Outsourcing rates by profession ($/hour)
Indicative blended rates for senior-level specialists.
| Profession | Min | Max | Avg |
|---|---|---|---|
| Business Analyst | 48 | 69 | 63 |
| Project Manager | 45 | 67 | 58 |
| Scrum Master | 51 | 63 | 55 |
| Graphic Designer | 45 | 61 | 55 |
| DevOps | 52 | 68 | 60 |
| Lead Developer | 57 | 70 | 66 |
| Junior Developer | 29 | 45 | 35 |
| Intermediate Developer | 40 | 56 | 45 |
| Senior Developer | 57 | 65 | 60 |
| Junior QA (Manual) | 22 | 38 | 29 |
| Intermediate QA (Manual) | 35 | 51 | 37 |
| Senior QA (Manual) | 40 | 52 | 41 |
| Junior QA (Automated) | 27 | 44 | 33 |
| Intermediate QA (Automated) | 36 | 54 | 40 |
| Senior QA (Automated) | 45 | 63 | 52 |
General information
Currency
UAH
GDP growth%
3.4
Population
43.79 million (2021)
Time zone
GMT+2
Region
Eastern Europe
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 App Development
IoT
BI
Big Data
Predictive Analytics
Key industries
Economic overview
Political Stability
-1.10The 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
5.57A global ranking based on political factors such as elections, government, participation, culture, and civil liberties.
Business climate
Very uncertainA 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
DefaultAn 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
Ukraine is a sovereign country located in Eastern Europe and is known for its rich culture, history, and diverse geography. With a population of over 44 million people, Ukraine is home to a variety of languages, religions, and ethnicities.
The has a mixed economy, with a combination of public and private sector participation. It is the 40th largest economy in the world in terms of nominal GDP and is characterized by moderate economic growth, despite political instability and corruption.
The country is a major producer and exporter of agricultural products, steel, and chemicals. Ukraine's service sector is also significant, with sectors such as finance, healthcare, and telecommunications playing a major role in the economy.
The IT sector is an emerging industry in Ukraine and is rapidly growing. The country has a well-developed IT infrastructure, with a high level of internet and mobile phone penetration. Ukraine's IT industry is focused on software development, IT services, and e-commerce. The country has a growing startup ecosystem, which has been supported by government efforts to promote innovation and entrepreneurship.
Despite facing challenges such as political instability and corruption, Ukraine has a promising economic future with a growing IT industry and a diversified economy.
Considering Ukraine for your next team?
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