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Countries Where Software Engineers Make The Most Money
Countries Where Software Engineers Make The Most Money
Posted Date:11-09-2014 Courtesy:
In recent years, the job market has increasingly rewarded technical professions like math and science for offering a pleasant work environment, good salary and healthy job security. However, in the recent past, growth of information technology has given rise to many careers and computer software engineering is one among them where individuals make the most money worldwide. Based on data from PayScale, Bloomberg came up with a list of countries where software engineers are paid the highest and you will also be surprised to know that software engineer in Pakistan makes the most money compared to other professions in the country.

Pakistan

Rank: 1

Ratio of median software engineer pay to average income: 5.56

Median annual pay for software engineers: $7,200

Average annual income: $1,296


Due to the explosive impact of computers and the rise in the growth of information technology, computers in the daily life of people has reportedly gone up and so as the same for Pakistani software engineering employees who are getting high salary packages for experienced as well as fresh software engineers.

The salary of these individuals varies from designation depending on the abilities of employees experience and technical talent. Software engineers in Pakistan are also getting good amount from freelancing by sitting at home, therefore, the field is growing as well as giving people high pay no doubt.

India

Rank: 2

Ratio of median software engineer pay to average income: 3.91

Median annual pay for software engineers: $6,200

Average annual income: $1,584


Information technology is playing an important role in India today. And to justify that the country has completely transformed its image from a slow moving bureaucratic economy to a land of IT hub and innovative entrepreneurs.

Software Engineering in India is one of the most rewarding career options in the job market that India has been offering in the recent past. And based on the work experience, expertise and field of work the profession has made a strong influence in driving huge income for professionals on this job.

South Africa

Rank: 3

Ratio of median software engineer pay to average income: 3.64

Median annual pay for software engineers: $24,000

Average annual income: $6,595


The African continent has faced major challenges due to the lack of skills shortage increasingly going up in the field of IT, education and many other disciplines. But with all this odds going against them, the country has not stopped its efforts to raise the bar in software engineering and this justifies its stand as its ranked 3rd on the list.

It might be a little surprise for most of us but software engineers who are primarily worked with the design, writing and testing of computer programs in this country have stood out the best and are making high incomes for their impressive technical skills.

Bulgaria

Rank: 4

Ratio of median software engineer pay to average income: 3.28

Median annual pay for software engineers: $25,200

Average annual income: $7,682


Bulgaria, the country that is known for its impressive nature and rich cultural heritage has highly qualified IT professionals even though the population is small and focused on only in few towns of the country.

With the things starting to change in Bulgaria as investors and IT startups are becoming more active, this in return has created more jobs for software engineers and in earning huge pay packages.

with a little bit of experience and country’s low tax rate come into play, software engineers in Bulgaria end up taking home more than what is expected.

China

Rank: 5

Ratio of median software engineer pay to average income: 3.15

Median annual pay for software engineers: $23,100

Average annual income: $7,333


In the recent years, China has emerged as a world economic powerhouse, and as it’s begun to expand the private sector of its economy with more professionals jumping at the opportunity to work in information technology field.

Even though a dip in the world markets has affected the working professionals for lucrative packages, software engineers in China with impressive qualifications, unique skill-set and plenty of work experience are among the top earners in this particular field.
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