Georgia’s average per capita income would be GEL 800–900 lower without the IT industry, according to Giorgi Tsikolia, vice president of Lineate Georgia. Speaking to Business Course, he described the technology sector as a major contributor to economic growth and rising incomes.
According to the National Bank of Georgia, IT services exports generated $841.6 million in the first half of 2026, up 72% year-on-year, or $352 million. Revenue reached $441 million in the first quarter, up 65%, and $400 million in the second quarter, an 80% increase.
Tsikolia attributed the sector’s rapid growth to the arrival of major international companies in Georgia and rising global demand for technology services, particularly in the United States and the United Kingdom, which account for roughly half of the country’s IT exports. He said income per capita in the industry is around three times the national average and argued that the sector has potential to expand twofold or threefold.
The IT boom has also been linked to migration, as thousands of Russian, Ukrainian and Belarusian technology professionals relocated to Georgia and registered companies or individual businesses, with their services counted as exports from Georgia. Employment in the broader information and communication sector rose from 30,600 people at the end of 2021 to 39,000 in 2022 and 54,500 in 2025. The sector grew by 36% in the first quarter of 2026 to GEL 2.2 billion, then grew by 16.6% in the second quarter to GEL 1.89 billion.
