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Armenia-flagArmenia
VS
Panama-flagPanama

Outsourcing rates Armenia vs Panama

Outsourcing rates by profession($/hour)

ArmeniaPanama
Business Analyst
Min
50$
Max
74$
Avg
66$
60$
78$
71$
Project Manager
Min
46$
Max
72$
Avg
61$
63$
95$
72$
Scrum Master
Min
53$
Max
68$
Avg
58$
58$
91$
69$
Graphic Designer
Min
46$
Max
65$
Avg
58$
51$
87$
68$
DevOps
Min
54$
Max
73$
Avg
64$
63$
95$
81$
Lead Developer
Min
59$
Max
75$
Avg
70$
71$
95$
82$
Junior Developer
Min
31$
Max
49$
Avg
37$
44$
61$
52$
Intermediate Developer
Min
41$
Max
60$
Avg
47$
57$
76$
66$
Senior Developer
Min
59$
Max
70$
Avg
64$
70$
95$
79$
Junior QA (Manual)
Min
23$
Max
40$
Avg
30$
36$
60$
46$
Intermediate QA (Manual)
Min
36$
Max
54$
Avg
39$
45$
68$
58$
Senior QA (Manual)
Min
41$
Max
56$
Avg
43$
57$
76$
68$
Junior QA (Automated)
Min
28$
Max
47$
Avg
35$
37$
61$
50$
Intermediate QA (Automated)
Min
38$
Max
58$
Avg
42$
51$
72$
66$
Senior QA (Automated)
Min
47$
Max
68$
Avg
55$
63$
83$
76$

General information

ArmeniaPanama
Currency
AMDPAB and USD
GDP growth%
5.715.3
Population
2.791 million (2021) 4.351 million (2021)
Time zone
GMT+4GMT-5
Region
Eastern EuropeLatin America

Armenia

Panama

Scorecard

Software outsourcing readiness

Medium
Medium

Technology capabilities

BlockchainMachine Vision
Web DesignMobile Applications

Industries

FintechCybersecurity
StartupsFintech

Economic overview

Political Stability

-2.5

2.5

Democracy status

0

100

Business climate

Very good

Extreme

Risk assessment

Very low

Extreme