ISLAMABAD: 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 as a result 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 in reality, 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 channelised to contribute to the national exchequer.
He said many universities in Pakistan are offering software and IT degrees and due to demand of this field many individuals have chosen to opt for ever-growing field.
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 labour 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.