Pakistan recorded significant growth in its services sector during the current fiscal year, as exports increased sharply in the first eight months. Official figures show that services exports rose by 18.40 percent from July to February, reflecting stronger international demand and improved performance across several economic sectors.
According to data released by the Pakistan Bureau of Statistics, the total value of services exports reached approximately 6.46 billion dollars during the eight-month period. This marks an increase of more than one billion dollars compared with 5.46 billion dollars recorded during the same period last year.
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The growth was largely driven by the country’s expanding information technology industry. IT exports increased by 19.71 percent and reached a record 2.97 billion dollars, showing an improvement of nearly 490 million dollars compared with the previous fiscal year.
The IT category includes services related to telecommunications, computer technologies, and digital information systems, all of which contributed significantly to the rising export figures. Analysts believe the digital economy continues to strengthen Pakistan’s presence in global services markets.
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Besides information technology, other sectors also contributed to the growth of services exports. These sectors include manufacturing-related services, transport, travel, construction, insurance, and financial services, indicating broader expansion across different segments of the services economy.
However, despite the overall upward trend, exports recorded a temporary decline in February 2026. Monthly figures showed services exports dropping by 8.38 percent, falling from 879 million dollars in January to about 811 million dollars in February.