According to the document, in January-September, the IT sector's foreign revenue amounted to $475 million, which is 22%, or $133 million, less than the previous year. In 2023, Georgia's IT sector's foreign revenue amounted to $784 million, which was a record high for this sector. The boom in the IT sector in 2022-2023 is primarily related to the migration effect, as thousands of Russian, Ukrainian and Belarusian specialists have temporarily moved to Georgia, and therefore their activities are now considered IT services provided from Georgia.
If at the end of 2021, 30.6 thousand people were employed in belgium telegram phone number list the information and communication sector (which also includes the IT sector), this number increased to 39 thousand in 2022, and reached 48 thousand in 2024. Despite the increase in the total number of employees, the total income of the sector is decreasing, which is associated with the migration of Russian, Belarusian and Ukrainian IT sector employees who have temporarily moved from the country.
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