Sofia is among the fastest growing technology centers in Europe, with the IT sector accounting for nearly 25% of the city’s economy. In 2024, startups in the capital attracted a record investment of €1.1 billion. The city is establishing itself as a leading hub for fintech, artificial intelligence and green technologies.
The IT sector in Sofia
Overview
Over 100,000 employees
17%
of Sofia’s exports is the IT sector
3-4 times
higher salaries
than the national average
€3.73billion revenues for 2024
The fastest growing sector in Sofia
60%
job growth between 2020 and 2025
20%
production growth to the capital
12th place
among the countries with the best software developers in the world
27%
of those working in the sector are women
Distribution of employees by activity
30%
work as programmers
35%
are IT consultants
7.7%
employed in data processing, hosting, etc.
6.7%
work in internet portals and other
