Top 10 Fastest Growing Freelance Markets in the World 2019: Pakistan Among Top 5!

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Top 10 Fastest Growing Freelance Markets

Pakistan is among the top 10 fastest growing freelance markets in the world.

US markets dominated the list with a whopping growth of 78% from the same quarter in 2018 according to Payoneer’s Global Gig Economy Index.

The UK followed with a 59% growth whereas Brazil ranked as the third fastest-growing market with a 48% growth rate.

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Pakistan’s freelance markets secured the 4th position and India came 7th with just 29% of growth.

Top 10 Fastest-Growing Freelance Markets in The World 2019

Here’s a complete list with the top 10 markets along with their growth percentage.

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  1. US (78% growth)
  2. UK (59% growth)
  3. Brazil (48%)
  4. Pakistan (47% growth)
  5. Ukraine (36% growth)
  6. Philippines (35% growth)
  7. India (29% growth)
  8. Bangladesh (27% growth)
  9. Russia (20% growth)
  10. Serbia (19% growth)

In more mature markets like the U.S. and U.K., many companies, when they want to employ people, want to take less risk. That is why freelancing continues to grow at a very high pace.

Platforms make it possible for them, and the work-from-home and gig economy is suitable for them. -Eyal Moldovan, general manager of Payoneer

The report was compiled by taking a sample of more than 300,000 freelancers who are active on Payoneer’s network.

While talking about Pakistan’s freelance market, he said:

In Pakistan, there is a younger generation seeking more opportunities, the domestic market isn’t big and developed.

Stay tuned to Brandsynario for more news and updates.

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