Islamabad: Pakistan’s information technology (IT) sector achieved a major milestone as exports reached a record $4.6 billion during fiscal year 2026, registering a 20.7% year-on-year growth compared to $3.81 billion in the previous fiscal year.
The increase was supported by growing international demand for digital services, government initiatives to promote the technology sector and regulatory measures introduced by the State Bank of Pakistan (SBP).
According to SBP data, IT exports amounted to $416 million in June 2026, increasing by 11.5% compared to $373 million in May and showing a 22.7% rise from $339 million recorded in June 2025.
The sector maintained a steady growth trajectory throughout the year, with monthly IT exports consistently crossing the $300 million threshold, reflecting the expanding role of technology services in Pakistan’s economy.
IT exports accounted for approximately 11.7% of the country’s total exports in June, underlining the sector’s growing contribution to foreign exchange earnings.
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Pakistan has been focusing on reducing dependence on traditional export sectors by expanding technology-driven industries, including software development, freelancing, business process outsourcing (BPO), and other digital services.
To further accelerate IT sector growth, the federal government introduced several measures under the FY2026-27 budget, focusing on digital transformation and innovation.
The initiatives include continuation of tax incentives for IT exporters, increased funding for digital infrastructure and professional skills development, expansion of technology parks and innovation centres, and greater support for startups and venture financing.
The government also highlighted plans to promote digital payments, cashless transactions and the broader digital economy as part of its economic development strategy.
Additional measures include improving broadband connectivity, strengthening cybersecurity frameworks and expanding digital public infrastructure to create a more supportive environment for technology companies and IT exporters.
