Outsourcing rates by profession ($/hour)
Indicative blended rates for senior-level specialists.
| Profession | Min | Max | Avg |
|---|---|---|---|
| Business Analyst | 43 | 63 | 57 |
| Project Manager | 40 | 61 | 52 |
| Scrum Master | 46 | 58 | 50 |
| Graphic Designer | 40 | 56 | 50 |
| DevOps | 47 | 62 | 55 |
| Lead Developer | 51 | 64 | 60 |
| Junior Developer | 26 | 42 | 31 |
| Intermediate Developer | 35 | 51 | 41 |
| Senior Developer | 51 | 60 | 55 |
| Junior QA (Manual) | 20 | 34 | 26 |
| Intermediate QA (Manual) | 31 | 46 | 34 |
| Senior QA (Manual) | 35 | 48 | 37 |
| Junior QA (Automated) | 24 | 40 | 30 |
| Intermediate QA (Automated) | 32 | 49 | 36 |
| Senior QA (Automated) | 41 | 58 | 47 |
General information
Currency
BYN
GDP growth%
2.3
Population
9.34 million (2021)
Time zone
GMT+3
Region
Eastern Europe
Scorecard
160 country assessments, drawn up on the basis of macroeconomic, financial and political data, are made freely available.
Regularly updated, they provide an estimate of the average credit risk on a country’s businesses. This is an invaluable tool, giving an indication of a country’s potential influence on businesses’ financial commitments.
Our analyses use a eight-level ranking. In ascending order of risk, these are
Source linkcoface.com/Economic-Studies-and-Country-RisksOverall readiness
Software outsourcing readiness
Technology capabilities
Software Development
Mobile App Development
Key industries
Economic overview
Political Stability
-0.70The likelihood of political instability and/or politically motivated violence, including terrorism, is rated on a scale of approximately -2.5 to 2.5, where the score of -2.5 represents the highest perceived risk, and the score of 2.5 represents the lowest perceived risk.
Democracy status
2.41A global ranking based on political factors such as elections, government, participation, culture, and civil liberties.
Business climate
Highly uncertainA comprehensive evaluation of the business environment, including access to and accuracy of corporate financial information and the strength of creditor protection through fair and effective resolution of unpaid debts through the local legal system.
Risk assessment
DefaultAn assessment of the average risk of non-payment for companies, determined by economic, financial, and political factors.
Figures are indicative and compiled from public indices. See our disclosure for methodology and sources.
Overview
Belarus is a landlocked country located in Eastern Europe and is known for its rich culture and history. With a population of over 9 million people, Belarus has a diverse ethnic and linguistic makeup. The country's economy is dominated by the service sector, which contributes to around two-thirds of its GDP. Agriculture and manufacturing also play a significant role in the country's economy.
Belarus has a mixed economy with a combination of public and private sector participation. It is the 72nd-largest economy in the world in terms of nominal GDP. Despite its moderate economic growth, Belarus faces several challenges such as high unemployment rates, a lack of foreign investment, and political instability.
The IT sector is an emerging industry in Belarus and is rapidly growing. The country is home to many IT companies, and the government has made significant investments to develop its IT infrastructure. The country's IT industry is focused on software development, IT services, and telecommunications. Belarus has a growing startup ecosystem, which has been supported by the government's efforts to promote innovation and entrepreneurship.
Despite facing some challenges, Belarus has a promising economic future with a growing IT industry and a diversified economy.
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