MOSCOW, June 25. /TASS/. Russia’s IT and telecom sector almost doubled over the past four years and boosted its share in the country’s GDP to 3.5%, Digital Development, Communications and Mass Media Minister Maksut Shadayev said.

"The sector itself is showing solid growth rates as well. The IT and telecom sector almost doubled over the past four years and boosted its share in GDP to 3.5%," he said in a video posted on the government’s Telegram channel.

Russia’s online economy soared 3.5-fold over the past four years, the minister added.

"The growth rates of online economy are solid as it increased 3.5-fold in four years mainly due to growth of market places," he said.