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Mexico-flagMexico
VS
Panama-flagPanama

Outsourcing rates Mexico vs Panama

Outsourcing rates by profession($/hour)

MexicoPanama
Business Analyst
Min
51$
Max
62$
Avg
58$
60$
78$
71$
Project Manager
Min
54$
Max
75$
Avg
59$
63$
95$
72$
Scrum Master
Min
49$
Max
72$
Avg
57$
58$
91$
69$
Graphic Designer
Min
44$
Max
68$
Avg
56$
51$
87$
68$
DevOps
Min
54$
Max
75$
Avg
67$
63$
95$
81$
Lead Developer
Min
60$
Max
75$
Avg
68$
71$
95$
82$
Junior Developer
Min
38$
Max
48$
Avg
43$
44$
61$
52$
Intermediate Developer
Min
48$
Max
60$
Avg
54$
57$
76$
66$
Senior Developer
Min
59$
Max
75$
Avg
65$
70$
95$
79$
Junior QA (Manual)
Min
31$
Max
47$
Avg
37$
36$
60$
46$
Intermediate QA (Manual)
Min
38$
Max
54$
Avg
48$
45$
68$
58$
Senior QA (Manual)
Min
48$
Max
60$
Avg
56$
57$
76$
68$
Junior QA (Automated)
Min
32$
Max
48$
Avg
41$
37$
61$
50$
Intermediate QA (Automated)
Min
44$
Max
57$
Avg
54$
51$
72$
66$
Senior QA (Automated)
Min
54$
Max
66$
Avg
62$
63$
83$
76$

General information

MexicoPanama
Currency
MXNPAB and USD
GDP growth%
4.715.3
Population
126.7 million (2021)4.351 million (2021)
Time zone
GMT-6GMT-5
Region
North AmericaLatin America

Mexico

Panama

Scorecard

Software outsourcing readiness

High
Medium

Technology capabilities

Embedded SoftwareMobile applications
Web DesignMobile Applications

Industries

AutomativeFintech
StartupsFintech

Economic overview

Political Stability

-2.5

2.5

Democracy status

0

100

Business climate

Very good

Extreme

Risk assessment

Very low

Extreme