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Top 10 Fastest Growing Freelance Markets In The World

| Published on August 20, 2019

Freelancer is a person who is self-employed and is not necessarily committed to a particular employer long-term.

Over a period of years, many professionals have voluntarily chosen to freelance for lifestyle reasons. The best possible perks of working as a freelancer is to the freedom to work from home or anywhere and maximize their earnings by indulging into working for more than just 1 employer or company. 

Countries around the world have recognised the people working as freelancers and have also adopted taxation laws and measures to encourage them. For instance, in India the government provides freelancing opportunities for local talent under Digitize India Platform program. They also provides training in digital skills through the India Skills Online program and the Ministry of Skill Development and Entrepreneurship focuses on supporting youth, women, and underrepresented groups.

According to the global payment platform Payoneer’s Global Gig Economy Index the freelancing markets across the world have seen major growth in the earnings during the second quarter of 2019. 

Here’s the list of 10 countries who outgrew themselves making the most of the freelancing opportunities.

1. US- 78% Growth

2. UK- 59% Growth

3. Brazil – 48% Growth

4. Pakistan – 47% Growth

5. Ukraine – 36% Growth

6. The Philippines – 35% Growth

7. India – 29% Growth

8. Bangladesh 27% Growth

9. Russia – 20% Growth

10. Serbia – 19% Growth

Interestingly in markets such as Ukraine and India, some freelancers are taking an entrepreneurial approach, outsourcing the projects they win to counterparts in lower-skilled countries so they can make a profit.

Also, youngsters around the world are attracted and openly considering their choices of working as freelancers as it provides them an opportunity to learn, earn and be independent.

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