Pakistan Makes a Record Earning of $2.62 Billion From IT Service Exports In 2021-22

According to the latest reports, Pakistan earned USD 2,615.815 million by providing various information technology (IT) services to different countries during the twelve months of fiscal year 2021-22. The export of IT services increased significantly this year.
The latest Pakistan Bureau of Statistics (PBS) reports showed that the whopping $2,615 million represents a 24.10% increase over the $2,107,800 million generated from services in the corresponding period of fiscal year 2020- 21.
During July-June (2021-22), IT services exports increased by 26.40%, from $1,666.310 million last fiscal year to $2,106.145 million this year.
In terms of IT services, the export of software consulting services increased by 43.43 percent from USD 554.612 million to USD 795.480 million.
Exports of equipment consulting services also increased by 429.58% from USD 0.551 million to USD 2.918 million.
Exports and imports of computer software related services increased by 34.87% from USD 417.485 million to USD 563.071 million.
Exports of repair and maintenance services rose to $1.446 million from $0.662 million.
Exports of other IT services increased by 7.25% from USD 693 million to USD 743.230 million.
Export of information technology services increased by 31.08% from USD 3.990 million to USD 5.230 million.
Among information services, the export of information agency services increased by 49.65% from US$2.304 million to US$3.448 million.
Exports of other IT services increased by 5.69% from $1.686 million to $1.782 million.
Exports of telecommunication services also increased by 15.30%, rising from $437.5 billion to $504.44 billion during the year.
Among telecommunication services, exports of call center services increased by 39.43% during this period as its exports increased from USD 154.554 million to USD 215.501 million.
Exports of other telecommunication services also increased by 2.12% from USD 282.946 million to USD 288.939 million in 2020-21.
Thus, overall, Pakistan’s IT services exports in the fiscal year 2020-21 have increased significantly.

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