Export of services grew by 25.84 per cent year-on-year in the first four months (July-October) of this fiscal year to $2.091 billion from $1.661bn, Pakistan Bureau of Statistics said on Thursday.
In October, however, the figure plunged to almost a half at $373.35 million compared to $669.63m a year earlier, recording a 44.25pc fall which was in a stark contrast with a robust growth of 94pc in September 2014.
In 2013-14, the export of services totalled $5.256bn, a decline of around 21pc compared with $6.732bn in 2012-13.
The sector has emerged as the main driver of economic growth. Its share has increased from 56pc of GDP in 2005-06 to 57.7pc in 2013-14.
Major sub-sectors include finance and insurance, transport and storage, wholesale and retail trade, public administration and defence.