Pakistan beats India to emerge as World's 4th fastest growing country in freelance market
ISLAMABAD - Pakistan beats India to emerge as World's 4th fastest growing country in freelance market, as per the latest research report.
Leaving its arch-rival India behind, Pakistan has emerged as the fourth fastest-growing country in the freelance market.
This was revealed in Payoneer’s Global Gig Economy Index for Q2 2019.
According to the report, the online gig-economy in the country witnessed a 47 percent growth in revenue for Q2 2019, ranked behind the USA, UK, and Brazil.
Pakistan has beaten other Asian countries like India, Bangladesh, Philippines, and Russia to stand on the 4th position – with only a small 1% difference in revenue growth compared to Brazil.
The US remained the fastest growing market with a 78 percent growth rate, while the UK rallied behind with 59 %.
Here is a list of the top-10 fastest-growing freelancer markets in terms of revenue:
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)