Outsourcing rates by profession ($/hour)
Indicative blended rates for senior-level specialists.
| Profession | Min | Max | Avg |
|---|---|---|---|
| Business Analyst | 60 | 87 | 79 |
| Project Manager | 56 | 84 | 72 |
| Scrum Master | 64 | 79 | 69 |
| Graphic Designer | 56 | 76 | 69 |
| DevOps | 65 | 85 | 75 |
| Lead Developer | 72 | 88 | 83 |
| Junior Developer | 37 | 57 | 44 |
| Intermediate Developer | 49 | 70 | 56 |
| Senior Developer | 72 | 82 | 75 |
| Junior QA (Manual) | 27 | 47 | 36 |
| Intermediate QA (Manual) | 43 | 63 | 47 |
| Senior QA (Manual) | 49 | 66 | 51 |
| Junior QA (Automated) | 34 | 55 | 41 |
| Intermediate QA (Automated) | 45 | 68 | 50 |
| Senior QA (Automated) | 57 | 79 | 65 |
General information
Currency
BGN
GDP growth%
7.6
Population
6.878 million (2021)
Time zone
GMT+2
Region
The Balkans
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
Systems Integration
Mobile/Web Engineerig
Key industries
Economic overview
Political Stability
0.50The 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
6.64A global ranking based on political factors such as elections, government, participation, culture, and civil liberties.
Business climate
GoodA 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
HigherAn 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
Bulgaria is a sovereign country located in Southeast Europe and is known for its rich history and diverse geography. With a population of over 7 million people, Bulgaria is home to a variety of languages, religions, and ethnicities.
The country has a mixed economy, with a combination of public and private sector participation. It is the 66th largest economy in the world in terms of nominal GDP and is characterized by moderate economic growth, despite facing some challenges such as corruption and political instability.
The country is a major producer and exporter of a wide range of goods, including machinery, electronics, and food products. Bulgaria's service sector is also significant, with sectors such as finance, healthcare, and tourism playing a major role in the economy.
The IT sector is an emerging industry in Bulgaria and is rapidly growing. The country has a well-developed IT infrastructure, with a high level of internet and mobile phone penetration. Bulgaria's IT industry is focused on software development, IT services, and outsourcing. The country has a growing startup ecosystem, which has been supported by government efforts to promote innovation and entrepreneurship.
Considering Bulgaria for your next team?
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