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Panama-flagPanama
VS
Serbia-flagSerbia

Outsourcing rates Panama vs Serbia

Outsourcing rates by profession($/hour)

PanamaSerbia
Business Analyst
Min
60$
Max
78$
Avg
71$
71$
100$
92$
Project Manager
Min
63$
Max
95$
Avg
72$
66$
96$
84$
Scrum Master
Min
58$
Max
91$
Avg
69$
76$
91$
81$
Graphic Designer
Min
51$
Max
87$
Avg
68$
66$
88$
81$
DevOps
Min
63$
Max
95$
Avg
81$
78$
97$
88$
Lead Developer
Min
71$
Max
95$
Avg
82$
85$
101$
97$
Junior Developer
Min
44$
Max
61$
Avg
52$
44$
65$
51$
Intermediate Developer
Min
57$
Max
76$
Avg
66$
59$
80$
66$
Senior Developer
Min
70$
Max
95$
Avg
79$
85$
94$
88$
Junior QA (Manual)
Min
36$
Max
60$
Avg
46$
33$
54$
42$
Intermediate QA (Manual)
Min
45$
Max
68$
Avg
58$
51$
73$
55$
Senior QA (Manual)
Min
57$
Max
76$
Avg
68$
59$
75$
60$
Junior QA (Automated)
Min
37$
Max
61$
Avg
50$
40$
63$
48$
Intermediate QA (Automated)
Min
51$
Max
72$
Avg
66$
54$
78$
58$
Senior QA (Automated)
Min
63$
Max
83$
Avg
76$
68$
91$
76$

General information

PanamaSerbia
Currency
PAB and USDRSD
GDP growth%
15.37.5
Population
4.351 million (2021)6.834 million (2021)
Time zone
GMT-5GMT+1
Region
Latin AmericaThe Balkans

Panama

Serbia

Scorecard

Software outsourcing readiness

Medium
Medium

Technology capabilities

Web DesignMobile Applications
Energy/Smart GrindsMobile Apps

Industries

StartupsFintech
FintechMedical IoT

Economic overview

Political Stability

-2.5

2.5

Democracy status

0

100

Business climate

Very good

Extreme

Risk assessment

Very low

Extreme