Pakistan’s services exports increased by 18.38 percent in the first eight months of the current fiscal year (FY26), reaching $6.46 billion, up from $5.46 billion in the same period last year, according to official data.
The growth was primarily driven by the information technology segment, particularly telecommunications, computer, and information services, which have remained the leading contributors to export earnings throughout the period.
In rupee terms, services exports rose by 19.66 percent to Rs1.818 trillion in July–February FY26, compared with Rs1.519 trillion in the corresponding period of the previous year, reflecting sustained upward momentum in the sector.
Within the category, exports of telecommunications, computer, and information services reached $2.97 billion during 8MFY26, compared with $2.48 billion a year earlier, marking a 19.75 percent increase, according to data compiled by the State Bank of Pakistan.
In February alone, services exports stood at $812.25 million, up from $694.90 million in the same month last year, reflecting a 16.89 percent year-on-year increase. However, on a month-on-month basis, exports declined by 7.3 percent.
Despite the monthly fluctuation, the overall trend has remained positive since February 2024, supported mainly by rising IT exports and other business services, although a brief contraction of 6.50 percent was recorded in August 2024.
The services sector’s steady expansion contrasts with mixed performance in commodity exports, with IT and related services continuing to anchor Pakistan’s external earnings growth.
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