IT outsourcing rates in Armenia

Armenia is a landlocked country located in the South Caucasus region of Eastern Europe. It has a rich history and culture and is home to numerous historical and cultural landmarks.
Armenia has a mixed economy that is transitioning from a planned economy to a market-based one. The country has a relatively small industrial sector, with a focus on the production of food, beverages, textiles, and other consumer goods. The service sector is the largest contributor to the country's GDP and includes sectors such as tourism, banking, and telecommunications. The Armenian economy has been growing steadily in recent years, but it remains vulnerable to external shocks and relies heavily on foreign trade and investment. The country is a member of the World Trade Organization and has signed free trade agreements with a number of countries.
Armenia has a well-developed IT infrastructure, with a high level of internet and mobile phone penetration. The country has a modern telecommunications network, with widespread access to broadband internet and mobile phone services. The government has made significant investments in the development of the IT sector, including initiatives to promote the use of technology in education, healthcare, and business.