News

Pakistani Freelancers brought revenue of $150 million in a year, PSEB report reveals

The Pakistan Software Export Board (PSEB) has issued a detailed report reviewing the IT Industry and highlighting key facts and figures regarding its achievements. A section of the report titled “Freelancer: A Workforce in Acceleration” reveals that the exponential growth in the number of freelancers in Pakistan has resulted in a revenue of $150 million earned by the freelancers FY 2019-20, with exports to 120+ countries.

According to the report, web development, logo designing, and programming are some of the most popular services offered by Pakistan’s freelance talent. The report also says that Pakistan is ranked 4th globally when it comes to freelancing, shortly behind the United States and the United Kingdom. According to the report, most freelancers offering their services in Pakistan (over 60%) are in their 20s and 30s.

The report comes when the Freelancing community fears losing its earnings potential after the announcement of a grand-scale crackdown against the Freelancers, which was termed as an “industry killing” move by the critics.

Read More: Pakistani freelancers yet to get PayPal, get tax notices by FBR.

Sponsored
Ahsan Zafeer

A digital marketing professional specializing in content-based functional areas - Ahsan Zafeer is driven by a never-ending passion for developing, nurturing, and strategizing key content aspects. He writes extensively on tech, digital marketing, SEO, cybersecurity, and emerging technologies. He also serves as a digital marketing strategist and freelance consultant for globally oriented organizations. He tweets @AhsanZafeer

Leave a Comment
Share
Published by
Ahsan Zafeer
Tags: freelancing

Recent Posts

Indian Army Granted Authority to Directly Takedown Social Media Content

The Indian Army has been granted direct authority to manage social media content concerning its…

17 mins ago

NUST Achieves Global Recognition with 43 Researchers Among World’s Top 2% Scientists

In an extraordinary accomplishment for Pakistani academia, 43 researchers from the National University of Sciences…

1 hour ago

Khyber Pakhtunkhwa Govt Ready to Acquire PIA with Bid Exceeding Rs10bn

The Khyber Pakhtunkhwa (KP) government has officially informed the federal government of its intention to…

2 hours ago

PTA Cautions Public on Illegal and Unlicensed Forex Trading Platforms

The Pakistan Telecommunication Authority (PTA) has issued a stern advisory, warning citizens against investing in…

2 hours ago

Record Emigration: Economic Instability Forces Pakistan’s Best and Brightest to Depart

Economic challenges are prompting skilled workers to leave Pakistan, resulting in a significant talent drain…

5 hours ago

Russia’s Fine on Google Exceeds World’s Economy

A Russian court has fined Google for blocking state-run media channels on YouTube, imposing a…

1 day ago