Key Market Indicators
Slovak IT services export is on a robust growth trajectory, with projections indicating a rise to approximately €9 billion by 2028. This marks a significant increase from the €6.7 billion recorded in 2023, representing an average annual growth rate of 4.8%. Over the past two decades, Slovakia has seen its IT services supply expand at an average annual rate of 9.1%. Despite this impressive growth, the country was ranked 20th in 2023, with Hungary surpassing it by achieving the same €6.7 billion mark. In the broader European context, France, the United Kingdom, and Italy hold the second, third, and fourth positions respectively in IT services export rankings for 2023. This performance underscores Slovakia's competitive positioning and its potential for future advancements in the IT sector.
