Outsourcing rates by profession ($/hour)
Indicative blended rates for senior-level specialists.
| Profession | Min | Max | Avg |
|---|---|---|---|
| Business Analyst | 45 | 60 | 48 |
| Project Manager | 53 | 77 | 60 |
| Scrum Master | 69 | 75 | 73 |
| Graphic Designer | 42 | 47 | 39 |
| DevOps | 50 | 79 | 57 |
| Lead Developer | 59 | 58 | 56 |
| Junior Developer | 30 | 45 | 33 |
| Intermediate Developer | 39 | 44 | 39 |
| Senior Developer | 49 | 52 | 52 |
| Junior QA (Manual) | 26 | 36 | 33 |
| Intermediate QA (Manual) | 32 | 41 | 38 |
| Senior QA (Manual) | 36 | 49 | 42 |
| Junior QA (Automated) | 32 | 37 | 35 |
| Intermediate QA (Automated) | 36 | 45 | 41 |
| Senior QA (Automated) | 42 | 51 | 44 |
General information
Currency
MYR
GDP growth%
3.1
Population
33.57 million (2021)
Time zone
GMT+8
Region
Asia
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
Web & Mobile Applications
Key industries
Economic overview
Political Stability
0.10The 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
7.24A 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
HighAn 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
Malaysia is a Southeast Asian country known for its diverse culture, stunning landscapes, and vibrant economy. The country's economy is diversified, with the service sector accounting for a significant portion of its GDP. Malaysia is also a major exporter of natural resources, including palm oil, petroleum, and natural gas.
Despite progress in recent years, Malaysia faces several challenges, including income inequality and corruption. The government has implemented several measures to address these challenges, including promoting foreign investment and increasing access to education and healthcare.
Malaysia has a well-developed IT infrastructure, with high levels of internet and mobile phone penetration. The country has made significant progress in expanding access to technology, particularly in urban areas. The government has also implemented initiatives to promote the use of technology in education and business, with a focus on expanding access to digital services for all citizens. Malaysia is home to several successful technology companies, including Grab and AirAsia. However, the country also faces challenges related to cybersecurity and privacy concerns, which have impacted the growth of its IT sector.
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