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    HomeBusinessPakistan’s IT Exports Cross $1 Billion Mark in a Single Quarter

    Pakistan’s IT Exports Cross $1 Billion Mark in a Single Quarter

    For the first time in history, Pakistan’s IT exports have surpassed the $1 billion mark in a single quarter. According to the State Bank of Pakistan (SBP), exports totaled $1.057 billion during the first quarter of fiscal year 2025–26 — a 20% year-on-year increase from $877 million recorded in the same period last year.

    The month of September 2025 alone saw IT exports hit a record $366 million, highlighting the sector’s rapid momentum. Officials credited this growth to expanding Pakistani IT firms into Gulf and European markets, as well as government-backed initiatives under the Special Investment Facilitation Council (SIFC).

    Industry experts noted that demand surged for Pakistani expertise in ERP, automation, cybersecurity, and AI-driven solutions. Freelancers also played a vital role, bringing in foreign exchange through major global platforms.

    Training programs for young professionals and capacity-building projects are further fueling job creation and export sustainability.

    Analysts expect total IT exports to exceed $4 billion by year-end, with the government’s $5 billion target under the “Uraan Pakistan” initiative now seen as achievable.

    Meanwhile, Pakistan’s foreign exchange reserves rose to $19.65 billion as of August 29, with SBP-held reserves increasing by $28 million to $14.3 billion, reflecting stable economic progress alongside digital growth.
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