The 2024 forecast shows Lithuania leading the European Computer Programming and Consultancy Production Index with 33.36, followed by Romania at 30.47 and Hungary at 23.65. This growth is indicative of robust sector development in Eastern Europe, underlining its strategic advantage. Germany and France report notable outputs at 15.39 and 16.97, reflecting Western Europe's mature markets. From 2022, Lithuania and Romania are experiencing significant year-on-year growth of around 23.62% and 20.95% respectively, showcasing dynamic expansions. Over a five-year CAGR timeframe, Eastern Europe continues to propel up the ladder, cementing its rising role.
Looking ahead, digitization, AI advancements, and cross-border IT collaboration are trends to watch for propelling the industry. Investments in advanced skill sets and infrastructure in Eastern Europe could reshape the continent's techno-economic landscape, fostering enhanced production capabilities in computer programming and consultancy services.
Top countries in Computer Programming and Consultancy Production Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 333.6 | 2022 | +22.83% | +23.62% | View data |
| 2 | 2 Romania | 304.7 | 2022 | +37.69% | +20.95% | View data |
| 3 | 3 Hungary | 236.5 | 2022 | +16.39% | +15.17% | View data |
| 4 | 4 Bulgaria | 221.8 | 2022 | +1.7% | +9.42% | View data |
| 5 | 5 Latvia | 176.4 | 2022 | +13% | +5.48% | View data |
| 6 | 6 Slovenia | 174.8 | 2022 | +10.21% | +8.62% | View data |
| 7 | 7 Finland | 174.7 | 2022 | +11.56% | +8.93% | View data |
| 8 | 8 France | 169.7 | 2022 | +12.09% | +7.54% | View data |
| 9 | 9 Slovakia | 165.3 | 2022 | +17.82% | +11.76% | View data |
| 10 | 10 Germany | 153.9 | 2022 | +11.12% | +6.11% | View data |