Serbia's information technology sector has become one of the country's most dynamic economic drivers. According to the National Bank of Serbia, exports of information and communication technology (ICT) services reached €4.13 billion in 2024, up nearly 20 percent from the previous year. Preliminary figures for the first five months of 2025 show another 14 percent year-on-year rise, putting the sector on track to cross €5 billion in exports by the end of the year.
The industry employs an estimated 110,000 people, or about 4 percent of the national workforce, spread across more than 4,000 companies. Software development dominates the market, with strong clusters in Belgrade and Novi Sad. Over a decade, ICT exports have grown from roughly €375 million in 2012 to today's multibillion-euro scale, a trajectory that has outpaced many neighbouring economies.
