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.
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.
- US (78% growth)
- UK (59% growth)
- Brazil (48%)
- Pakistan (47% growth)
- Ukraine (36% growth)
- Philippines (35% growth)
- India (29% growth)
- Bangladesh (27% growth)
- Russia (20% growth)
- 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.
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