Rising unemployment has forced many to turn to other sources of income such as entrepreneurship and self-employment, with a large number of young people turning to freelance. Due to the flexibility and benefits, freelancing is very popular and people want to become a freelancer who can work from home and earn money anytime.
People who have just started or want to start freelancing have a question about their future as a freelancer that is what is the scope of freelancing in Pakistan and around the world? So in this article, we will talk about some trends and statistics about the scope of freelancing in Pakistan.
How to Start Freelancing Work
Freelancing is growing rapidly in Pakistan and around the world. It used to be a part-time job and people did it when they had nothing to do but a few years ago freelancing emerged as a profession and now people are taking it seriously as a career.
If we talk about the scope of freelancing in Pakistan then yes freelancing is the future of the work industry. In the last few years, it has become a highly adopted career and a large number of people are starting freelance businesses not only in Pakistan but all over the world and the number in Pakistan is growing rapidly.
Google, the world’s largest and most popular Internet company, also supports freelancers for business. As of March 2019, the total number of Google employees was 102,000 while the number of contractors/freelancers employed by Google was 120,000.
On the other hand, if we look at the global ranking of Pakistan in freelancing, according to the Online Gig Economy Q2 2019 report, Pakistan has secured the fourth position, leaving behind Bangladesh, the Philippines, and other Asian countries including Russia. It is second only to United. States, United Kingdom, and Brazil. Neighboring country India is at the seventh position in this list.
Freelance Work at Home in Pakistan
There are more than 1 million freelancers in Pakistan who are contributing to the economy of Pakistan. According to a report by the Pakistan Software Export Board (PSEB), Pakistani freelancers earned $150 million in the fiscal year 2019-20. In the year 2020-21, for the first time in the country’s history, IT exports increased by 47.4% and reached $2.12 billion.
The number of freelancers increased by 42% from Q3 2018 to Q2 2019. Elance, currently Upwork, revealed that Pakistan ranks third among registered members on Upwork. Freelancers.com also has a large number of freelancers in Pakistan.
According to the Inavero report. In 2017, 43% of businesses hired freelancers, an increase from 5% to 48% in 2018, and the rate increased further in the days of Covid-19.
As you know 2020 was not a good year due to covid-19 and the worldwide lockdown but freelancing has increased a lot during covid-19. During the lockdown, people who had already put their business online did not face such difficulties but those who did not bring their business online faced a very difficult situation.
Since the Covid-19 and lockdown, every business owner and worker across the world has felt the need to keep their business online and this is one of the reasons for the rise in freelancing post-Covid.
Nowadays, every business wants to beat its competitors in the digital world and the list includes many new businesses. These businesses need a digital marketer, graphic designer, or freelance social media manager to meet their needs. So you can become a digital marketer, or a graphic designer and serve these businesses and earn good money.
Which Courses are Available on DigiSkills?
Freelancing plays an important role in Pakistan’s economy, so the government launched a project called Digiskills to train 1 million freelancers to empower the youth and increase exports of IT services. Digiskills offers 9 free courses that are in demand and anyone can make money selling these skills online.
These statistics and trends show that freelancing is growing day by day and is the future of the job industry in Pakistan and across the world. So you have an opportunity to become a freelancer and sell your skills online and earn money from home and if you don’t have any skills then Digiskills can help you build a skill that is in demand.
How Much a Freelancer can Earn Per Month
How Much Money Does a Freelancer Make? This is a question for those who are interested in freelancing or want to do freelancing. So freelancing is not like a normal job where you go from 9 to 5 every day and get a fixed salary at the end of the month.
There is no earning limit in freelancing as it does not offer you a fixed salary, you can sell your skills online/offline and earn as much as you want on a contract basis. Many experienced freelancers earn millions due to their high-quality work. Hisham Sarwar is an experienced freelancer who earned $1 million a year through freelancing in 2016.
It takes years for a person to earn Rs 10 lakh and he earns Rs 10 lakh in just one year. Many freelancers earn a lot and change their lives through freelancing. Not only this, with the help of these high-ranking freelancers, countless jobs are created and they also support the national economy.
Many freelancers start freelancing part-time but when their workflow increases, they gravitate to full-time freelancing. Freelancing does not oblige you to get more than one order at a time because there is no boss to order you.
Freelancing allows you to be your own boss and increase your earning potential by taking on multiple orders at a time. You can also outsource your work when the workflow is high. Like many other freelancers, you can start a software house by building your own team and hiring people to work for you.