Bosnia and Herzegovina's ICT sector has started to flourish during the past few years and represents one of growth area in the economy of the country.

It is estimated that at present there are between 2.500 to 3.500 programmers in Bosnia and Herzegovina. IT engineers from BiH, in terms of their knowledge, skills, experience and insight into modern trends, are frequently ahead of their colleagues in other European countries.

The value of software industry is reflected in the fact that 60-70% of its labour in BiH constitute young people up to the age of 35.

According to the base bon.ba by the Agency TEC, the analysis of the IT sector as well as counseling and activities related to it showed that this is one of the fastest growing fields of economy in BIH with a total growth of 72 % in the past five years.

Today, this sector contributes with around 75 million EUR to the total GDP. Operational revenues of companies from this field have increased by 60 % in comparison with 2010, the number of employed by nearly 97 %, and the net income has doubled, according to the analysis. The analysis included all companies of this field, 423 in total, of which 386 are small, 28 medium and 9 large business entities.

According to the BIT Alliance, the growth of revenue of software companies in BiH in the past few year ranged between 200% to as high as 1.400 %, and in terms of new employees almost 600%.

According to the BIT Alliance (the leading association of software industry companies in BiH), their member-companies are exported oriented, recording 20 mill EUR worth of export only in 2015 and employing 700 staff members, mainly highly qualifies ones.

According to the preliminary analysis of BIT Alliance, the annual income per software engineer ranges between 40 000 and 60 000 EUR. For example, training of a new 1.000 software engineers BiH could generate, primary from export, more than 45 mill EUR per year.