Outsourcing rates by profession ($/hour)

Average blended rates for senior-level specialists in each country.

Hourly outsourcing rates: Bangladesh vs Latvia
Profession	Bangladesh	Latvia
Business Analyst	62	85
Project Manager	64	78
Scrum Master	61	74
Graphic Designer	57	74
DevOps	47	81
Lead Developer	69	89
Junior Developer	41	47
Intermediate Developer	49	61
Senior Developer	62	81
Junior QA (Manual)	33	39
Intermediate QA (Manual)	39	50
Senior QA (Manual)	47	55
Junior QA (Automated)	39	45
Intermediate QA (Automated)	45	54
Senior QA (Automated)	53	70

General information

General information: Bangladesh vs Latvia
	Bangladesh	Latvia
Currency	BDT	LVL
GDP growth%	6.9	4.1
Population	169.4 million (2021)	1.884 million (2021)
Time zone	GMT+6	GMT+2
Region	South Asia	The Baltics

Scorecard

160 country assessments, drawn up on the basis of macroeconomic, financial and political data, are made freely available.

Regularly updated, they provide an estimate of the average credit risk on a country’s businesses. This is an invaluable tool, giving an indication of a country’s potential influence on businesses’ financial commitments.

Our analyses use a eight-level ranking. In ascending order of risk, these are

Source linkcoface.com/Economic-Studies-and-Country-Risks

ICT Infrastructure32/82

Innovation20/37

English Proficiency40/80

STEM Graduates11/19

Cybersecurity81/97

Software outsourcing readiness

Bangladesh

Application Development

Business Process Outsourcing

FintechE-Commerce

Latvia

Mobile and Web Apps

E-government Portals

FintechE-commerce

Economic overview

Economic overview: Bangladesh vs Latvia
	Bangladesh	Latvia
Political Stability	-0.90	0.70
Democracy status	5.99	7.31
Business climate	Very uncertain	Very good
Risk assessment	Significant	High

Figures are indicative and compiled from public indices. See our disclosure for methodology and sources.

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Outsourcing rates: Bangladesh vs Latvia