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Pakistan Earns $1,947 Million From IT Services 2022

During the first three quarters of the fiscal year 2021-22, Pakistan earned a total of $1,947,902 million by providing a variety of information technology IT services to countries in other regions.

According to PBS, this marks an increase of 29.27 percent above the $1,506,860 million collected from service provision over the same period of time during the fiscal year 2020-21. When compared to the prior fiscal year’s total of $1,191.160 million, the current year’s total of $1,564.922 million is a 31.38 percent increase in the value of exported computer services.

Pakistan Earns $1,947 Million From IT

The value of software consultation services exported rose by 304.18 percent, from $0.407 million to $1.645 million, while the value of hardware consultancy services exported rose by 46.84 percent, from $393.791 million to $578.241 million. Both exports and imports of computer software climbed by 41.59 percent, from $294.965 million to $417.631 million, while exports of computer software-related repair and maintenance increased from $0.399 million to $1.130 million. In addition, the amount of money that is made from the export of other types of computers increased by 12.89 percent, going from $501.598 million to $566.275 million.

During the time period under consideration, exports of information technology services increased by $3.54 million, or 37.54 percent, to $4.140 million, from a previous total of $3.010 million. The export of services provided by news agencies increased by 69.82 percent, going from $1.640 million to $2.785 million, whilst the export of other types of information decreased by 1.09 percent, going from $1.370 million to $1.355 million. According to the data, exports of telecommunication services shot up by 21.16 percent over the period under consideration, going from $312.690 million to $378.840 million.

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Waheel Ahmed

Waheel is a Tech writer specializing in the intersection of tech and culture. He likes photography, VR, electronic music, coffee...

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