Technology

IT Export Remittances Fall 14.5% in January 2026

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Pakistan’s IT and telecom export remittances dropped sharply by 14.5% in January 2026, falling to $374 million from $437 million in December, according to official data from the State Bank of Pakistan. Despite the monthly decline, the sector continued to show robust yearly and fiscal-year growth, highlighting sustained global demand for Pakistani digital services.

On a year-on-year basis, IT exports increased about 19% compared to $313 million recorded in January 2025. Cumulatively, during the first seven months of FY2025-26 (July–January), export remittances rose 19% to $2.610 billion from $2.179 billion in the same period last year.

Industry analysts say the monthly dip reflects normal payment cycles and global economic uncertainty rather than structural weakness.

“The long-term trajectory of Pakistan’s IT exports remains upward, supported by freelance growth, software services, and stable international clients,” sector observers noted.

The IT industry remains one of Pakistan’s fastest-growing export segments and a critical source of foreign exchange, playing an increasing role in macroeconomic stability and digital economy expansion.

Pakistan’s IT exports have expanded steadily in recent years due to a growing freelance workforce, software houses, and overseas tech contracts. Monthly fluctuations are common because payments from global clients often arrive in batches, while annual trends better reflect sector health. The government has also prioritized IT as a strategic export industry to boost dollar inflows.

Sabica Tahira

Experienced Content Writer & Creative Strategist I am an experienced writer passionate about creating engaging, research-driven content across technology, AI, fintech, and cryptocurrency. My goal is to inform, inspire, and connect audiences through impactful storytelling while helping brands build trust and a strong digital presence.