Pakistan’s IT Exports Surpass $2 Billion in First Seven Months of FY25
Pakistan’s IT exports have reached $2.18 billion in the first seven months of FY25, marking a 27% year-over-year increase
Introduction
According to the State Bank of Pakistan, the country’s IT exports have seen continuous growth. The IT sector remains one of the key contributors to the country’s economy.
Key Highlights:
- Monthly exports: January 2025 alone recorded IT exports worth $313 million, an 18% increase from the previous year.
- Key markets: The United States, the United Kingdom, and the Middle East are the primary export destinations.
Impact:
- The strong growth in IT exports is boosting Pakistan’s foreign exchange reserves.
- The sector is creating thousands of new jobs, particularly for software developers and AI engineers.
Future Outlook:
The government aims to achieve $3.5 – $3.7 billion in IT exports by the end of FY25
