Pakistan’s IT and telecom export remittances declined for the second consecutive month in February 2026, according to the latest data released by the State Bank of Pakistan, although the sector continues to show strong growth on a yearly basis.
Official figures from the State Bank of Pakistan show that IT and telecom export remittances fell to $365 million in February 2026, compared to $374 million recorded in January, reflecting a 3 percent month-on-month decline.
The slowdown follows a sharper drop observed in January 2026, when export remittances decreased 14.5 percent to $374 million from $437 million in December 2025.
Despite the recent monthly decline, Pakistan’s IT industry continues to perform strongly compared to last year. On a year-on-year basis, IT exports increased around 19 percent, compared to $306 million recorded in February 2025.
On a cumulative basis, IT and telecom export remittances during the first eight months of fiscal year 2025-26 (July to February) reached $2.975 billion, marking a 19.7 percent increase compared to $2.485 billion during the same period in the previous fiscal year.
The data also shows that Pakistan’s IT sector generated $3.812 billion in export remittances during fiscal year 2024-25, indicating steady long-term growth despite recent fluctuations in monthly figures.
Experts say the sector remains one of Pakistan’s fastest-growing export industries, contributing significantly to foreign exchange earnings and digital economic expansion.
