Outsourcing rates by profession ($/hour)
Indicative blended rates for senior-level specialists.
| Profession | Min | Max | Avg |
|---|---|---|---|
| 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
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
Energy/Smart Grids
Medical IoT
Key industries
Economic overview
Political Stability
-0.40The 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
5.04A global ranking based on political factors such as elections, government, participation, culture, and civil liberties.
Business climate
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
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.
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