The Ukrainian IT sphere is developing thanks to talented and educated young Ukrainians, solid technical expertise (60%), high English proficiency level (70% speak English at an upper-intermediate level), knowledge of emerging disciplines such as Go AI/big data/blockchain, etc. and freedom do business
8.3% of the export of services from Ukraine is IT. And at the end of 2020, IT brought $5 billion to the budget.
Startups are actively developing in Ukraine: Ukraine took 34th place in the Global Startup Ecosystem Index 2021, ranking among 100 countries and 11th among European countries. Foreigners are actively investing in startups in Ukraine. For example, last year, the level of external financing was $571 million.