Pakistan has enormous potential on the subject of freelance providers contemplating that 70% of the overall inhabitants is below the age of 30.

Within the not too long ago revealed by Payoneer rankings for freelance markets, Pakistan has been ranked at 4th, effectively above India and Bangladesh. The record is topped by the USA with a 78% 12 months over 12 months income progress.


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In its report, Payoneer wrote that the nation’s freelancers elevated from four% in Q3 2018 to 42% in Q2 2019, attributing the expansion to authorities’s efforts and youth’s elevated participation within the financial system.

This progress has been primarily fueled by Pakistani youth, due to a interval of presidency funding in enhancing their digital abilities, mixed with a younger inhabitants the place 70% of individuals are aged below 30.

 

Prime 10 International locations for Freelancing 2019

These are the highest 10 nations for freelancers as per Payoneer’s World Gig-Economic system Index for 2019 which ranks the nations based mostly on information of 300,000 freelancers and outsourcing professionals in its community:

RankNationYoY Income Progress
1USA78%
2UK59%
threeBrazil48%
fourPakistan47%
5Ukraine36%
6Philippines35%
7India29%
eightBangladesh27%
9Russia20%
10Serbia19%

In keeping with the report, 77% of the revenues earned by Pakistani freelancers had been by folks aged below 34. The age-wise breakdown is given as follows:

Mohsin Muzaffer, Payoneer’s Head of Enterprise Growth Pakistan, stated that the nation’s blanket 4G protection has given freelancers ‘unprecedented entry to worldwide markets’.

You’ll be able to learn the complete report right here.


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