🚀 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.
💻 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).
📊 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.
