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Offshore Software Development in Bolivia

Bolivia is a democratic republic located in South America, bordering Argentina, Brazil, Chile, Paraguay and Peru. The population of Bolivia, at approximately 10 million, is a blend of many ethnicities, languages and cultures. Small companies in Bolivia that develop software, primarily focus on Microsoft .NET and Java development, software testing and quality assurance. With over 9,000 computer engineering students graduating from local universities, employees in these companies are well-educated and are incredibly good at programming. Also, since the economy in Bolivia is less developed, the costs to outsource software are relatively low.

TALENT POOL & EDUCATION

Bolivia has over 9,000 computer engineering students graduating from local universities, employees in these companies are well-educated and are incredibly talented at programming.

LANGUAGE

Spanish is the official language. Bolivians in general display a high level of English proficiency. Business professionals there are easy to communicate with and relate to.

ECONOMIC OUTLOOK

The economy in Bolivia is less developed, which makes for relatively low software outsourcing costs. Driven by exports, especially cocoa and oil, Bolivia’s less-developed and low-income economy is has been negatively impacted by drug trade. Still, the economy is expected to continue growing with GDP increasing by 3.8% in 2018.

POLITICAL CONDITIONS

Bolivia was run by left-wing, Evo Morales from December 2005 through February 2016. Morales, from the Aymara indigenous group, came to power pushing radical programs to influence social inequality. In February 2016, Morales lost a referendum, where he would be allowed to run for president for a fourth term. Currently, Bolivia is does not have a positive relationship with the United States.

 

 The 2018 Guide to Software Outsourcing in Latin America

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The 2018 Guide to Software Outsourcing in Latin America provides up-to-date insights for companies considering Latin America as an outsourcing destination.

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