The export IT industry in January-May 2022 provided foreign exchange earnings to the Ukrainian economy in the amount of $3.2 billion, the IT Ukraine Association reported.
“During the three war months – March-May – the volume of exports of computer services increased by 6% compared to the same period of the previous year. In the first five months of 2022, the export IT industry provided foreign exchange earnings to the Ukrainian economy in the amount of $ 3.2 billion. On June 1, 2022, IT companies and individual entrepreneurs working in the IT industry transferred taxes and fees in the amount of about UAH 30 billion,” the association’s website said on Thursday.
According to the ITU, among other things, the stable operation of the industry allowed the IT sector to allocate more than UAH 1 billion for humanitarian purposes and support for the Armed Forces of Ukraine.
“At the same time, the IT industry is fighting on several fronts. 3% of professionals serve in the Armed Forces of Ukraine, approximately 12-15% are involved in the cyber front,” the association notes.
As reported, IT Ukraine notes the high resilience of the Ukrainian IT market in the conditions of the active phase of hostilities: during the war, 77% of IT companies attracted new customers, more than half of the companies plan to grow by 5-30% in 2022.
IT Ukraine is the largest association of IT companies, uniting 118 members and more than 80 thousand IT specialists.
