Sofia ranks 2nd among the Top 10 fastest growing tech centers in Europe in terms of annual growth of active members in the ecosystem. In 2017 alone, the growth of the share of IT in Sofia’s economy was close to 20%. 90% of Bulgaria’s tech companies are in Sofia. 

IT Sector in Sofia

Overview

14%

of Sofia’s exports
produced by the IT sector

50 000 

employees

3-4 times

higher salaries
than the national average

Growth in 2018

+16%

revenue growth
compared to 2017

+10% 

employee growth
compared to 2017

+143%

revenue growth in the last 6 years

Distribution of Employees by Activity

30.2%

are programming

11.6% 

work in IT consultancy

9%

employed in data processing, hosting etc.

6.7%

work in web-portals & similar

42.5%

employed in other IT activities

Sources: BASSCOM Barometer 2018,
State of the European Tech Report 2018,
State & Development of the IT Industry by Sofia Investment Agency 2017

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