Outsourcing rates by profession ($/hour)
Indicative blended rates for senior-level specialists.
| Profession | Min | Max | Avg |
|---|---|---|---|
| Business Analyst | 37 | 61 | 44 |
| Project Manager | 45 | 78 | 55 |
| Scrum Master | 58 | 77 | 68 |
| Graphic Designer | 35 | 48 | 36 |
| DevOps | 42 | 81 | 53 |
| Lead Developer | 49 | 59 | 51 |
| Junior Developer | 25 | 46 | 30 |
| Intermediate Developer | 32 | 44 | 36 |
| Senior Developer | 41 | 53 | 48 |
| Junior QA (Manual) | 22 | 36 | 30 |
| Intermediate QA (Manual) | 26 | 42 | 35 |
| Senior QA (Manual) | 30 | 49 | 39 |
| Junior QA (Automated) | 26 | 38 | 33 |
| Intermediate QA (Automated) | 30 | 46 | 38 |
| Senior QA (Automated) | 35 | 52 | 40 |
General information
Currency
THB
GDP growth%
1.5
Population
71.6 million (2021)
Time zone
GMT+7
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
Mobile applications
Quality Assurance
Key industries
Economic overview
Political Stability
-0.60The 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
6.04A 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
Thailand is a Southeast Asian country known for its rich cultural heritage, diverse geography, and vibrant economy. With a population of over 69 million people, Thailand has a mix of ethnic and linguistic backgrounds. The country's economy is diversified, with the service sector accounting for a significant portion of its GDP. Thailand is also a major exporter of rice, automobiles, and tourism services.
Despite progress in recent years, Thailand faces several challenges, including income inequality, political instability, and low levels of foreign investment in certain sectors. The government has implemented several measures to address these challenges, including promoting economic growth and expanding access to education and healthcare.
Thailand 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. Thailand is home to several successful technology companies, including Agoda and LINE Corporation. 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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