IT and Software in Bulgaria
The industry in numbers
- BASSCOM, the association of software companies, expects revenue of BGN 10.973 billion (about €5.6 billion) in 2025, 9.1% more than in 2024 and its first single-digit growth in many years.
- Revenue was just over BGN 10 billion in 2024, up 11.5%, with exports of BGN 8.8 billion. The sector was first among service exporters and in R&D spending.
- More than 60,000 people work in the sector; 302 new companies and 1,090 new jobs were added in 2024.
- The figures cover about 6,100 companies whose revenue comes mostly from software.
Source: Forbes Bulgaria: Nearly BGN 11 billion expected revenue for the software sector in 2025 (10 December 2025, in Bulgarian); Economic.bg: Optimism in Bulgaria’s IT sector cools, BASSCOM Barometer 2025 (10 December 2025, in Bulgarian)1,2
Outlook
BASSCOM forecasts revenue of more than €6.7 billion and over 65,000 employees by 2027. For 2026, nearly 80% of companies plan to hire, but more than 85% plan to slow pay rises and about a third are considering freezing investment.1,2
AI and research
- INSAIT, the Institute for Computer Science, Artificial Intelligence and Technology in Sofia, was founded in 2022 in partnership with ETH Zurich and EPFL.
- The EuroHPC supercomputer Discoverer at Sofia Tech Park delivers 4.52 petaflops.
- In March 2025 Bulgaria was chosen to host an EU AI Factory, BRAIN++.
Source: Novinite: The rise of digital industries in Bulgaria’s economy (25 March 2026)3
Frequently Asked Questions
How much revenue is Bulgaria’s software sector expected to generate in 2025?
BASSCOM expects Bulgaria’s software sector to generate BGN 10.973 billion, about €5.6 billion, in 2025. That is 9.1% more than in 2024, when sector revenue was just over BGN 10 billion.
How much is Bulgaria’s software sector expected to export in 2025?
Bulgaria’s software sector is expected to export BGN 9.53 billion in 2025. Exports were BGN 8.8 billion in 2024, when the sector ranked first among service exporters.
How many people work in Bulgaria’s software sector?
More than 60,000 people work in Bulgaria’s software sector. The sector covers about 6,100 companies whose revenue comes mostly from software; in 2024, 302 new companies and 1,090 new jobs were added.
What share of Bulgaria’s GDP does the software sector account for?
Bulgaria’s software sector is forecast to account for more than 5% of GDP in 2025. It is also the country’s largest service export, with most sector revenue coming from clients abroad.
What is the outlook for Bulgaria’s software sector through 2027?
BASSCOM forecasts that Bulgaria’s software sector will generate more than €6.7 billion in revenue and employ over 65,000 people by 2027. For 2026, nearly 80% of companies plan to hire, while more than 85% plan to slow pay rises and about a third are considering freezing investment.
What AI research and computing infrastructure does Bulgaria have?
Sofia’s Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) was founded in 2022 in partnership with ETH Zurich and EPFL. The Discoverer supercomputer at Sofia Tech Park delivers 4.52 petaflops, and Bulgaria was chosen to host the EU AI Factory BRAIN++ in March 2025.
Sources
- Forbes Bulgaria: Nearly BGN 11 billion expected revenue for the software sector in 2025 (10 December 2025, in Bulgarian)
- Economic.bg: Optimism in Bulgaria’s IT sector cools, BASSCOM Barometer 2025 (10 December 2025, in Bulgarian)
- Novinite: The rise of digital industries in Bulgaria’s economy (25 March 2026)
Figures checked 13 October 2026. Prepared by InvestBulgaria for general information. It is not investment, tax or legal advice; please confirm details with a qualified adviser before acting.
