According to a new report commissioned by Google, Digital transformation can help Pakistan unlock up to Rs. 9.7 trillion ($59.7 billion) in annual economic value by 2030, equivalent to about 19 percent of the country’s GDP in 2020. Unlocking Pakistan Digital Potential.
Pakistan’s vibrant technology sector has grown significantly in recent years and is well-positioned for further growth. The country produces over 20,000 Information Technology (IT) graduates each year, has nurtured over 700 tech start-ups since 2010, and has the fourth highest earning IT workforce in the world. Pakistan’s technology sector also has a large export element, with annual revenue from exports of IT and IT-enabled Services (ITeS) accounting for USD1.4 billion in 2020 – which has grown at 10.8 percent per year since 2010. Furthermore, the government has identified the creation of a holistic digital ecosystem – most prominently in its “Digital Pakistan Policy” – as one of the key levers of economic growth. Unlocking Pakistan Digital Potential According to a new report commissioned by Google.
