Pakistan's services exports have recorded a strong double-digit expansion in the current fiscal year, powered largely by rising earnings from information technology, even as monthly figures show occasional fluctuations. Data released by the Pakistan Bureau of Statistics indicate that services exports grew by 18.78% year-on-year to $5.66bn during July-January FY2025-26, compared with $4.76bn in the same period last year. The increase contrasts with the more uneven performance seen in merchandise exports. Growth remained consistent across most months. Year-on-year increases were recorded at 18.27% in July, 8.41% in August, 14.85% in September, 17.61% in October, 22.26% in November, 15.94% in December and a notable 31.12% in January. In local currency terms, services exports rose by 20.22% to Rs1.593 trillion from Rs1.325 trillion a year earlier. January alone contributed $885.09m, up from $675.03m in the same month last year, although exports slipped by 6.34% compared with December. A key driver of this exp ansion has been the information technology segment. According to the State Bank of Pakistan, exports of telecommunications, computer and information services increased by 19.72% to $2.61bn during July-January FY26, up from $2.18bn in the corresponding period last year. The broader trend builds on gains made in the previous fiscal year, when services exports rose by 9.23% to $8.39bn. The data suggest that, despite short-term volatility, the sector has maintained an upward trajectory since early 2024, supported by continued growth in IT-related services.