IT exports from Kazakhstan have grown 20 times over 3 years

A roundtable discussion was held with the Minister of Digital Development, Innovations and Aerospace Industry Bagdat Musin and representatives of leading IT exporters.

During the meeting, participants discussed current issues faced by Astana Hub residents and proposals for the further development of the Kazakh IT ecosystem.

Today, Kazakhstan's IT exports are showing rapid growth. In 2020, the country's IT exports amounted to approximately $30 million, and by 2023, they are expected to exceed $500 million. This means that IT exports have grown nearly 20 times over three years. This contributes to economic growth, with salaries being paid and taxes collected.

In his Address, the Head of State set a task to increase IT services exports to $1 billion by 2026 and to make our country a hub for digital nomads. Over the past few years, Kazakhstan has made significant strides in developing its IT sector. Major global companies and investors are being attracted, and favorable conditions are being created for local startups.

Source: gov.kz