When assessing Latin America’s tech labor market, Mexico and Brazil stand head and shoulders above the rest of the region due to the sheer size of their workforces.
Both countries have been able to leverage their positions as the two biggest economies in the region, as well as having the two largest populations, to build a colossal pool of software developers and engineers which can be counted in the hundreds of thousands.
Arguments could be made in favor of other Latin American countries where the IT labor pool isn’t as vast. Costa Rica, for example, has become a favorite spot for SaaS delivery thanks to its highly specialized and competent workforce. The reputation of Jamaica and other Caribbean countries is growing in the industry due to the ease of doing business provided by a population of native English-speakers and its use of Common Law.
Nevertheless, in a landscape in which the supply of tech labor still falls short of the needs of the market in terms of volume, the numbers seen in Mexico and Brazil are quite the asset.
The following infographic is meant to illustrate the position of Mexico and Brazil from the perspective of tech labor when compared to the rest of Latin America, underlining the status of both countries as behemoths within the region.
The numbers used for this infographic were taken from NSAM’s white paper on Latin America’s digital talent. Similar resources on topics related to the Nearshore are available here.
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