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IT in Serbia

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Population

7+ Million

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Timezone

UTC +1

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Market size

4 100+ IT companies

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IT-specialists

48 000+ developers

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New specialists

+8 000 for 2024 year

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IT-sector revenue

913+ Millions of dollars

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English

80% have advanced level

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Work-model

Office, Hybrid

Key benefits of Serbian developers

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Business Accessibility

Some of the lowest taxes in EU, along with a multitude of tax incentives for IT provided by the government.

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Developers Concentration

Serbia hosts 8 major European IT universities, 4 technology parks, 15 startup centers and 5 IT clusters

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Innovative developments

Development of the blockchain and Artificial Intelligence sectors is actively promoted by government

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Affordable developer prices

The average salary for middle and senior developers is less than what is typically seen in Western Europe.

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Presence of Global Giants

Companies like Microsoft, Schneider Electric, Continental, and Everseen have significant IT hubs in Serbia.

Top 11 Serbian IT specializations in 2024

30
15
0
10.3%
QA
8.9%
Project manageme
9.4%
Python
7.2%
DevOps
6.8%
JavaScript
6.3%
Java
5.3%
C++
4.9%
C#
6.2%
Data Science
3.1%
React
The statistics was collected for the First Quarter of 2024

The largest IT regions of Serbia

The largest IT regions of Serbia

Belgrade

Capital hosts offices of major corporations like Microsoft and Everseen. It’s also a growing hub for startups, with many new ventures emerging each year.

Novi Sad

Despite its smaller population, it competes well with other major IT capitals in Europe. Houses offices of Schneider Electric, Epic Game and other Giants.

Niš

Citi boasts a considerable number of experienced, highly skilled software developers, as well as promising students graduating annually.

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*The statistics was collected for the First Quarter of 2024

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“I feel we have a partner who aligns with our goals and is committed to our success”

When we work with YozmaTech we experience the following values: dedication, commitment, professionalism, availability and cooperation.

  • 2 years with YozmaTech .

Gabriel Jarczun
R&D manager at ASI

Elevate your business with YozmaTech's expertise.

  • Consultation for launching, fortifying, or advancing your project.
  • Identifying crucial areas for growth.
  • Streamlining recruitment processes.
  • Hiring top-tier Serbian developers.
  • Ongoing support for your hired talent.

Latest closed positions for FinTech

Angular
DevOps
UX | UI
QA Automative
Product manager

Compare Serbian and Israeli developers

Criteria

ukraine flag circle Ukraine
israel flag circle Israel
serbia flag circle Serbia

Number of companies

7,000

9,000

4,100

Number of specialists

300,000

180,000

48,000

Average salaries

Middle $$

Senior $$

Middle $$$

Senior $$$

Middle $$

Senior $$$

Top 5 specializations

1. React
2. JavaScript
3. Project Manager
4. Java
5. C#

1. Javascript
2. Python
3. Java
4. C#
5. PhP

1. QA
2. Project
3. Management
4. Python
5. DevOps
6. JavaScript

Time to hire

Middle x days
Senior x days

Middle x days
Senior x days

Middle x days
Senior x days

Work model

Remote, Hybrid

Hybrid, Office

Office, Hybrid

Employer taxes

$

$$$

$$

IT sector revenue

3+ Billions of dollars

16+ Billions of dollars

0,93+ Billions of dollars

Show full table

Number of specialists

Number of specialists

Average salaries

Average salaries

Top 5 specializations

Top 5 specializations

Time to hire

Time to hire

Work model

Work model

Employer taxes

Employer taxes

IT sector revenue

IT sector revenue

ukraine flag circle

Ukraine

Number of specialists

7,000

Average salaries

300,000

Top 5 specializations

Middle $$

Senior $$

Time to hire

1. React
2. JavaScript
3. Project Manager
4. Java
5. C#

Work model

Middle x days
Senior x days

Employer taxes

Remote, Hybrid

IT sector revenue

$

israel flag circle

Israel

Number of specialists

9,000

Average salaries

180,000

Top 5 specializations

Middle $$$

Senior $$$

Time to hire

1. Javascript
2. Python
3. Java
4. C#
5. PhP

Work model

Middle x days
Senior x days

Employer taxes

Hybrid, Office

IT sector revenue

$$$

serbia flag circle

Serbia

Number of specialists

4,100

Average salaries

48,000

Top 5 specializations

Middle $$

Senior $$$

Time to hire

1. QA
2. Project
3. Management
4. Python
5. DevOps
6. JavaScript

Work model

Middle x days
Senior x days

Employer taxes

Office, Hybrid

IT sector revenue

$$

Questions and Answers

We’ve picked-up the most common questions here in the FAQ section. If you didn’t find the answer to your question feel free to:

How many developers are in Serbia?

In Serbia, the IT sector has been experiencing significant growth, evident from its market size of over 4,100 IT companies. Within this thriving industry, there are more than 48,000 developers, showcasing the depth of talent and expertise within the country. Moreover, the influx of new specialists continues to bolster this figure, with an impressive addition of over 8,000 developers in the last year alone, underscoring Serbia’s position as a burgeoning hub for IT outsourcing and nearshoring

How to hire developers in Serbia?

At YozmaTech, we specialize in connecting you with Serbia’s finest developers, perfectly matched to your technology requirements and project needs. Our tailored approach ensures that you’re paired with professionals who possess the precise skills and experience necessary to drive your project to success. With us, you can trust in personalized assistance that guarantees the perfect fit for your development endeavors.

What is the hourly rate for software developer in Serbia?

The hourly rates for software developers in Serbia can vary based on several factors, including their level of experience, skillset, geographical location, and the complexity of the technologies utilized. Typically, hourly rates may range between $10 to $40 or more, with senior developers and those with specialized expertise commanding higher rates. At YozmaTech, we ensure that you find developers who offer competitive rates while delivering exceptional quality and expertise tailored to your project needs.

What taxes for IT companies in Serbia?

In Serbia, IT companies benefit from favorable tax conditions, making it an attractive destination for business operations. The corporate income tax rate stands at a competitive 15%, providing companies with a favorable environment for profitability and growth. Additionally, employee taxes range from 10% to 15%, depending on the generated income, offering a relatively low burden for both employers and employees. Moreover, Serbia distinguishes itself in Europe by offering a range of tax incentives specifically tailored to IT companies, further enhancing the appeal of establishing and operating businesses within the country’s borders.

What are the most in-demand IT specializations in Serbia in 2024

In 2024, Serbia’s IT industry sees high demand for various specializations. Quality Assurance (QA) ranks at 10.3, followed by Project Management at 8.9. Python expertise holds strong at 9.4, while DevOps and JavaScript are also sought-after, rated at 7.2 and 6.8, respectively. These trends signal opportunities for skilled professionals in Serbia’s evolving IT landscape.

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