The IT industry before and during the war

Before the war, the national IT industry became one of the largest exporters of IT services in Europe, which grew by 25-30% every year and generated more than 4% of Ukraine's GDP. The IT market was the largest and constantly evolving due to formal education and switching, providing the most significant number of IT graduates.

The war started a new countdown in the history of the industry. According to the results of ten months of 2022, the sector brought USD 6 billion in export revenue to the economy of Ukraine and reached a growth mark of 10% compared to the previous year. According to our forecasts, by the end of the year, the industry will generate 7.1 billion US dollars and a 2.2% growth in the volume of exports relative to 2021.

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