Freelancers bring in $557 million in 1HFY26 as Pakistan’s digital exports grow

Freelancers bring in $557 million in 1HFY26 as Pakistan’s digital exports grow

Islamabad/Karachi: Pakistani freelancers earned $557 million in foreign exchange during the first half of fiscal year 2025–26, reflecting a 58% increase compared to the same period last year, according to figures released by the State Bank of Pakistan (SBP).

The earnings, recorded between July and December, were up from $352 million in 1HFY25. The increase highlights steady expansion in computer and information services exports and the growing footprint of Pakistan’s digital workforce in global markets.

Freelancers across sectors including software development, digital marketing, graphic design, content creation and e-commerce services contributed to the inflows.

Government facilitation measures

Federal Minister for IT and Telecommunication Shaza Fatima Khawaja said the government is pursuing measures to create a more supportive environment for freelancers, including improved broadband connectivity, simplified digital payment systems and targeted skills development programmes.

Under current regulations, freelancers can open foreign currency accounts and retain up to 50% of their export earnings in US dollars. Those registered with the Pakistan Software Export Board are subject to a reduced income tax rate of 0.25%.

Officials say these steps are aimed at formalising the freelance sector and strengthening services exports.

Size of the freelance economy

A report by the Asian Development Bank estimates that Pakistan has around 2.37 million full-time and part-time freelancers. The country ranks among the leading suppliers of freelance services on several international platforms.

Chairman of the Pakistan Freelancers Association, Ibrahim Amin, said freelancers are contributing to foreign exchange stability and job creation, particularly for young professionals.

He emphasised the importance of coordinated efforts between government agencies, universities and industry to provide structured training and certification aligned with international market demand.

Outlook

Freelancing has become a significant component of Pakistan’s services export basket. Stakeholders say sustained policy support, investment in digital skills and continued improvement in payment mechanisms could further accelerate growth in the sector during the current fiscal year.

The figures were shared in a statement issued by PAFLA with approval from the Ministry of IT and Telecommunication.

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