Pakistan 4th most popular country for freelancing

Pakistan 4th most popular country for freelancing

Pakistan is among the top five countries in the world when it comes to freelancing and generated a significant calculated amount of $0.5 billion entirely from freelancing. Pakistan is ranked as the 4th most popular country for freelancing in the Online Labor Index published in 2017 by Oxford Internet Institute (OII) and is consistently ranked among the top destinations for Internet Communications and Technology (ICT) outsourcing because of the exponential growth of the IT sector. Pakistan has got the fourth position globally in the category of Software Development and Technology.

Talking to the media, a ministry official said, the calculated revenue is $0.5 billion but, it is more than this amount. The framework for e-commerce is not implemented yet, and after the implementation of an official, state-backed framework, it would be channelized to contribute to the national exchequer.

Many people work from home and earn a good amount. Many people in Pakistan manage to freelance with their regular jobs to make a good amount of money, he added.

He informed that the first, second and third positions are acquired by India, Bangladesh and United States respectively. The largest overall supplier of online labor according to the data, is the traditional outsourcing destination – India, which is home to 24 per cent of the workers observed. According to report, Pakistan is home to 9 per cent of total freelancers.