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Pakistan’s earns $1,454 million from IT services export in 6 months

by Web Desk
February 19, 2024
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ISLAMABAD: Pakistan has earned USD 1,454.881 million by providing various information technology (IT) services to various countries during the first six months of the current fiscal year 2023-24.
This shows a growth of 8.98 percent compared to $1,334.969 million earned by the provision of services during the corresponding months of the last fiscal year 2022-2023, the Pakistan Bureau of Statistics (PBS) said.

During the months under review, computer services exports grew by 10.32 percent, rising from $1,064.579 million last year to $1,174.481 million during July-December 2023-24.
In terms of computer services, exports of software consulting services saw a nominal drop of 180 percent, from $3.394 million to $3.333 million this year, while exports of hardware consulting services increased by 3.401 percent, from $391.570 million to $404.875. million.

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However, repair and maintenance exports decreased by 39.15 percent from $1.530 million to $0.930 million, while exports and imports of computer software services increased by 2.79 percent from $302.376 million to $310.807 million.
Meanwhile, exports of information services fell by 19.72 percent from $2.180 million to $1.750 million during the months under review.

Among information services, exports of information-related services increased by 3.64 percent, from $0.687 million to $0.712 million, while exports of press agency services, however, decreased by 30.48 percent, from $1.493 million to $1.038 million.
Exports of telecommunication services increased by 3.89 percent as these services fell from $268.0210 million to $278.650 million.
Among telecommunications services, exports of call center services increased by 12.14 percent during the months as its exports rose from $107.006 million to $119.994 million, while exports of other telecommunications services declined by 1.58 percent from $161.204 million. to $158.656 million during the year, PBS data revealed.

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