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Ukraine's techies a 'pillar of support' for national economy after Russian invasion

8 May 2025 1:41 PM | Shivani Kaura (Administrator)

Ukraine's technology industry has held up during Russia's invasion, with activity falling markedly less than other industries and increasing as a proportion of national exports since 2019.

The Eastern European nation's economy suffered when Russia launched a full-scale military invasion in 2022, but after three years, the tech industry has more or less recovered while other sectors have not.

Ukraine's IT services, measured as a share of GDP, fell from 4.5 percent in 2022 to 3.4 percent last year, but it remains higher than the 2.7 percent recorded in 2019. Meanwhile, agricultural products fell from 14.4 percent in 2019 to 12.8 percent in 2024, and metallurgy fell from 6.5 percent to 2.3 percent over the same period.

Read the full article online here.


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