Average Purchasing Agent Salary in Libya for 2024

In this article, we will look at the average Purchasing Agent 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 Purchasing Agent Make in Libya?

A Purchasing Agent working in Libya will typically earn around 19,980 LYD per year, and this can range from the lowest average salary of about 12,020 LYD to the highest average salary of 32,420 LYD.

Average Annual Salary
19,980 LYD
Average Monthly Salary
1,665 LYD

Lowest Annual Salary
12,020 LYD
Lowest Monthly Salary
1,001 LYD

Highest Annual Salary
32,420 LYD
Highest Monthly Salary
2,701 LYD

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

Purchasing Agent 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 Purchasing Agent Salaries in Libya

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

Salary ranges

We already know that a Purchasing Agent can earn between 12,020 LYD and 32,420 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 Purchasing Agent in Libya is 22,420 LYD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 22,420 LYD, and 50% of the population earn more than 22,420 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 Purchasing Agent salary in Libya, 25% of the population are earning less than 14,840 LYD while 75% of the population earn more than 14,840 LYD.

75% of the population earn less than 27,560 LYD, and 25% of the population earn more than 27,560 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.

Purchasing Agent 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 purchasing agent 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 Purchasing Agent in Libya that has less than two years of experience can expect to earn somewhere in the region of 12,200 LYD.
  • 2 - 5 Years Experience. With two to five years of experience the average Purchasing Agent salary would increase to 16,340 LYD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Purchasing Agent, the average salary would be 22,540 LYD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 26,100 LYD.
  • 15 - 20 Years Experience. A Purchasing Agent with 15 to 20 years of experience can earn an average of 30,800 LYD.
  • 20+ Years Experience. For a Purchasing Agent with more than 20 years, the expected average salary increases to 32,960 LYD.

Average Salary by Experience Chart

0-2 Years
12,200 LYD
2-5 Years +42%
16,340 LYD
5-10 Years +31%
22,540 LYD
10-15 Years +23%
26,100 LYD
15-20 Years +6%
30,800 LYD
20+ Years +10%
32,960 LYD

Purchasing Agent 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 Purchasing Agent 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 Purchasing Agent in Libya with a high school education can earn an average salary of 13,100 LYD.

  • Certificate or Diploma. A Purchasing Agent in Libya with a certificate or diploma education can earn an average salary of 20,460 LYD.

  • Bachelor's Degree. A Purchasing Agent in Libya with a bachelor's degree education can earn an average salary of 29,320 LYD.

Average Salary by Education Chart

High School
13,100 LYD
Certificate or Diploma +47%
20,460 LYD
Bachelor's Degree +34%
29,320 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.

Purchasing Agent 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 purchasing agent will earn an average of 22,420 LYD, while a female purchasing agent will earn around 21,380 LYD.

This means that a male purchasing agent earns approximately 5% more than a female purchasing agent for performing the same job.

Average Salary by Gender Chart in Libya

Male
22,420 LYD
Female -5%
21,380 LYD

Purchasing Agent 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 Purchasing Agent in Libya is around 6% every 29 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 = ( 6 ÷ 29 ) × 12  = 2%

What this means is that a Purchasing Agent in Libya can expect to receive an average pay raise of around 2% 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%

Purchasing Agent 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 Purchasing Agent is a low bonus based job, with 39% of employees reporting at least one bonus in the last 12 months.

61% 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
39%
No Bonus
61%

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 Purchasing Agent

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

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 23,700 LYD
Asset Protection Associate Purchasing and Inventory 22,340 LYD
Asset Protection Specialist Purchasing and Inventory 24,860 LYD
Assistant Buyer Purchasing and Inventory 23,380 LYD
Buyer Purchasing and Inventory 37,620 LYD
Capacity Planner Purchasing and Inventory 25,440 LYD
Category Leader Purchasing and Inventory 23,700 LYD
Category Management Specialist Purchasing and Inventory 25,720 LYD
Category Manager Purchasing and Inventory 28,660 LYD
Channel Services Representative Purchasing and Inventory 27,300 LYD
Contracts Manager Purchasing and Inventory 33,440 LYD
Contracts Specialist Purchasing and Inventory 23,700 LYD
Demand Planner Purchasing and Inventory 28,720 LYD
Demand Planning Manager Purchasing and Inventory 33,960 LYD
Distribution Assistant Purchasing and Inventory 19,980 LYD
Distribution Associate Purchasing and Inventory 22,420 LYD
Distribution Manager Purchasing and Inventory 49,820 LYD
Inventory Analyst Purchasing and Inventory 23,360 LYD
Inventory Control Clerk Purchasing and Inventory 12,000 LYD
Inventory Control Manager Purchasing and Inventory 30,700 LYD
Inventory Management Associate Purchasing and Inventory 26,780 LYD
Inventory Specialist Purchasing and Inventory 23,700 LYD
Logistics Engineer Purchasing and Inventory 22,540 LYD
Master Planner Purchasing and Inventory 21,980 LYD
Material Handler Purchasing and Inventory 15,580 LYD
Material Planning Specialist Purchasing and Inventory 23,400 LYD
Merchandise Manager Purchasing and Inventory 28,860 LYD
Procurement Administrator Purchasing and Inventory 29,320 LYD
Procurement Agent Purchasing and Inventory 18,940 LYD
Procurement Analyst Purchasing and Inventory 31,040 LYD
Procurement Assistant Purchasing and Inventory 20,500 LYD
Procurement Associate Purchasing and Inventory 26,780 LYD
Procurement Clerk Purchasing and Inventory 13,060 LYD
Procurement Engineer Purchasing and Inventory 27,380 LYD
Procurement Manager Purchasing and Inventory 48,640 LYD
Procurement Officer Purchasing and Inventory 12,180 LYD
Procurement Process Analyst Purchasing and Inventory 28,860 LYD
Procurement Specialist Purchasing and Inventory 23,500 LYD
Production Planner Purchasing and Inventory 27,040 LYD
Project Buyer Purchasing and Inventory 31,960 LYD
Purchaser Purchasing and Inventory 37,620 LYD
Purchasing Assistant Purchasing and Inventory 13,960 LYD
Purchasing Manager Purchasing and Inventory 50,080 LYD
Purchasing Officer Purchasing and Inventory 20,760 LYD
Purchasing Supervisor Purchasing and Inventory 35,520 LYD
Shipping and Receiving Clerk Purchasing and Inventory 12,120 LYD
Shipping Coordinator Purchasing and Inventory 24,840 LYD
Stock Clerk Purchasing and Inventory 13,780 LYD
Stock Regulator Purchasing and Inventory 15,880 LYD
Storage Manager Purchasing and Inventory 31,980 LYD
Store Keeper Purchasing and Inventory 12,200 LYD
Stores and Logistics Coordinator Purchasing and Inventory 26,500 LYD
Supply Chain Analyst Purchasing and Inventory 36,940 LYD
Supply Chain Coordinator Purchasing and Inventory 27,300 LYD
Supply Chain Development Manager Purchasing and Inventory 47,400 LYD
Supply Chain Director Purchasing and Inventory 49,200 LYD
Supply Chain Manager Purchasing and Inventory 50,580 LYD
Supply Planner Purchasing and Inventory 23,260 LYD
Warehouse Assistant Purchasing and Inventory 9,740 LYD
Warehouse Clerk Purchasing and Inventory 9,460 LYD
Warehouse Executive Purchasing and Inventory 41,700 LYD
Warehouse Lead Purchasing and Inventory 29,840 LYD
Warehouse Manager Purchasing and Inventory 46,720 LYD
Warehouse Supervisor Purchasing and Inventory 31,940 LYD
Wholesale Buyer Purchasing and Inventory 38,180 LYD

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