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Panama-flagPanama
VS
Thailand-flagThailand

Outsourcing rates Panama vs Thailand

Outsourcing rates by profession($/hour)

PanamaThailand
Business Analyst
Min
60$
Max
78$
Avg
71$
37$
61$
44$
Project Manager
Min
63$
Max
95$
Avg
72$
45$
78$
55$
Scrum Master
Min
58$
Max
91$
Avg
69$
58$
77$
68$
Graphic Designer
Min
51$
Max
87$
Avg
68$
35$
48$
36$
DevOps
Min
63$
Max
95$
Avg
81$
42$
81$
53$
Lead Developer
Min
71$
Max
95$
Avg
82$
49$
59$
51$
Junior Developer
Min
44$
Max
61$
Avg
52$
25$
46$
30$
Intermediate Developer
Min
57$
Max
76$
Avg
66$
32$
44$
36$
Senior Developer
Min
70$
Max
95$
Avg
79$
41$
53$
48$
Junior QA (Manual)
Min
36$
Max
60$
Avg
46$
22$
36$
30$
Intermediate QA (Manual)
Min
45$
Max
68$
Avg
58$
26$
42$
35$
Senior QA (Manual)
Min
57$
Max
76$
Avg
68$
30$
49$
39$
Junior QA (Automated)
Min
37$
Max
61$
Avg
50$
26$
38$
33$
Intermediate QA (Automated)
Min
51$
Max
72$
Avg
66$
30$
46$
38$
Senior QA (Automated)
Min
63$
Max
83$
Avg
76$
35$
52$
40$

General information

PanamaThailand
Currency
PAB and USDTHB
GDP growth%
15.31.5
Population
4.351 million (2021)71.6 million (2021)
Time zone
GMT-5GMT+7
Region
Latin AmericaAsia

Panama

Thailand

Scorecard

Software outsourcing readiness

Medium
Medium

Technology capabilities

Web DesignMobile Applications
Mobile applicationsQuality Assurance

Industries

StartupsFintech
FintechInsurance

Economic overview

Political Stability

-2.5

2.5

Democracy status

0

100

Business climate

Very good

Extreme

Risk assessment

Very low

Extreme