KARACHI: Pakistan’s Information Technology (IT) sector exports saw a Year-on-Year (YoY) increase of 19 percent in February 2025.
According to a report released by the State Bank of Pakistan, the country’s IT sector exports totaled $305 million in February 2025, compared to $257 million in February 2024.
The report also highlighted that for the 17th consecutive month, IT sector exports continue to rise.
Exports increased by 26 percent in the first eight months of the current fiscal year, reaching $2.48 billion, up from $1.978 billion during the same period last year.
The growth has been attributed to Pakistan’s expanding access to new markets, including a growing market share in the Gulf countries.
Additionally, the report noted that the strengthening of the Pakistani rupee against the US dollar has played a role in boosting IT exports.
Earlier, the State Bank of Pakistan (SBP) report said Pakistan’s exports of Information Technology and IT-enabled Services crossed $2.17 bln in the first seven months of FY24-25,
As per the central bank’s report, exports comprising computer services and call center services during the first seven months (July-January) of the current fiscal year 2024-25 and stood at $2.17 billion as against $1.72 billion during the same period of the previous fiscal year.
According to official data, IT export remittances increased by nearly 18 per cent on a year-on-year basis in January 2025 and stood at $310.3 million as against $260 million in January 2024.
