The IT Sector Accounts for 5.7% of the Sofia Economy
The IT sector accounts for 5.7% of the Sofia Economy, a growth of 50% between 2011 and 2015 from 3.8% to 5.7%. The growth can be explained with the fact that the sector is almost entirely export-oriented.
Between 2012 and 2015, export revenue of IT sector enterprises in Sofia (defined as income from services offered to foreign clients) grew by 78% to reach 1.2 billion BGN. During the same period, the share of the capital’s IT sector in the overall national export grew almost twice: from 1.4% to 2.1% of the total exported goods and services.
State and Development of the IT Industry in Sofia Report contains data about the share of the IT sector in the economy of Sofia Municipality, the segmentation in the sector, profile of the companies and the employees, average wages and productivity rate, investments in the IT sector and future trends for development of the industry in Sofia.
If you have further questions regarding the report or other data on the investment climate in Sofia, do not hesitate to contact our team at contact@investsofia.com.
