Pakistan’s IT Exports Soar: $2.17B Earned in Seven Months
During the initial seven-month period of the fiscal year 2024-25, Pakistan generated $2.177 billion from exports of various IT services across multiple nations. This represents an increase of 26.53% over the $1.720 billion recorded for the same stretch in the previous fiscal year 2023-24, according to data released by the Pakistan Bureau of Statistics (PBS). Specifically, within this timeframe, exports related to computer services experienced a rise of 32.72%, jumping from $1.397 billion previously to $1.855 billion between July and January of the ongoing fiscal year.
In the realm of computer services, software consulting saw a significant rise of 35.51%, jumping from $476.017 million to $645.036 million within this year. Similarly, hardware consulting experienced growth of 4.39%, escalating slightly from $3.338 million to $3.485 million over the same period. Additionally, information service exports surged dramatically by 736.66% during these months, expanding from $2.097 million to $17.551 million.
In the realm of information services, the exports from news agencies surged by 1197.51%, jumping from $1.269 million to $16.475 million. Meanwhile, other information service exports climbed by 29.96%—rising from $0.828 million to $1.076 million. However, telecommunications services experienced a decline, with their value dropping by 5.05% from $320.891 million to $304.675 million. Specifically within telecoms, call center services saw an increase of 25.22%, growing from $144.326 million to $180.728 million. Conversely, other types of telecommunications services fell by 29.80%, sliding from $176.565 million to $123.946 million over the period noted in the PBS report.
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