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The annual sales revenue of Russian IT companies was measured at approximately ** billion U.S. dollars in 2023, which was above the previous year's figure. The revenueÌýcontinuously increased between 2016 and 2021 before declining in 2022.

IT employment in Russia

Over **Ìýpeople worked in the Russian IT industry in 2022. Salaries offered in the sector varied between regions of Russia. For example, in the capital Moscow, the medium monthly pay offered to an IT specialist with one to three years of experience stood at * Russian rubles in 2021. To compare, in regions other than Moscow and Saint Petersburg, a candidate with the same experience was offered * Russian rubles.Ìý

IT outsourcing in Russia

In 2020, the revenue of the system integration and IT outsourcing in Russia amounted to approximately **** million U.S. dollars. IT outsourcing refers to the use of external providers to perform IT services. Among regions of Russia, Moscow exported by far the highest value of software, at *** billion U.S. dollars between the second half of 2020 and the first half of 2021. In aggregate terms, Russia exported information and communication technology (ICT) services worth*** billion U.S. dollars in 2022.