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Serbia’s ICT sector sees strong export growth, targets EUR 4 billion by year-end

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The export of ICT services in Serbia saw robust growth throughout 2024, with first-quarter exports reaching EUR 917 million, marking a 17% increase compared to the same period in 2023. This figure also surpassed the total export value for the entire year of 2017.

The Ministry of Information and Telecommunications highlighted that Serbia’s ICT sector has consistently shown the highest annual growth rates, rising nearly tenfold from EUR 375 million in 2012 to EUR 3.44 billion in 2023. The Ministry aims to sustain this momentum, targeting a total ICT services export of approximately EUR four billion by the year-end through ongoing intensive initiatives and activities.

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