Poland's exports of ICT services have exhibited robust growth from 2013 to 2023, with the value standing at 15.155 billion US dollars in 2023. The year-on-year variation shows significant growth rates, peaking at 25.13% in 2018. More recent years saw a deceleration in the growth rate, with a 12.41% increase in 2023 compared to the previous year. The compound annual growth rate (CAGR) over the last five years was 13.64%, reflecting steady expansion within the sector.
- 2013 to 2018: Strong double-digit year-on-year growth, supported by a CAGR of approximately 18.55%, demonstrating the rapid expansion of Poland's ICT service exports.
- 2019 to 2023: Gradual deceleration in growth rates, with a slight dip in 2019 followed by overall stability. The year-on-year variation averaged around 16.1% to 13.64% during this period.
- Forecast (2024 to 2028): The future trend is projected to slow, with a forecasted 5-year CAGR of 6.73%. Overall growth is expected at 38.49% over this period, indicative of continued but less aggressive expansion.
Future trends to watch for include potential impacts of regulatory changes within the European Union, technological advancements, and the increasing demand for digital transformation across various industries globally. Monitoring how these factors influence Poland's ICT service export growth will be crucial for understanding the sector's trajectory.
