Average Product Designer Salary in Libya for 2024

In this article, we will look at the average Product Designer 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 Product Designer Make in Libya?

A Product Designer working in Libya will typically earn around 17,860 LYD per year, and this can range from the lowest average salary of about 7,080 LYD to the highest average salary of 26,100 LYD.

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

Lowest Annual Salary
7,080 LYD
Lowest Monthly Salary
590 LYD

Highest Annual Salary
26,100 LYD
Highest Monthly Salary
2,175 LYD

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

Product Designer 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 Product Designer Salaries in Libya

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

Salary ranges

We already know that a Product Designer can earn between 7,080 LYD and 26,100 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 Product Designer in Libya is 17,860 LYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 17,860 LYD, and 50% of the population earn more than 17,860 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 Product Designer salary in Libya, 25% of the population are earning less than 12,200 LYD while 75% of the population earn more than 12,200 LYD.

75% of the population earn less than 21,980 LYD, and 25% of the population earn more than 21,980 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.

Product Designer 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 product designer 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 Product Designer in Libya that has less than two years of experience can expect to earn somewhere in the region of 8,880 LYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Product Designer salary would increase to 13,560 LYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Product Designer, the average salary would be 19,360 LYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 20,760 LYD.
  • 15 - 20 Years Experience. A Product Designer with 15 to 20 years of experience can earn an average of 23,260 LYD.
  • 20+ Years Experience. For a Product Designer with more than 20 years, the expected average salary increases to 25,160 LYD.

Average Salary by Experience Chart

0-2 Years
8,880 LYD
2-5 Years +32%
13,560 LYD
5-10 Years +34%
19,360 LYD
10-15 Years +19%
20,760 LYD
15-20 Years +8%
23,260 LYD
20+ Years +7%
25,160 LYD

Product Designer 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 Product Designer 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 Product Designer in Libya with a high school education can earn an average salary of 14,540 LYD.

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

  • Bachelor's Degree. A Product Designer in Libya with a bachelor's degree education can earn an average salary of 20,940 LYD.

  • Master's Degree. A Product Designer in Libya with a master's degree education can earn an average salary of 25,160 LYD.

Average Salary by Education Chart

High School
14,540 LYD
Certificate or Diploma +14%
14,540 LYD
Bachelor's Degree +36%
20,940 LYD
Master's Degree +26%
25,160 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.

Product Designer 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 product designer will earn an average of 17,760 LYD, while a female product designer will earn around 17,560 LYD.

This means that a male product designer earns approximately 1% more than a female product designer for performing the same job.

Average Salary by Gender Chart in Libya

Male
17,760 LYD
Female -1%
17,560 LYD

Product Designer 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 Product Designer in Libya is around 8% every 27 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 = ( 8 ÷ 27 ) × 12  = 4%

What this means is that a Product Designer 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%

Product Designer 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 Product Designer is a low bonus based job, with 36% of employees reporting at least one bonus in the last 12 months.

64% 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 3% to 6%.

Received Bonus
36%
No Bonus
64%

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 Product Designer

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

Job Title Category Salary
3D Artist Media / Broadcasting / Arts / Entertainment 23,700 LYD
3D Designer Media / Broadcasting / Arts / Entertainment 24,800 LYD
3D Generalist Media / Broadcasting / Arts / Entertainment 20,460 LYD
3D Visualization Specialist Media / Broadcasting / Arts / Entertainment 23,360 LYD
Acrobatic Rigger Media / Broadcasting / Arts / Entertainment 17,620 LYD
Actor Media / Broadcasting / Arts / Entertainment 34,980 LYD
Art Administrator Media / Broadcasting / Arts / Entertainment 26,500 LYD
Art Director Media / Broadcasting / Arts / Entertainment 34,540 LYD
Art Lead Media / Broadcasting / Arts / Entertainment 29,160 LYD
Associate Media Director Media / Broadcasting / Arts / Entertainment 29,040 LYD
Associate Producer Media / Broadcasting / Arts / Entertainment 34,380 LYD
Broadcast and Sound Engineer Media / Broadcasting / Arts / Entertainment 22,420 LYD
Broadcast Associate Media / Broadcasting / Arts / Entertainment 15,920 LYD
Broadcast News Analyst Media / Broadcasting / Arts / Entertainment 27,020 LYD
Broadcast Technician Media / Broadcasting / Arts / Entertainment 16,400 LYD
Broadcasting Journalist Media / Broadcasting / Arts / Entertainment 31,400 LYD
Broadcasting Presenter Media / Broadcasting / Arts / Entertainment 32,200 LYD
Camera Equipment Repairer Media / Broadcasting / Arts / Entertainment 15,700 LYD
Camera Operator Media / Broadcasting / Arts / Entertainment 18,260 LYD
Cartoonist / Animator Media / Broadcasting / Arts / Entertainment 24,280 LYD
CAS Engineer Media / Broadcasting / Arts / Entertainment 26,500 LYD
Censorship Executive Media / Broadcasting / Arts / Entertainment 27,480 LYD
Choreographer Media / Broadcasting / Arts / Entertainment 23,380 LYD
Colorist Media / Broadcasting / Arts / Entertainment 13,900 LYD
Communications Manager Media / Broadcasting / Arts / Entertainment 38,060 LYD
Correspondent Media / Broadcasting / Arts / Entertainment 30,840 LYD
Dance Director Media / Broadcasting / Arts / Entertainment 24,200 LYD
Dancer Media / Broadcasting / Arts / Entertainment 23,500 LYD
Director of Photography Media / Broadcasting / Arts / Entertainment 26,080 LYD
Disc Jockey Media / Broadcasting / Arts / Entertainment 18,260 LYD
Editorial Assistant Media / Broadcasting / Arts / Entertainment 12,620 LYD
Events Manager Media / Broadcasting / Arts / Entertainment 27,040 LYD
Graphic Designer Media / Broadcasting / Arts / Entertainment 15,700 LYD
Illustrator Media / Broadcasting / Arts / Entertainment 17,740 LYD
Industrial Designer Media / Broadcasting / Arts / Entertainment 15,300 LYD
Instructional Designer Media / Broadcasting / Arts / Entertainment 14,820 LYD
Journalist Media / Broadcasting / Arts / Entertainment 30,700 LYD
Makeup Artist Media / Broadcasting / Arts / Entertainment 15,380 LYD
Media Design Manager Media / Broadcasting / Arts / Entertainment 45,000 LYD
Media Equipment Operator Media / Broadcasting / Arts / Entertainment 12,620 LYD
Media Operations Manager Media / Broadcasting / Arts / Entertainment 35,560 LYD
Media Planner Media / Broadcasting / Arts / Entertainment 23,660 LYD
Media Producer Media / Broadcasting / Arts / Entertainment 31,520 LYD
Media Product Development Manager Media / Broadcasting / Arts / Entertainment 45,620 LYD
Media Production Manager Media / Broadcasting / Arts / Entertainment 41,180 LYD
Media Program Director Media / Broadcasting / Arts / Entertainment 45,600 LYD
Media Relation Executive Media / Broadcasting / Arts / Entertainment 48,160 LYD
Media Relations Manager Media / Broadcasting / Arts / Entertainment 45,620 LYD
Media Sales Manager Media / Broadcasting / Arts / Entertainment 52,460 LYD
Movement and Dance Coordinator Media / Broadcasting / Arts / Entertainment 26,780 LYD
Multimedia Coordinator Media / Broadcasting / Arts / Entertainment 19,220 LYD
Multimedia Designer Media / Broadcasting / Arts / Entertainment 16,980 LYD
Music Consultant Media / Broadcasting / Arts / Entertainment 24,820 LYD
Musician Media / Broadcasting / Arts / Entertainment 18,280 LYD
News Associate Media / Broadcasting / Arts / Entertainment 22,420 LYD
News Reporter Media / Broadcasting / Arts / Entertainment 31,380 LYD
Post Production Assistant Media / Broadcasting / Arts / Entertainment 14,820 LYD
Producer Media / Broadcasting / Arts / Entertainment 40,640 LYD
Product Planner Media / Broadcasting / Arts / Entertainment 23,520 LYD
Production Artist Media / Broadcasting / Arts / Entertainment 23,380 LYD
Production Assistant Media / Broadcasting / Arts / Entertainment 15,580 LYD
Production Director Media / Broadcasting / Arts / Entertainment 38,180 LYD
Production Technician Media / Broadcasting / Arts / Entertainment 17,260 LYD
Program Researcher Media / Broadcasting / Arts / Entertainment 26,860 LYD
Promotion Coordinator Media / Broadcasting / Arts / Entertainment 23,400 LYD
Sound Engineer Media / Broadcasting / Arts / Entertainment 19,940 LYD
Sound Engineering Technician Media / Broadcasting / Arts / Entertainment 10,980 LYD
Stage Technician Media / Broadcasting / Arts / Entertainment 14,540 LYD
Sub Editor Media / Broadcasting / Arts / Entertainment 17,260 LYD
Television Executive Producer Media / Broadcasting / Arts / Entertainment 51,400 LYD
Transmission Engineer Media / Broadcasting / Arts / Entertainment 23,360 LYD
Video Editor Media / Broadcasting / Arts / Entertainment 20,940 LYD
Video Producer Media / Broadcasting / Arts / Entertainment 25,940 LYD
Videographer Media / Broadcasting / Arts / Entertainment 23,380 LYD
Visual Designer Media / Broadcasting / Arts / Entertainment 22,400 LYD

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