Outsourcing rates by profession ($/hour)
Indicative blended rates for senior-level specialists.
| Profession | Min | Max | Avg |
|---|---|---|---|
| Business Analyst | 57 | 79 | 73 |
| Project Manager | 53 | 76 | 67 |
| Scrum Master | 61 | 72 | 64 |
| Graphic Designer | 53 | 70 | 64 |
| DevOps | 62 | 77 | 70 |
| Lead Developer | 68 | 80 | 77 |
| Junior Developer | 35 | 52 | 41 |
| Intermediate Developer | 47 | 64 | 52 |
| Senior Developer | 68 | 74 | 70 |
| Junior QA (Manual) | 26 | 43 | 34 |
| Intermediate QA (Manual) | 41 | 58 | 44 |
| Senior QA (Manual) | 47 | 60 | 48 |
| Junior QA (Automated) | 32 | 50 | 39 |
| Intermediate QA (Automated) | 43 | 62 | 47 |
| Senior QA (Automated) | 54 | 72 | 60 |
General information
Currency
EUR
GDP growth%
8
Population
1.331 million (2021)
Time zone
GMT+2
Region
The Baltics
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
Mobile and Web Apps
Cybersecurity
Key industries
Economic overview
Political Stability
0.80The 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
7.84A global ranking based on political factors such as elections, government, participation, culture, and civil liberties.
Business climate
Very 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
ModerateAn 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
Estonia is a small country located in Northern Europe on the eastern coast of the Baltic Sea. The country has a rich history and culture, with a unique language and numerous cultural landmarks.
The country has a highly developed, market-based economy that is known for its openness to foreign trade and investment. It has a diverse economy, with significant contributions from industries such as electronics, engineering, and manufacturing, as well as the service sector, which includes finance, tourism, and telecommunications. Estonia has experienced strong economic growth in recent years, with a high level of innovation and entrepreneurship.
Estonia is a member of the European Union, NATO, and the World Trade Organization, and has signed free trade agreements with a number of countries. The country is also known for its advanced digital infrastructure, with a highly developed IT sector and widespread access to broadband internet and mobile phone services. The government has made significant investments in digital technology, including initiatives to promote e-governance, online education, and the use of digital solutions in healthcare and business.
Considering Estonia for your next team?
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