Pakistan’s information technology (IT) sector delivered record performance in October 2025, with monthly IT exports reaching $386 million, the highest level ever recorded.
This volume reflects a 17% year-on-year increase and a 5% month-on-month rise, exceeding the 12-month average of $332 million. It also marks the fifth consecutive month since June 2025 in which Pakistan’s IT exports have shown yearly growth.
Thanks to October’s strong performance, IT exports reached a total of $1.4 billion during the first four months of FY26, a 20% increase compared to the same period last year. The average daily revenue in October was $16.78 million, slightly higher than September’s record $16.64 million.
According to industry experts, the main drivers behind the October surge include expansions in local IT companies’ client portfolios—particularly in Gulf countries—and recent facilitation measures by the State Bank of Pakistan (SBP). These measures include increasing the permissible retention limit in special foreign currency accounts to 50% for exporters and allowing overseas equity investments through these accounts. Relative stability in the exchange rate has also encouraged IT exporters to repatriate a larger share of their earnings to Pakistan.
A survey by the Pakistan Software Houses Association (P@SHA) found that 62% of IT companies currently maintain special foreign currency accounts and are benefiting from the new regulations.
Net IT exports—exports minus imports—stood at $335 million in October 2025, showing a 12% year-on-year and 2% month-on-month increase. This figure also exceeds the 12-month average of $292 million.
Although the government has set an IT export target of $5 billion for FY26, current trends indicate a growth rate of 18–20%, suggesting total IT exports may reach around $4.5 billion this fiscal year, compared to $3.8 billion in FY25.
Under the national economic plan “Uraan Pakistan”, authorities have also set a long-term target of raising IT exports to $10 billion by FY29, which will require an average annual growth rate of 27% over the next four years
