🚀 Pakistan’s IT Sector Hits Record Growth in 2024-25
Pakistan’s IT services exports have soared to an impressive $2.177 billion (PKR 607.7 billion) in the first seven months of the fiscal year 2024-25, reflecting a 26.53% year-over-year growth. This remarkable surge highlights the country’s growing footprint in the global digital economy.
đź’» Computer Services Lead the Way
The computer services sector was the main driver of this growth, expanding by 32.72% to $1.855 billion (PKR 517.9 billion).
đź“Š Key Growth Areas:
- 🌟 Software consultancy exports surged by 35.51%
- 🔄 Information services experienced an astounding 736.66% jump
📶 Telecommunication Services See a Dip
While the IT sector as a whole witnessed impressive expansion, telecommunication services reported a 5.05% decline, primarily due to a drop in other telecom-related exports.
🏆 A Positive Outlook for Pakistan’s Digital Economy
Despite minor setbacks, the IT sector remains a key contributor to Pakistan’s economic growth. The steady rise in software consultancy, digital services, and IT-enabled exports underscores the nation’s commitment to digital transformation and innovation.
