The European Computer Programming and Consultancy Turnover Index reveals significant growth discrepancies among countries. Montenegro leads with the highest turnover index, followed by Serbia and Estonia. Eastern European countries dominate the top positions, indicating robust growth in their tech sectors. Notably, countries like Macedonia show negligible growth, suggesting market maturity or challenges. Western European countries such as Germany, France, and Spain have moderate growth, reflecting market saturation.
Future trends indicate a potential shift as mature markets leverage digital innovation and automation. Eastern Europe may continue its growth trajectory due to cost advantages and an increasing talent pool, promising strong ICT sector development.
Top countries in Computer Programming and Consultancy Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Montenegro | 532.2 | 2022 | +18.53% | +29.05% | View data |
| 2 | 2 Serbia | 490.9 | 2022 | +42.21% | +25.59% | View data |
| 3 | 3 Estonia | 463.1 | 2022 | +69.88% | +25.02% | View data |
| 4 | 4 Lithuania | 427.9 | 2022 | +33.09% | +21.58% | View data |
| 5 | 5 Cyprus | 372.3 | 2022 | +39.44% | +20.91% | View data |
| 6 | 6 Romania | 366.2 | 2022 | +43.21% | +25.1% | View data |
| 7 | 7 Bosnia and Herzegovina | 348 | 2022 | +34.21% | +26.18% | View data |
| 8 | 8 Albania | 319.2 | 2022 | +36.06% | +24.69% | View data |
| 9 | 9 Bulgaria | 305 | 2022 | +10.47% | +17.72% | View data |
| 10 | 10 Hungary | 282.7 | 2022 | +23.94% | +18.93% | View data |
