The government expects Pakistan’s IT sector export remittances to reach $4.5 billion by the end of the current fiscal year, according to Finance Minister Muhammad Aurangzeb.
The latest Economic Survey 2025–26 highlights strong expansion in the country’s ICT sector, with 34,420 IT and IT-enabled services (ITeS) companies registered with the Securities and Exchange Commission of Pakistan (SECP) as of March 2026, reflecting rapid industry growth and formalization.
ICT export remittances recorded a significant increase of 19.7 percent during July–March FY 2026, reaching $3.38 billion, compared to $2.8 billion in the same period last year. In March 2026 alone, ICT services exports stood at $413 million, up from $344 million in March 2025, showing continued upward momentum.
The report notes that ICT remains the largest contributor among all service-sector exports, with other business services ranking second at $1.5 billion. The sector also achieved a strong trade surplus of $2.9 billion, representing 86 percent of total ICT export remittances during the nine-month period. This surplus marks a 20 percent increase compared to the same period last year.
Freelancing has also played a key role in this growth. Tech-related freelancer earnings, included within ICT export inflows, rose sharply to $856.3 million during July–March FY 2026, compared to $567.5 million in the previous year, reflecting a growth of over 50 percent.
The Economic Survey suggests that Pakistan’s ICT sector continues to strengthen its position as a major driver of export earnings, supported by increasing global demand for digital services and a growing base of tech professionals and companies.
