Pakistan becomes 4th Fastest-growing Freelance Market

Pakistan has become 4th fastest-growing freelance market in the world while the top freelance country in Asia. According to details, Payoneer has shared its insights into geographic and demographic trends of the freelance economy in the second quarter of the year 2019. Payoneer is an international online payment processing company which facilitates thousands of companies and millions of online professionals throughout the world. Recently Payoneer launched the Global Gig Economy Index which is based on the data of more than 300,000 freelancers, service providers and outsourcing professionals in the Payoneer network.

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Top-10 Freelancing Countries

Top-10 Fastest-growing Freelance Countries (Reference: Payoneer)

Following are the top-10 freelancing countries:

  1. USA
  2. UK
  3. Brazil
  4. Pakistan
  5. Ukraine
  6. Philippines
  7. India
  8. Bangladesh
  9. Russia
  10. Serbia

There is a 42% increase in Pakistani freelancers since Q2 of 2018 while revenue grows 47% since Q2 of the last year. As per the report, a more technically oriented education has helped Pakistani youth to participate in the gig economy. 

Mohsin Muzaffar, Head of Pakistani Business Development of Payoneer said:

Government investment in enhancing digital skills has helped create a skilled freelancer workforce, while blanket 4G coverage across Pakistan has given freelancers unprecedented access to international jobs.

Pakistan has a very high potential in the freelance market as about 70% population is under the age of 30 years. 

You can also become a freelancer. Government of Pakistan is also promoting freelancing among Pakistani youth by offering free online training courses where you can learn skills and be able to earn online from freelancing.

Pakistani freelancers younger than 35 years of age generated 77% revenue in the 2nd quarter of this year out of which 57.6% share is of age group 25 to 34. Many Pakistanis are already working on all popular freelancing platforms e.g. UpWork, FreeLancer, Fiverr etc. and have proven their abilities through their skills, experience and by meeting the employers’ expectations and timeline.

According to this index, Pakistan has left behind India, Russia, and Bangladesh while China is not anywhere in this Top-10 list.

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