Executive Salary by Education Level in Libya

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Data Executive in Libya based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Data Executive in Libya with a high school education can earn an average salary of 10,000 LYD.

  • Certificate or Diploma. A Data Executive in Libya with a certificate or diploma education can earn an average salary of 14,540 LYD.

  • Bachelor's Degree. A Data Executive in Libya with a bachelor's degree education can earn an average salary of 18,940 LYD.

  • Master's Degree. A Data Executive in Libya with a master's degree education can earn an average salary of 25,940 LYD.

Average Salary by Education Chart

High School
10,000 LYD
Certificate or Diploma +18%
14,540 LYD
Bachelor's Degree +45%
18,940 LYD
Master's Degree +31%
25,940 LYD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Libya is around 11,400 to 34,300 LYD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Data Executive Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Libya, a male data executive will earn an average of 19,480 LYD, while a female data executive will earn around 15,760 LYD.

This means that a male data executive earns approximately 24% more than a female data executive for performing the same job.

Average Salary by Gender Chart in Libya

Male
19,480 LYD
Female -24%
15,760 LYD

Data Executive Average Pay Raise in Libya

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Data Executive in Libya is around 9% every 26 months.

The national average pay raise across all professions and industries in Libya is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 26 ) × 12  = 4%

What this means is that a Data Executive in Libya can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Libya for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Libya.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Data Executive Bonus and Incentive Rates in Libya

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Data Executive is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 4%.

Received Bonus
15%
No Bonus
85%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Libya earn approximately 5% more than private sector employees in the same role.

Public Sector
28,720 LYD
Private Sector -5%
27,300 LYD

Salaries for Jobs Similar to a Data Executive

In the table below, we have salary information for jobs that are similar to a Data Executive in Libya.

Job Title Category Salary
Assistant Business Development Manager Business Planning 35,420 LYD
Assistant Merchandise Planner Business Planning 21,980 LYD
Business Advisor Business Planning 35,340 LYD
Business Analyst Business Planning 35,000 LYD
Business Consultant Business Planning 30,700 LYD
Business Continuity Associate Business Planning 19,940 LYD
Business Developer Business Planning 21,640 LYD
Business Development Analyst Business Planning 23,080 LYD
Business Development Associate Business Planning 18,780 LYD
Business Development Coordinator Business Planning 18,940 LYD
Business Development Director Business Planning 48,920 LYD
Business Development Engineer Business Planning 27,620 LYD
Business Development Executive Business Planning 36,580 LYD
Business Development Manager Business Planning 43,760 LYD
Business Development Specialist Business Planning 32,200 LYD
Business Manager Business Planning 41,180 LYD
Business Operations Specialist Business Planning 35,340 LYD
Business Process Writer Business Planning 20,500 LYD
Business Systems Analyst Business Planning 32,420 LYD
Capacity Planner Business Planning 23,260 LYD
Capacity Planning Supervisor Business Planning 34,240 LYD
Change Communications Analyst Business Planning 31,940 LYD
Change Control Analyst Business Planning 34,080 LYD
Change Impact Analyst Business Planning 34,240 LYD
Contracts Executive Business Planning 33,960 LYD
Corporate Strategy Analyst Business Planning 34,480 LYD
Cost Control Engineer Business Planning 19,940 LYD
Cost Controller Business Planning 27,020 LYD
Cost Estimator Business Planning 22,340 LYD
Data Manager Business Planning 24,720 LYD
Data Processing Manager Business Planning 29,640 LYD
Development Researcher Business Planning 25,720 LYD
Director of Business Development Business Planning 48,920 LYD
Director of Production Planning Business Planning 41,560 LYD
Due Diligence Analyst Business Planning 36,160 LYD
Estimating Manager Business Planning 39,800 LYD
General Manager Business Planning 45,060 LYD
Incident Handler Business Planning 21,300 LYD
Incident Specialist Business Planning 27,480 LYD
Lean Consultant Business Planning 26,500 LYD
Manager Business Planning 42,960 LYD
Marketing and Business Development Manager Business Planning 40,640 LYD
Materials Planner Business Planning 14,920 LYD
Merchandise Assistant Business Planning 14,200 LYD
Merchandise Controller Business Planning 14,660 LYD
Merchandise Planner Business Planning 15,880 LYD
Operations Analyst Business Planning 31,400 LYD
Operations Manager Business Planning 34,280 LYD
Operations Research Analyst Business Planning 23,520 LYD
Planning and Reporting Manager Business Planning 36,700 LYD
Planning Director Business Planning 44,780 LYD
Project Administrator Business Planning 22,660 LYD
Project Manager Business Planning 36,020 LYD
Project Planner Business Planning 19,060 LYD
Research Assistant Business Planning 17,760 LYD
Research Engineer Business Planning 20,000 LYD
Research Officer Business Planning 19,200 LYD
Risk Management Specialist Business Planning 34,080 LYD
Scholarship Coordinator Business Planning 18,780 LYD
Store Planner Business Planning 17,560 LYD
Strategy Director Business Planning 48,140 LYD
Top Research and Development Executive Business Planning 53,120 LYD

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