Outsourcing rates by profession ($/hour)
Indicative blended rates for senior-level specialists.
| Profession | Min | Max | Avg |
|---|---|---|---|
| Business Analyst | 65 | 78 | 74 |
| Project Manager | 69 | 94 | 75 |
| Scrum Master | 63 | 90 | 71 |
| Graphic Designer | 56 | 86 | 70 |
| DevOps | 69 | 94 | 84 |
| Lead Developer | 77 | 94 | 85 |
| Junior Developer | 48 | 60 | 54 |
| Intermediate Developer | 62 | 75 | 68 |
| Senior Developer | 76 | 94 | 82 |
| Junior QA (Manual) | 40 | 59 | 47 |
| Intermediate QA (Manual) | 49 | 67 | 60 |
| Senior QA (Manual) | 62 | 75 | 70 |
| Junior QA (Automated) | 41 | 60 | 52 |
| Intermediate QA (Automated) | 56 | 71 | 68 |
| Senior QA (Automated) | 69 | 82 | 78 |
General information
Currency
CRC
GDP growth%
7.6
Population
5.154 million (2021)
Time zone
GMT-6
Region
Latin America
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
SAP services
Custom Software Development
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
8.07A 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
SignificantAn 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
Costa Rica is a Central American country known for its rich biodiversity, natural beauty, and stable political environment. The country has a developing economy that is heavily dependent on the service sector, particularly tourism, which accounts for a significant portion of its GDP. Costa Rica has made significant progress in recent years toward becoming a more diversified and competitive economy, with a growing focus on technology and innovation.
Costa Rica has a relatively small industrial sector, which includes industries such as food processing, textiles, and chemicals. The government has made significant investments in the development of the IT sector, which is considered a key area for growth and innovation. The country is home to a number of technology companies and start-ups, particularly in the areas of software development, e-commerce, and digital marketing.
The government has also implemented policies to promote the adoption of new technologies and innovation, including the establishment of free trade zones and the promotion of foreign investment in the IT sector. The country is known for its highly educated workforce, with a growing focus on STEM education and training.
Considering Costa Rica for your next team?
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