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Ecuador-flagEcuador
VS
Panama-flagPanama

Outsourcing rates Ecuador vs Panama

Outsourcing rates by profession($/hour)

EcuadorPanama
Business Analyst
Min
30$
Max
42$
Avg
37$
60$
78$
71$
Project Manager
Min
31$
Max
51$
Avg
37$
63$
95$
72$
Scrum Master
Min
29$
Max
49$
Avg
36$
58$
91$
69$
Graphic Designer
Min
25$
Max
47$
Avg
35$
51$
87$
68$
DevOps
Min
31$
Max
51$
Avg
42$
63$
95$
81$
Lead Developer
Min
35$
Max
51$
Avg
43$
71$
95$
82$
Junior Developer
Min
22$
Max
33$
Avg
27$
44$
61$
52$
Intermediate Developer
Min
28$
Max
41$
Avg
34$
57$
76$
66$
Senior Developer
Min
34$
Max
51$
Avg
41$
70$
95$
79$
Junior QA (Manual)
Min
18$
Max
32$
Avg
24$
36$
60$
46$
Intermediate QA (Manual)
Min
22$
Max
37$
Avg
30$
45$
68$
58$
Senior QA (Manual)
Min
28$
Max
41$
Avg
35$
57$
76$
68$
Junior QA (Automated)
Min
19$
Max
33$
Avg
26$
37$
61$
50$
Intermediate QA (Automated)
Min
25$
Max
38$
Avg
34$
51$
72$
66$
Senior QA (Automated)
Min
31$
Max
45$
Avg
39$
63$
83$
76$

General information

EcuadorPanama
Currency
USDPAB and USD
GDP growth%
4.215.3
Population
17.8 million (2021)4.351 million (2021)
Time zone
GMT-5GMT-5
Region
Latin AmericaLatin America

Ecuador

Panama

Scorecard

Software outsourcing readiness

Medium
Medium

Technology capabilities

MicrosoftQuality Assurance
Web DesignMobile Applications

Industries

FintechInsurance
StartupsFintech

Economic overview

Political Stability

-2.5

2.5

Democracy status

0

100

Business climate

Very good

Extreme

Risk assessment

Very low

Extreme