In December 2024, Pakistan reached a major milestone as its IT exports surged to a record-breaking $348 million, marking a 15% increase year-over-year and a 12% rise from the previous month.
This achievement also exceeded the average monthly export value of $299 million recorded over the past year, highlighting a steady upward trajectory in IT exports for the 15th consecutive month since October 2023.
On a larger scale, Pakistan’s total IT exports for the first half of fiscal year 2025 amounted to $1.86 billion, showcasing an impressive 28% growth compared to the same period last year. This remarkable progress comes despite the challenges posed by ongoing internet connectivity issues within the country.
Despite facing numerous challenges, the IT sector in Pakistan has demonstrated remarkable resilience and strong performance. This sector has become a significant contributor to the country’s economic landscape. The consistent growth in IT exports, reaching a record high of $348 million in December 2024, highlights the sector’s growing importance. This trend suggests that the IT industry has the potential to play an even more crucial role in boosting Pakistan’s economy in the coming years.
