IFAC member
Libyan Accountants & Auditors Assoc. (LAAA)
IFAC member · Pan African Federation of Accountants (PAFA) · Founded 1973
Country profile
Libya
4 entries from 4 of our maps, in one place. Open a map to see Libya beside the rest of the world.
Professional Accountancy Organisations
Accountancy bodies (PAOs) and their IFAC membership, by country
Accountant & Auditor Salaries
Gross annual pay of accountants and external auditors, in US dollars (2026)
$2,500–7,500
Accountant: $3,286 a year
- Accountant: $3,286 a year (modelled estimate)
- External auditor: $4,529 a year (modelled estimate)
- Average for all jobs: $4,440 a year
Modelled values use global occupational multipliers; use as directional estimates.
Gross pay in nominal US dollars (2026), not adjusted for living costs.
Country Challenges
The main challenge for accounting and audit in each country, from public evidence (2026)
Oversight & enforcement
Governance fragmentation
- Evidence: Direct evidence — the selected source reports this issue directly
- Scope: Public-sector audit
Research links rival administrations and fragmented control of oil revenues to weakened governance and audit oversight.
Source: Corporate Governance and Sustainability Disclosure: Challenges and Opportunities for the Libyan Audit Bureau in the Oil Sector - Alayat - 2026 - Business Strategy and the Environment - Wiley Online Library (academic research)
GDP per Capita
GDP per capita (current US$), 2025 — World Bank Open Data
Upper-middle · $4,516–14,005
$6,449
GDP per capita (current US$), 2025 · Upper-middle · $4,516–14,005
Business opportunities
No live listings in Libya right now.
Not on these maps yet: Accounting News, Audit Oversight Bodies, Sustainability Framework Adoption, Company Registry Portals, Annual Report Awards, Accounting History.