Report: Ukraine exported $4.5 billion worth of tech services in 2018

By The Kyiv Post / January 31, 2019

Ukraine’s tech sector earned the country an estimated $4.5 billion from exports of tech services in 2018, according to the “Tech Ecosystem Guide to Ukraine” factbook, published on Jan. 29.

That’s almost $1 billion up on the previous year’s figure, when IT brought in $3.6 million and made up 3.4 percent of Ukraine’s gross domestic product, according to the factbook, which was compiled by innovation park Unit.City and the Western NIS Enterprise Fund.

The Ukrainian tech community aims to grow these numbers to $8.5 billion by 2025, according to the factbook.

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Topics: Data & reports, International, IT services

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The Kyiv Post

Launched in 1995, Kyiv Post is Ukraine’s leading English-language newspaper, produced by a team of Western and Ukrainian journalists. Over the years, the weekly newspaper has led the charge for a free press in Ukraine, and has played roles in the Georgiy Gongadze scandal, the Orange Revolution and other significant Ukrainian events. The Kyiv Post’s IT coverage is sponsored by Looksery, Ciklum, Steltec Capital and SoftServe. The content is independent of the donors.

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