What happened to Belarus’s once-thriving tech-industry?
Before the anti-government protests that shook Belarus in 2020, a thriving tech-industry existed in the country. Recent events such as Russia’s invasion of Ukraine have shown that a plateau in output is all but assured for at least the next few years. Overall, it appears that the country has suffered from a severe brain drain as talented workers have fled the authoritarian state.
Belarus was once called the “Silicon Valley of Eastern Europe”. From 2005 to 2016, exports of IT services and products grew 30 times over. The share of IT exports in Belarus’s total exports of goods and services increased from 0.16 per cent to 3.25. In 2021 the IT sector was contributing almost a third of GDP growth. However, after the outbreak of Russia’s full-scale war in Ukraine, the situation changed dramatically.
Belarus was once called the “Silicon Valley of Eastern Europe”. From 2005 to 2016, exports of IT services and products grew 30 times over. The share of IT exports in Belarus’s total exports of goods and services increased from 0.16 per cent to 3.25. In 2021 the IT sector was contributing almost a third of GDP growth. However, after the outbreak of Russia’s full-scale war in Ukraine, the situation changed dramatically.
September 16, 2024 -
Kseniya Tarasevich
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Issue 5 2024MagazineStories and ideas
Exterior of the building of the Business incubator of high-tech park and the office of EPAM. Belarus, Minsk. Photo: OMfotovideocontent / Shutterstock
