IT exports in 11 months — $5.97 billion: minimal growth, but the sector remains a pillar of the economy
Over the first 11 months of 2025 the IT sector brought in nearly $6 billion. Why was growth only 2.4%, and what does that mean for jobs, the budget, and national resilience?
By Tetiana Suchkova-Ladik
January 7, 2026 · 1 min read
Quick numbers
$5.97 billion — that is how much Ukraine earned from exports of IT services over the first 11 months of 2025. This is an increase of only 2.4% compared with the same period in 2024; on average the sector brought in $543 million per month.
"Over the first 11 months of 2025 Ukraine earned $5.97 billion from exports of IT services. Growth compared with the same period in 2024 amounted to 2.4%."
— OpenDataBot
Position in exports: why it matters
IT services account for 42% of all Ukraine's services exports and about 12% of total exports of goods and services. At the same time, total services exports fell by 9% to $14.33 billion, and total exports of goods and services fell by 5% to $49.21 billion. These figures make IT not just a revenue driver but a key element of economic stability during the crisis.
Context and reasons for moderate growth
A comparison with the record year 2022 shows the average monthly figure then was $612 million — nearly 10% higher than now. The current "plateau" is explained by several factors: global demand conditions for software, competition for talent, partial company relocations, currency fluctuations and logistical risks related to martial law. Analysts note that some of the slowdown is cyclical, while some is structural.
What this means in practice
Sluggish growth does not mean collapse: the sector maintains high margins, provides jobs and generates foreign-currency inflows needed to support imports of critical goods and state programs. At the same time, this trend underlines the need for policies that turn export successes into long-term investments in education, infrastructure and intellectual property protection.
Conclusion
IT remains a cornerstone of exports and the national economy, but the 2025 figures signal that steps are needed to restore the growth trend. Whether government policy, investors and the sector itself can align priorities is the key question for the next 12 months.
