In the first quarter of 2026, Georgia’s IT sector posted strong growth, with foreign revenues rising significantly, according to statistics published by the National Bank. The sector generated $441.3 million in foreign income, which is 65% higher—or $175 million more—than in the same period last year.
This growth follows a record year in 2025, when the IT sector’s total revenue reached $1.15 billion, marking a 67% annual increase. The expansion has made the information and communications sector—of which IT is a major component—the fastest-growing segment in the economy during the first quarter of 2026, with overall growth of 36% and a total size of 2.2 billion GEL.
The rapid expansion of Georgia’s IT industry has largely been attributed to migration-driven effects. Over the past few years, thousands of IT professionals from Russia, Ukraine, and Belarus relocated to Georgia, registering companies or operating as individual entrepreneurs. Their activities were therefore recorded as IT services exported from Georgia, significantly boosting sector performance.
Employment trends reflect this growth as well. While the information and communications sector employed 30,600 people at the end of 2021, this number rose to 39,000 in 2022 and reached 54,500 by 2025, highlighting the sector’s rapid expansion over a relatively short period.
