Pakistan Ranked Among Top 5 Freelancer Markets Thanks to Massive Growth in 2019

Pakistan has huge potential when it comes to freelance services considering that 70% of the total population is under the age of 30.

In the recently published by Payoneer rankings for freelance markets, Pakistan has been ranked at 4th, well above India and Bangladesh. The list is topped by the United States with a 78% year over year revenue growth.


ALSO READ

You Can Now Withdraw Payoneer Funds Directly Into Your JazzCash Account


In its report, Payoneer wrote that the country’s freelancers increased from 4% in Q3 2018 to 42% in Q2 2019, attributing the growth to government’s efforts and youth’s increased participation in the economy.

This growth has been mainly fueled by Pakistani youth, thanks to a period of government investment in enhancing their digital skills, combined with a young population where 70% of people are aged under 30.

 

Top 10 Countries for Freelancing 2019

These are the top 10 countries for freelancers as per Payoneer’s Global Gig-Economy Index for 2019 which ranks the countries based on data of 300,000 freelancers and outsourcing professionals in its network:

RankCountryYoY Revenue Growth
1USA78%
2UK59%
3Brazil48%
4Pakistan47%
5Ukraine36%
6Philippines35%
7India29%
8Bangladesh27%
9Russia20%
10Serbia19%

According to the report, 77% of the revenues earned by Pakistani freelancers were by people aged under 34. The age-wise breakdown is given as follows:

Mohsin Muzaffer, Payoneer’s Head of Business Development Pakistan, said that the country’s blanket 4G coverage has given freelancers ‘unprecedented access to international markets’.

You can read the full report here.


What are your thoughts on the story? Let us know in the comments section.

Feature Writer


  • Mr Sajawal Rehman, please do proper research before making sweeping statements. Pakistan was adjudged 4th in Freelancing in a survey carried out in 2014.

    • And this is just the growth ranking. As a matter of fact, following are the top 8 countries with the highest number of freelancers:
      1) India 2) Bangladesh 3) USA 4) Pakistan 5) The Philippines 6) UK 7) Ukraine 8) Canada

  • Also Payoneer payments in banks reflects as Private Transfers and not as Software Service export – big problem for everyone using their platform

  • This is only a Payoneer Report. Indian have PayPal. The Title should be, “Country list that uses Payoneer”.


  • >