Ukraine ranks fifth in the world in terms of freelance income growth

Ukraine ranked fifth in the ranking of countries where freelancers’ incomes are growing fastest. This is evidenced by data from a study of the Payoneer payment system in the second quarter of 2019, which is based on the indicators of more than 300,000 users of the service.

According to the ranking, starting from the second quarter of 2018, the income of Ukrainian freelancers increased by 36%. The general list is as follows:

1. USA – 78%
2. UK – 59%
3. Brazil – 48%
4. Pakistan – 47%
5. Ukraine – 36%
6. Philippines – 35%
7. India – 29%
8. Bangladesh – 27%
9. Russia – 20%
10. Serbia – 19%

The study notes that Ukraine occupies such a place mostly due to an increase in the number of IT specialists. According to Payoneer, the number of Ukrainian outsourcing employees has increased by 30% since the second quarter of 2018. Here is a data of Ukrainian Payoneer users by age: