a close up of a computer screen with a triangle pattern
Top Countries for Offshoring Data Analytics

Outsourcing Your Data Analytics? Here Are 9 Offshore Locations to Consider

Discover top countries to offshore data analytics for cost savings and time zone benefits. Explore 9 locations to find the best fit for your needs.

Outsourcing Your Data Analytics? Here Are 9 Offshore Locations to Consider

Outline

a blue clock with a white clock face on it
13
 MINUTE READ
9 Top Countries for Offshoring Data Analytics
arrow right
Data Analytics Services You Can Outsource
arrow right
Cost Considerations for Offshoring Your Data Analytics
arrow right
Final Thoughts
arrow right
a blue circle with the word linked on it
share on linkedin
the letter x in a black circle
share on twitter
the instagram logo in a circle
share on instagram

Key Takeaways

  1. The top countries for offshoring data analytics offer competitive rates, but nearshoring to Latin America (LatAm) provides cultural and time zone alignment benefits.
  2. Most data analytics services, like predictive analytics and BI solutions, can be outsourced efficiently, eliminating the need for in-house hires.
  3. Offshoring costs vary by region, role, and hiring model, making it crucial to compare options for the best value.

Data is like raw material—plentiful and powerful, but until you break it down and turn it into something useful, it’s not much use to anyone. This important task falls to data analysts, whose insights drive strategic business decisions. 

However, skilled data analysts are in high demand and can be expensive to hire locally. That’s why more companies are exploring the top countries to offshore their data analytics, gaining access to global talent, cost-efficiencies, and time zone advantages. 

In this article, we’ll explore the best destinations for offshoring data analytics and look into their unique strengths to help you find the right fit for your needs.

9 Top Countries for Offshoring Data Analytics

Let’s jump straight into our list of the best countries to hire offshore data analytics talent. These countries represent a mix of offshoring and nearshoring options. Each location offers unique advantages and challenges, but they all share two key benefits: competitive rates and access to skilled professionals.

Offshore countries are located outside the US, which can provide significant cost savings, round-the-clock operations, and specific expertise for businesses, making them attractive options.

Nearshoring, a type of offshoring, refers to outsourcing to countries that share a time zone with the US or have a few hours of overlap with US businesses. This includes countries in the Lat Am region

Choosing nearshore data analytics facilitates real-time collaboration and effective communication between your remote workers and your local team. It also means greater cultural compatibility, as the talent’s culture aligns more closely with US business practices. 

Understanding these distinctions will help you better choose the right location to suit your business needs. 

1. India

India's flag, one of the top countries for offshore data analysts

India is a well-established leader in the global outsourcing industry, known for its vast talent pool and competitive pricing. With over 5.4 million IT professionals and 36% of its tech workforce digitally skilled, India is an attractive destination for data analytics offshoring. 

India ranks among the best globally for artificial intelligence, machine learning, and big-data analytics talent, making it ideal for advanced data projects. 

Additionally, the Digital Personal Data Protection (DPDP) Act maintains data privacy while allowing cross-border data transfers, adding a layer of security for international businesses.

Time zone: 9.5 (summer) or 10.5 (winter) hours ahead of EST 

2. Poland

Building in Poland, top countries for offshore data analysts

Poland has rapidly emerged as a leading Eastern European hub for data analytics outsourcing, thanks to its highly skilled talent pool and strong emphasis on STEM education system. With a modern business services sector employing over 457,100 people and a growing reputation as a tech hotspot, Poland attracts top talent from across Europe. 

It’s also known for its knowledge-intensive business services, which generated $36.8 billion in exports in 2023. Key cities like Kraków and Warsaw are thriving tech hubs backed by European Union co-financing of up to 85%, making Poland a strategic choice for businesses looking for high-quality analytics expertise.

Time zone: 6 hours ahead of EST 

3. Philippines

A waving flag of the Philippines as one of the top countries for offshore data analysts

The Philippines is a global Business Process Outsourcing (BPO) powerhouse renowned for its large, English-speaking workforce. With 1.7 million professionals employed in the IT-BPM industry and a rapid growth rate, it’s one of the top outsourcing countries for cost-effective data analytics. 

The government’s Digital Workforce Competitiveness Act is driving digital upskilling, maintaining a steady supply of industry-ready talent. As a fast-growing hub for IT and analytics, with a tech sector adding 2.5 million jobs, the Philippines offers a balanced mix of affordability and expertise, making it an ideal choice for businesses seeking scalable data solutions.

Time zone: 12 (summer) or 13 (winter) hours ahead of EST 

4. Brazil

Girl walking beside a wall painted with Brazil's flag, top countries for offshore data analysts

Brazil is the largest IT market in Latin America, accounting for 36.5% of the region’s tech industry. It boasts a vast pool of tech talent, including a growing number of data scientists and developers. 

Businesses outsourcing to Brazil benefit from its favorable Information and Communication Technology laws, which offer tax incentives for tech services. Additionally, Brazil’s strict data protection law (LGPD), which is similar to the GDPR, means high standards of data privacy and security. 

Time zone: 1 (summer) or 2 (winter) hours ahead of EST 

5. Argentina

Argentina's flag, one of the top countries for offshore data analysts

Argentina is a rapidly growing hub for data analytics outsourcing, with its tech sector adding 35,000 jobs over the past year. Known for its English language proficiency and investment in Knowledge-Based Services (KBS), nearshoring to Argentina ensures smooth communication with international clients. 

The country also boasts advanced IT infrastructure, including robust broadband networks and modern cloud platforms, which support reliable and efficient data processing. 

Time zone: 1 (summer) or 2 (winter) hours ahead of EST

6. Chile

A city park in Chile as one of the top countries for offshore data analytics

Chile is an emerging hub for data analytics outsourcing, known for its well-trained workforce and high English proficiency. With one of Latin America’s highest PISA scores and strong university programs, Chile consistently produces skilled tech professionals. 

Its IT market is projected to grow at a CAGR of 8.5% through 2027, reflecting its expanding tech ecosystem. Chile’s new Data Protection Law (DPL) enhances data security by aligning with international standards, like GDPR, for robust privacy controls. 

Time zone: same time as EST in the summer and 2 hours ahead of EST in the winter

7. Colombia

Wing flag of Colombia, one of the top countries for offshore data analysts

Colombia is rapidly emerging as a prime destination for data analytics outsourcing, backed by government initiatives like Misión TIC 2022, which supported the training of 100,000 new programmers. 

Its outsourcing sector grew by 14.6% in 2022 and 6.6% in 2023, reflecting rising global demand for its IT and BPO services. Colombia also benefits from strong trade agreements, such as the US–Colombia FTA, which supports ICT services trade. 

Additionally, its data protection law (Law 1581/2012) aligns with international standards, which means data security in Colombia is robust. 

Time zone: 1 hour behind EST in the summer and same as EST in the winter

8. Vietnam

Small flags of Vietnam, one of the top countries for offshore data analysts

Vietnam is rapidly gaining traction as an offshore hub for data analytics, supported by a vast talent pool of over 400,000 IT engineers and 60,000+ ICT companies. The country’s thriving tech parks, such as the Saigon Hi-Tech Park along with new data centers, highlight its robust infrastructure. 

Backed by the National Digital Transformation Plan, which focuses on e-government, digital skilling, and cybersecurity, Vietnam provides a forward-looking, digitally savvy ecosystem. 

Time zone: 11 (summer) or 12 (winter) hours ahead of EST 

9. South Africa

Waving flag of South Africa as one of the top countries for offshore data analysts

South Africa is a rising star in data analytics offshoring, receiving an 80.6% rating in the latest Ryan Strategic Advisory Offshore BPO Confidence Index due to its robust BPO ecosystem. 

Its data analytics market is projected to reach $2.75 billion by 2030, with a remarkable CAGR of 17.3% from 2025 to 2030, showcasing its rapid growth potential. The country boasts a large, English-speaking workforce, with about 112,000 professionals servicing international clients in the Global Business Services sector. 

Time zone: 8 (summer) or 7 (winter) hours ahead of EST 

Data Analytics Services You Can Outsource

Outsourcing data analytics lets businesses tap into specialized skills and cost-effective solutions, boosting efficiency and decision-making. 

By offshoring these services, companies can leverage global expertise to gain actionable insights while staying focused on their core operations. Here are the key data analytics services you can outsource:

  • Descriptive analytics: Looks at historical data to spot trends and patterns, helping businesses understand past performance and make informed decisions.
  • Predictive analytics: Uses statistical models and machine learning to forecast future trends, allowing businesses to anticipate changes and make proactive decisions.
  • Prescriptive analytics: Suggests actionable strategies by analyzing potential outcomes, helping companies optimize decision-making and improve efficiency.
  • Data mining: Digs through large datasets to find valuable patterns and insights, supporting data-driven strategies and uncovering new growth opportunities.
  • Big data analytics: Processes massive, complex datasets to uncover hidden patterns and market trends, giving businesses a competitive edge.
  • Real-time analytics: Analyzes data as it’s generated, enabling instant decision-making in dynamic business environments.
  • Business Intelligence (BI) solutions: Delivers strategic insights through dashboards and reporting tools, driving business growth and informed decision-making.

Cost Considerations for Offshoring Your Data Analytics

The costs of partnering with companies that can facilitate offshoring in data analytics depend on region, experience level, tech stack, and hiring models. Knowing these differences helps businesses optimize budgets while getting the most value. Here’s what you need to consider.

1. Market rates differ across different regions

Salaries for data analysts in LatAm, for instance, range from $30,000 to $60,000 per year, which is 42.73% lower than in the US. This cost-efficiency makes LatAm a popular choice for companies wanting to hire top data analysts without the high price tag. 

Here are some current rates from Near’s data analyst talent, showcasing the cost-efficiency and wide range of skills available:

  • DataOps engineer (Peru): $1,200 – $2,500 per month. Ideal for managing data pipelines and automation.
  • Airtable specialist (Bolivia): $1,700 – $2,900 per month, perfect for businesses needing workflow optimization.
  • Junior data analyst (Argentina): $2,200 – $2,500 per month, great for entry-level data analysis tasks.
  • Data scientist (Brazil): $4,000 – $4,500 per month, experienced in advanced analytics and AI models.
  • Mid-level data engineer (Brazil): $4,500 – $5,500 per month, skilled in building scalable data infrastructure.

Factors that influence cost can vary by seniority, with entry-level roles commanding lower average rates than mid-level and senior roles. Additionally, the tech stack required (e.g., Python, SQL, machine learning tools) can impact salaries, as specialized skills command premium rates. 

Hiring models, such as project-based contracts, full-time employment, or long-term engagements, also influence overall expenses.

2. Lower costs don’t necessarily mean better value

When choosing a data analyst recruitment agency or freelance data analyst, keep value and costs in mind. While upfront costs might seem lower, investing in skilled talent delivers long-term savings through better efficiency and faster project delivery. 

When data is handled by experts, it leads to high-quality insights that improve decision-making and give your business a competitive edge.

3. Watch out for the hidden costs

Offshoring can come with hidden costs, like communication challenges due to time zone differences, project management overhead, and intellectual property complexities. 

Being aware of these potential issues and budgeting for them helps encourage seamless collaboration and mitigates unexpected expenses.

4. Should you keep data analytics in-house or offshore?

Offshoring is generally more cost effective than hiring and employing in-house teams because it cuts down on overhead costs like office space, equipment, and employee benefits. 

Nearshoring can provide further value by offering the benefits of offshoring combined with the ability to collaborate with your remote team during your work hours.

It also offers flexibility in team size, making it easier for businesses to scale up or down as their needs change.

Final Thoughts

Offshoring data analytics offers strategic advantages like cost savings, access to top talent with the skill sets you need, and increased operational efficiency. Choosing the right location is key, as it impacts both talent quality and workflow. 

Nearshoring gives you the best of both worlds—access to skilled data analysts and the convenience of working in similar time zones. 

Whether you’re already exploring the top countries to outsource data analytics or you’re ready to get started, Near can connect you with top LatAm talent. 

Book a free consultation and start transforming your data.

Frequently Asked Question

Receive remote hiring insights delivered weekly.

a green lightning bolt with a black background
a white and yellow background with a diagonal triangle

Discover Why Hiring in LatAm is a Cheat Code. Download our FREE Guide Now.

2024 Salary Guide: US vs. Latin America
Discover US and Latin American Salaries by Role.
LatAm Hiring Cost Savings Calculator
Calculate Your Savings and Unlock Funds for Growth Initiatives
Hiring Remotely and Hitting Roadblocks?
Solve your hiring challenges with the “Executive’s Guide to Hiring the Top 1% of Remote Talent in 21 Days”
How to Hire US-Quality Talent Offshore
Learn how to hire skilled offshore talent faster, and build a team that fits your company’s culture and standards.
The State of LatAm Hiring for 2025
How US companies are scaling with remote talent