Pakistani freelancers earn $557 million in H1 FY26, driving growth in services exports

Pakistani freelancers earned $557 million in foreign exchange during the first half of the current financial year 2025-26, marking a significant rise from $352 million during the same period last year. According to data released by the State Bank of Pakistan (SBP), this represents a 58% year-on-year growth, highlighting the expanding role of freelancers in the country’s services exports and external accounts.

The increase in earnings reflects rising global demand for Pakistan’s freelance workforce in sectors such as software development, digital marketing, graphic design, content creation, and e-commerce. Both public and private sector efforts have played a role in creating a more conducive environment for freelancers and the gig economy.

According to an Asian Development Bank report, Pakistan’s freelance community comprises around 2.37 million full-time and part-time workers, placing the country among the top global freelancing markets.

Under current regulations, freelancers are allowed to maintain foreign exchange accounts and retain up to 50% of their income in dollars. Those registered with the Pakistan Software Export Board also benefit from a reduced tax rate of 0.25%.

Federal Minister for Information Technology and Telecommunication, Shaza Fatima Khawaja, highlighted that the government is implementing initiatives to further support freelancers. These include improving digital infrastructure, expanding affordable broadband access, simplifying digital payment systems, and launching targeted training programs. 

Additionally, partnerships with the private sector and policy reforms are aimed at integrating freelancers into the formal economy.

Pakistan Freelancers Association Chairman Ibrahim Amin emphasised the role of freelancers in generating foreign exchange and creating employment opportunities, particularly for youth. He called for more collaboration between government, academia, and industry to sustain the sector’s growth, with a focus on expanding training programs and offering industry-relevant certifications.