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Pakistan’s IT and Telecommunication sector delivered its strongest performance ever in October 2025. According to data compiled from the State Bank of Pakistan (SBP), export remittances surged to USD 386 million, marking an all-time high for the industry. This sharp rise reflects a 17% year-on-year increase, signalling renewed strength in the country’s digital economy.
The sector’s contribution to Pakistan’s overall export mix also reached a new milestone. IT exports now account for 10.8% of total exports, the highest share ever recorded. This shift highlights the sector’s growing role in stabilising Pakistan’s external account.
Moreover, remittances improved 5.5% month-on-month, showing sustained momentum despite a tough global environment.
During the first four months of FY26, Pakistan recorded USD 1.44 billion in IT and telecom export receipts. This is a sharp jump from USD 1.21 billion in the same period last year, reflecting an impressive 19.6% growth.
Industry analysts believe this consistent rise shows stronger global demand for Pakistani tech services. They also point to improved payment flows and better compliance frameworks as key contributors.
Experts say the sector’s accelerating growth is becoming a critical buffer for Pakistan’s economy amid ongoing challenges. They expect the upward trend to continue. However, they stress the need for policy stability, competitive taxation, and seamless dollar repatriation mechanisms to maintain this momentum.
With October’s performance setting a new benchmark, stakeholders remain cautiously optimistic about the months ahead.
