Pakistan’s information technology sector continues to show strong momentum, with IT exports increasing 14 percent year-on-year to $356 million in November 2025. This marks one of the highest monthly export figures recorded by the country’s tech industry.
Although exports declined 8 percent month-on-month compared to October, the November total still exceeded the 12-month average of $337 million, highlighting the sector’s underlying strength and resilience.
During the first five months of FY26, Pakistan’s total IT exports reached $1.8 billion, reflecting a robust 19 percent growth compared to the same period last year. On a daily basis, export proceeds averaged $17.8 million in November, up from $16.8 million in October, indicating steady foreign inflows despite the monthly dip.
Key Drivers Behind the Growth
According to Topline Securities, the year-on-year increase in IT exports can be attributed to several supportive factors. Pakistani IT companies have expanded their client base, particularly in the Gulf region, strengthening export revenues.
Policy measures introduced by the State Bank of Pakistan (SBP) have also played a crucial role. Exporters are now permitted to retain up to 50 percent of their earnings in specialized foreign currency accounts, an increase from the previous limit of 35 percent. Additionally, the SBP’s decision to allow equity investments abroad through these accounts has further incentivized exporters.
Stability in the Pakistani rupee has encouraged IT firms to repatriate a larger share of their export earnings. A recent survey by the Pakistan Software Houses Association (P@SHA) revealed that around 62 percent of IT companies are currently maintaining specialized foreign currency accounts.
Net IT Exports and Outlook
After adjusting for imports, net IT exports stood at $309 million in November, representing a 13 percent year-on-year increase, though still 8 percent lower than October. Despite the decline, the figure remained above the 12-month average of $295 million, reinforcing the sector’s positive trend.
Looking ahead, the government has set an ambitious IT export target of $5 billion for FY26. Market analysts expect exports to grow between 18 and 20 percent during the year, potentially reaching $4.5 billion, up from $3.8 billion in FY25.
Under the Uraan Pakistan national economic plan, the long-term goal is even more ambitious, with a target of $10 billion in IT exports by FY29, signaling strong expected growth in the coming years.
Within the sector, analysts continue to view Systems Limited as a preferred stock, citing its solid growth prospects and attractive valuation.