Latin America: software developers' average salary 2018

This statistic displays the median annual salary of software developers across selected Latin American countries. According to the source, Panama was the country with the best paid software developers, at an average salary of about 26,000 U.S. dollars per year. Among the indicated countries, Argentina had the lowest median pay for software developers, with roughly 8,700 U.S. dollars per year.

Median annual salary for software developers in selected countries in Latin America as of July 2018

Median annual salary in U.S. dollars
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Release date

July 2018


Central and South America, Mexico

Survey time period

As of July 2018

Method of interview

Online survey

Supplementary notes

* Values were presented in local currencies. Except from Panama (the value of Panamanian balboas is equivalent to U.S dollars), figures in U.S. dollars were calculated by Statista based on June, 30, 2018 exchange rates at
The data was collected in an anonymous survey, in which salary figures were self-reported. Due to the small sample sizes in some countries, the figures should be treated with caution.
These figures do not take into account various factors which may influence a software developer's rate of pay, such as level of education, years of experience, languages known, and specialization.

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Statistics on "Software development"

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