IT growth rates in Europe

IT industry growth (in percentage terms) over the past five years. Major markets saw declines: Denmark and France fell by 19.7% and 17.1%, respectively. At the same time, Eastern Europe demonstrated significant growth, with some markets doubling or more (Lithuania, Bulgaria, Romania, Estonia, Greece, Cyprus). These countries are actively outsourcing product development services from large companies in Central Europe.

Data: Eurostat. Visualization: Panoptic Insights. Interactive table: https://tinyurl.com/yc8n3v7y