Outsourcing rates by profession ($/hour)

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

Hourly outsourcing rates: Bulgaria vs Latvia
Profession	Bulgaria	Latvia
Business Analyst	79	85
Project Manager	72	78
Scrum Master	69	74
Graphic Designer	69	74
DevOps	75	81
Lead Developer	83	89
Junior Developer	44	47
Intermediate Developer	56	61
Senior Developer	75	81
Junior QA (Manual)	36	39
Intermediate QA (Manual)	47	50
Senior QA (Manual)	51	55
Junior QA (Automated)	41	45
Intermediate QA (Automated)	50	54
Senior QA (Automated)	65	70

General information

General information: Bulgaria vs Latvia
	Bulgaria	Latvia
Currency	BGN	LVL
GDP growth%	7.6	4.1
Population	6.878 million (2021)	1.884 million (2021)
Time zone	GMT+2	GMT+2
Region	The Balkans	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 Infrastructure82/82

Innovation40/37

English Proficiency80/80

STEM Graduates20/19

Cybersecurity67/97

Software outsourcing readiness

Bulgaria

Systems Integration

Mobile/Web Engineerig

TelecomRetail AnalyticsIoT services

Latvia

Mobile and Web Apps

E-government Portals

FintechE-commerce

Economic overview

Economic overview: Bulgaria vs Latvia
	Bulgaria	Latvia
Political Stability	0.50	0.70
Democracy status	6.64	7.31
Business climate	Good	Very good
Risk assessment	Higher	High

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

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Outsourcing rates: Bulgaria vs Latvia