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IT outsourcing rates in Bosnia and Herzegovina

Bosnia and Herzegovina is a country located in southeastern Europe with a rich cultural and historical heritage, and a developing economy, with a focus on industries such as mining, agriculture, and manufacturing. The country has significant reserves of coal, iron, and other minerals, and has a growing agricultural sector that includes the production of wheat, corn, and fruits.
The service sector is also an important contributor to the economy and includes sectors such as tourism, finance, and telecommunications. The country has a well-developed telecommunications network, with widespread access to broadband internet and mobile phone services.
Bosnia and Herzegovina has a small but rapidly growing IT sector, with a number of startups and established companies in fields such as software development, e-commerce, and gaming. The country's educated and skilled workforce, combined with its competitive labor costs, make it an attractive destination for international IT companies looking to outsource or set up development centers. In recent years, the Bosnian government has made efforts to promote the growth of the IT sector through a range of initiatives and programs. These include the establishment of IT parks, the provision of tax incentives for IT companies, and the introduction of IT-focused education and training programs.

Outsourcing rates by profession($/hour)

MinMaxAvg
Business Analyst
51$
76$
68$
Project Manager
47$
73$
62$
Scrum Master
54$
69$
59$
Graphic Designer
47$
67$
59$
DevOps
55$
74$
65$
Lead Developer
61$
77$
71$
Junior Developer
31$
50$
37$
Intermediate Developer
42$
61$
48$
Senior Developer
61$
71$
65$
Junior QA (Manual)
23$
41$
31$
Intermediate QA (Manual)
36$
55$
40$
Senior QA (Manual)
42$
57$
44$
Junior QA (Automated)
28$
48$
36$
Intermediate QA (Automated)
38$
59$
43$
Senior QA (Automated)
48$
69$
56$

General information

Currency

BAM

GDP growth%

7.5

Population

3.271 million (2021)

Time zone

GMT+1

Region

Eastern Europe

Scorecard

Software outsourcing readiness

Medium

Technology capabilities

Energy/Smart GridsMedical IoT

Industries

FintechHealthtech

Economic overview

Political Stability

-2.5

2.5

Democracy status

0

100

Business climate

Very good

Extreme

Risk assessment

Very low

Extreme