ISLAMABAD:

Pakistan’s Information Technology (IT) sector has been declared one of the fastest-growing segments of the national economy, according to the National Economic Survey 2024-25 released on Monday.

The report highlights an impressive 23.7% growth in IT exports, which surged to $2.825 billion during the fiscal year. In March 2025 alone, IT exports reached $342 million, registering a robust month-on-month growth of 12.1%.

The IT services sector also posted the highest trade surplus of $2.4 billion, underscoring its growing role in the national economy. Freelancers contributed significantly, bringing in $400 million in foreign exchange.

The country’s startup ecosystem is showing signs of maturity, with more than 1,900 startups having completed training at National Incubation Centers.

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In a noteworthy development for gender inclusion, over 12,000 women have been economically empowered through various tech and entrepreneurship programs.

The telecom sector also posted strong performance, with revenues reaching Rs803 billion. The number of telecom users in the country climbed to 199.9 million, with a teledensity rate of 81.3%. The sector contributed Rs271 billion to the national exchequer during the fiscal year.

To bolster digital growth and cybersecurity, a Pakistan-China IT Working Group has been formed, signaling increasing international cooperation in technology.

The survey concludes that IT remains a major contributor to Pakistan’s export growth, with rising global demand for Pakistani software products driving momentum in the sector.