Pakistan earned USD 303 million by providing different Information Technology (IT) services in various countries during the month of December 2023, according to data released by State Bank of Pakistan.
This is the all-time high export value for any given month in the history of the country superseding March 2022 exports of USD 260 million.
This shows an increase of 16.9 percent as compared to USD 259 million earned through provision of Technology services during the previous month of this year. Moreover, Technology exports increased by 22.7 percent when compared with exports of USD 247 million in December 2023.
Overall, during the period from July 2022 to December 2023 the Information Technology exports increased by 8.9 percent to USD 1,455 million when compared with exports of USD 1,335 million during the corresponding period last year.