Pakistan’s exports of information technology (IT) and IT-enabled services reached a record $4.6 billion in fiscal year 2025-26, marking the highest annual export earnings in the sector’s history.
However, exports still fell around $400 million short of the government’s $5 billion target. According to data released by the State Bank of Pakistan (SBP), IT export receipts rose 20 percent, or $786 million, year-on-year from $3.814 billion in FY25.
The export earnings included software and IT-enabled services, IT consultancy, freelance services, call centre operations, and a small contribution from hardware-related consultancy.
Senior Vice Chairman Pasha Muhammad Umair Nizam told ProPakistani, “Crossing the US$ 4.6 billion mark in IT exports is a significant milestone for Pakistan and reflects the resilience and global competitiveness of our technology industry. It demonstrates that with the right policy environment, Pakistani companies can continue to deliver strong export growth despite global economic challenges”.
“At P@SHA, we appreciate the MoITT, SIFC, PSEB and SBP for their continued support. Going forward, sustaining this momentum will require policy consistency, ease of doing business, investment in digital skills, improved international market access, and incentives that enable Pakistani IT companies to scale globally,” he added.
Persistent slow internet speeds and frequent power outages continued to constrain the sector’s growth and prevented it from meeting the government’s export target. Nevertheless, the industry remained resilient and delivered strong growth.
The government’s policy support, particularly regulatory reforms, foreign currency retention facilities, and a favourable tax regime, helped sustain export growth.
In the FY27 federal budget, the government extended the preferential tax regime for the IT sector and freelancers for another three years. With continued support from the Ministry of Information Technology and Telecommunication, the industry is expected to further increase its monthly and annual export earnings during the current fiscal year.
Industry experts also urged greater collaboration to expand Pakistan’s share in key markets such as the United States and the European Union, while encouraging IT companies to tap emerging opportunities in ASEAN and the Middle East.
Get the latest business news, market insights, and economic updates wherever you prefer.
Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.