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Export of Ukrainian IT-services is to Rise

Thursday, June 17, 2021
1 MIN
Export of Ukrainian IT-services is to Rise
Business in Ukraine Economy Innovations International affairs Investments IT Technologies

According to “GlobalLogic”, export earnings to the country's economy from the IT industry have tripled in 7 years

Compared to 2014, when the export of IT services amounted to $ 1.5 billion, at the end of 2020 it reached $5 billion (8.3% of all Ukrainian exports).

The number of engineers has also grown over the past 7 years. The total number has reached 213,000.

According to GlobalLogic estimates, one IT specialist now brings more than $22,000 to the country's economy in the form of exports from IT services. This suggests that the development of IT and the Ukrainian economy is associated with the growth of qualified engineers.

Earlier, the IT Djinni website recorded that the number of engineers in Ukraine is increasing by almost 20% per year. This is an excellent condition for maintaining the IT sector and the Ukrainian economy at the same high level, providing conditions for a profitable business.

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