Key Facts: Libya vs Taiwan Wages
- Libya Minimum Wage
- LD450/mo ($92.59 USD)
- Taiwan Minimum Wage
- NT$190/hr ($6.11 USD)
- Libya Avg. Gross Monthly Salary
- LD1,800 /mo ($370.37 USD)
- Taiwan Avg. Gross Monthly Salary
- NT$58,000 /mo ($1,864.95 USD)
- Data Sources
- ILO / Ministry of Labour and Rehabilitation (Libya) (2026-02-25), Ministry of Labor (MOL), Republic of China (Taiwan) (2026-02-24)
Libya 
Taiwan
Updated 2026-02-25
The minimum wage in Libya is roughly 15 times higher than in Taiwan in USD terms, reflecting the gap between a upper-middle-income and a high-income economy. Average gross salaries diverge further: $370/mo in Libya versus $1,865/mo in Taiwan, a 5.0:1 ratio.
Detailed Comparison
| Metric | Libya | Taiwan |
|---|---|---|
| Minimum wage /hr | — | NT$190 $6.11 |
| Minimum wage /mo | LD450 $92.59 | NT$28,590 $919.29 |
| Minimum wage /yr | — | NT$343,080 $11,031.51 |
| Avg. gross salary /mo | LD1,800 /mo $370.37 | NT$58,000 /mo $1,864.95 |
| Avg. net salary /mo | N/A/mo | NT$50,500 /mo $1,623.79 |
| Median individual income /yr | LD7,200 /yr $1,481.48 | NT$546,000 /yr $17,556.27 |
Percentage differences are based on USD equivalent values. Positive means Libya is higher.
Work Week
- Libya
-
48 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Law No. 12 (2010) sets standard at 48 hours/week (8 hrs/day, 6 days). Friday is the statutory rest day. During Ramadan, hours are reduced. Overtime paid at 1.5x. These regulations are inconsistently enforced given the political situation.
- Taiwan
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 1.34x pay
Labour Standards Act sets 40 hours/week, 8 hours/day. Two mandatory rest days per week (one fixed, one flexible). Overtime: first 2 hrs at 1.34x, next 2 hrs at 1.67x. Monthly overtime cap of 46 hours (may be extended to 54 hours with union/labour-management agreement, max 138 hrs/3 months).
What This Means for Workers
A minimum wage worker moving from Taiwan to Libya would see a 1416% increase in USD-equivalent hourly earnings. Standard work weeks differ: Libya mandates 48 hours while Taiwan mandates 40 hours. A minimum wage worker's weekly earnings in Libya are $4,444 vs $244 in Taiwan.
See this comparison from Taiwan's perspective: Taiwan vs Libya
Compare Libya with...
Libya vs United States $ 7.25 /hr 
Libya vs China ¥ 25 /hr 
Libya vs Germany € 13.9 /hr 
Libya vs United Kingdom £ 12.71 /hr 
Libya vs India ₹ 4,576 /mo 
Libya vs Japan ¥ 1,121 /hr 
Libya vs France € 12.02 /hr 
Libya vs South Korea ₩ 10,320 /hr 
Libya vs Canada C$ 18.1 /hr 
Libya vs Australia A$ 24.95 /hr 
Libya vs Brazil R$ 7.37 /hr 
Libya vs Russia ₽ 156.31 /hr 
Libya vs Mexico MX$ 9,583.52 /mo 
Libya vs Indonesia Rp 33,058 /hr 
Libya vs Netherlands € 14.71 /hr 
Libya vs Saudi Arabia ﷼ 23.08 /hr 
Libya vs Turkey ₺ 164.94 /hr 
Libya vs Switzerland 
Libya vs Poland zł 31.4 /hr 
Libya vs Thailand ฿ 10,400 /mo 
Libya vs Sweden 
Libya vs Argentina ARS 1,762 /hr 
Libya vs Singapore 
Libya vs Norway Frequently Asked Questions
Is the minimum wage higher in Libya or Taiwan?
In Libya, the minimum wage is LD450/mo ($92.59 USD). In Taiwan, it is NT$190/hr ($6.11 USD). Libya has the higher rate by 1416% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Taiwan may retain a larger share of their earnings if prices there are lower.
How much less does the average worker earn in Libya compared to Taiwan?
The average gross salary in Libya is LD1,800/mo ($370.37 USD), compared to NT$58,000/mo ($1,864.95 USD) in Taiwan. In USD terms, workers in Libya earn approximately 404% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Libya and Taiwan is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Taiwan earn more in nominal terms, though how far that income stretches depends on local prices in Libya.
How do work hours compare between Libya and Taiwan?
Libya has a longer standard work week at 48 hours, compared to 40 hours in Taiwan. Workers in Libya work 48 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Taiwan working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.