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Colombia-flagColombia
VS
Panama-flagPanama

Outsourcing rates Colombia vs Panama

Outsourcing rates by profession($/hour)

ColombiaPanama
Business Analyst
Min
58$
Max
69$
Avg
65$
60$
78$
71$
Project Manager
Min
61$
Max
83$
Avg
66$
63$
95$
72$
Scrum Master
Min
56$
Max
80$
Avg
63$
58$
91$
69$
Graphic Designer
Min
50$
Max
76$
Avg
62$
51$
87$
68$
DevOps
Min
61$
Max
83$
Avg
75$
63$
95$
81$
Lead Developer
Min
68$
Max
83$
Avg
76$
71$
95$
82$
Junior Developer
Min
42$
Max
54$
Avg
48$
44$
61$
52$
Intermediate Developer
Min
55$
Max
67$
Avg
60$
57$
76$
66$
Senior Developer
Min
67$
Max
83$
Avg
73$
70$
95$
79$
Junior QA (Manual)
Min
35$
Max
52$
Avg
42$
36$
60$
46$
Intermediate QA (Manual)
Min
43$
Max
60$
Avg
53$
45$
68$
58$
Senior QA (Manual)
Min
55$
Max
67$
Avg
62$
57$
76$
68$
Junior QA (Automated)
Min
36$
Max
54$
Avg
46$
37$
61$
50$
Intermediate QA (Automated)
Min
50$
Max
63$
Avg
60$
51$
72$
66$
Senior QA (Automated)
Min
61$
Max
73$
Avg
69$
63$
83$
76$

General information

ColombiaPanama
Currency
COPPAB and USD
GDP growth%
10.715.3
Population
51.52 million (2021)4.351 million (2021)
Time zone
GMT-5GMT-5
Region
Latin AmericaLatin America

Colombia

Panama

Scorecard

Software outsourcing readiness

High
Medium

Technology capabilities

Big DataCloud Architecture Design
Web DesignMobile Applications

Industries

FintechBlockchain
StartupsFintech

Economic overview

Political Stability

-2.5

2.5

Democracy status

0

100

Business climate

Very good

Extreme

Risk assessment

Very low

Extreme