Pakistan’s information technology (IT) and IT-enabled services (ITeS) sector has posted strong growth in the first quarter of the ongoing fiscal year, with export remittances surpassing $1.05 billion between July and September 2025. This represents an increase of nearly 20 percent compared to $876 million recorded during the same period last year, according to data released by the State Bank of Pakistan (SBP).
In September 2025, IT exports jumped 25 percent from the year before. They hit $366 million, compared to $292 million in September 2024. From month to month, exports grew 8 percent. That took them from $337 million in August to $366 million in September.
State Bank data shows IT exports make up nearly half of all services exports in Pakistan. This highlights the sector’s key part in steadying the nation’s foreign payments. The IT field set a new high with $3.22 billion in exports for fiscal year 2023-24. This was a 24 percent gain over the $2.59 billion from the year prior.
Analysts attribute this momentum to sustained demand for software development, outsourcing, and freelance services originating from global markets. A recent industry report noted that Pakistan’s IT exports continue to gain traction as firms expand into new regions and diversify their client base.
With traditional service exports such as transport and travel showing limited growth, policymakers view technology exports as a key source of foreign exchange. Experts estimate that with the right mix of tax incentives, streamlined payment systems, and stronger digital infrastructure, the IT sector could generate more than $5 billion annually, cementing its role as a vital pillar of Pakistan’s economy.
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