General Stats on Freelancing
1. More Than 1.57 Billion Workers Globally Have Joined the Freelancing Economy.
Over 1.5 billion freelancers are crafting their unique paths. The landscape has evolved from 55.5% self-employment in 2000 to 46.6% in 2024. Why the change? Many are chasing stability and new horizons in the expansive job market.
Also, a staggering 1.57 billion souls across the globe are weaving their freelance tales. Imagine that out of 3.38 billion workers, nearly 46.7% boldly embrace self-employment. It’s not just a statistic; it’s a testament to the diverse stories written, one freelancing adventure at a time.
2. As of 2023, the US Alone Had Up to 73.3 Million Freelancers, and This Number is Estimated to Rise Further, Reaching 76.4 Million by 2024.
The freelance community is now bustling with people; over 73.3 million are in the United States alone. Fast-forward to 2024, where this dynamic tribe is set to grow by an additional 3 million, reaching an impressive 76.4 million. But hold on, the freelancing wave isn’t slowing down; predictions show that by 2027, a staggering 90.1 million individuals will be navigating the freelance landscape in the US.
3. The Rate at Which People are Joining Freelancing is Increasing, Skyrocketing to 78% in the US and 59% in the UK.
In the United Kingdom, over 42% of the workforce thrives as freelancers or part-timers, while more than 36% proudly wear the self-employed badge across the United States. Now, let’s zoom in on the freelance frontiers worldwide. The freelance sector in the United States has not just grown; a staggering 78% soars it. Meanwhile, freelancers are flourishing in the bustling landscapes of the United States and Brazil, with 59% and 48% growth rates, respectively.
Delve deeper into the heartbeat of freelancing with these intriguing YoY earning growth rates: United States: 78%, United Kingdom: 59%, Brazil: 48%, Pakistan: 47%, Ukraine: 36%, Philippines: 35%, India: 29%, Bangladesh: 27%, Russia: 20% and Serbia: 19%. These are more than numbers; they’re tales of thriving freelancers worldwide shaping their narratives in the world of work.
4. Roughly 94% of Folks in Niger are Self-employed.
In Niger, a striking 95% of the workforce proudly wears the badge of self-employment. Right on its heels, the Central African Republic with 93.2% and Chad boasts a percentage of 92.6% self-employed folks. What fuels these high rates? Unemployment, limited job opportunities, and economic challenges make freelancing a prevalent choice for many in Niger.
Now, shift your focus to Qatar, where only a meagre 0.4% of the population freelances. Kuwait, Bahrain, Oman, and Belarus also join the ranks with a modest number of freelancers. Interestingly, Qatar’s low freelancer count is attributed to the legal framework—independent freelancing without a visa sponsor is deemed illegal. The “independent contractor” category is non-existent, echoing a trend in many countries.
5. Typical Freelancers (36.1%) Spend Over 20 Hours Freelancing Weekly.
Freelancers typically invest at least 6 hours daily, but the game plan varies with each project. Some gigs don’t take much time, only demanding 2 to 3 hours weekly, while others beckon dedicated stints of 8 hours or more per day. Interestingly, 36.1% of freelancers find their sweet spot, clocking in 10 to 20 hours weekly, aligning with a part-time commitment.
Conversely, the average full-time freelancer works 43 hours weekly—akin to the conventional nine-to-five grind. Yet, here’s the twist: freelancers dance to the beat of flexible schedules and working days, adapting to their industry nuances and workload demands. Some freelancers groove with part-time gigs, investing 20 to 25 hours weekly, while others dive deep, dedicating over 40 hours to their craft. It’s a symphony of varied schedules, reflecting the unique rhythm each freelancer brings to their professional journey.
6. Up to 54% of Freelancers Dedicate At Least Five Days a Week to Their Work.
On the average spectrum, freelancers dedicate 5 to 6 days each week. However, flexibility reigns supreme, allowing some to craft schedules spanning four days or less. In this vibrant landscape, 54% of freelancers find their rhythm, committing to a standard five days of work each week. On the flip side, 3 in 10 freelancers embrace a busier tempo, clocking in more than the conventional five days, immersing themselves in the heartbeat of their craft.
7. According to Prediction, Freelance Platforms Market Size Will Hit $9570.3 Million in 2030.
As we gaze into the future, the Freelance Platforms Market is poised to reach an estimated $9,570.3 million by the end of 2030. Remarkably, in 2023, the market was already valued at approximately $3,913 million. Brace yourself for an exciting trajectory. Experts predict a robust 15% growth rate between 2024 and 2030. This is not just a number; it reflects the dynamic evolution of the freelance landscape.
8. An Average Freelancer Earns Roughly $47.71 in the United States.
On average, freelancers earn an annual income of $99,230. At the pinnacle, top earners boast an impressive $200,000 annually, reaching new heights in their freelancing journey. Conversely, a quarter of freelancers find their stride at $50,500, adding depth to the earnings spectrum. Zooming in on the hourly beats, the average hourly pay for freelancers in the United States is $47.71.
However, the freelance stage allows for a symphony of earnings, with hourly wages ranging from a high note of $132.21 to a softer melody at $14.90. It’s not just about numbers; it’s a tale of individual freelancers crafting unique financial narratives. For most freelancers, it’s a journey where the sweet spot lies between earning $24.28 on the lower end (25th percentile) and reaching a high note of $61.78 (75th percentile).
9. The Average Freelance Programmer Crafts at $60-70 Per Hour, Accumulating an Annual Rhythm of Approximately $120,000.
In the symphony of freelancing, the earnings vary, echoing the unique beats of each profession. The more technical the craft, the greater the potential earnings for freelancers. Now, consider the life of a freelance writer who weaves words at a rate of $30-40 per hour, crafting an annual story worth around $42,000.
Freelancers Demographics Statistics
Let’s step into the diverse tapestry of freelancing demographics in the United States, where the share of female freelancers slightly edges out their male counterparts by about 5%. Yet, within this dynamic landscape, echoes of a persisting gender pay gap are heard. In this mosaic, 7 in 10 freelancers don the mantle of whiteness. Still, the stage for the highest earnings is graced by Asian freelancers, painting a picture of earnings that transcends demographic boundaries. Now, let’s delve deeper into the heart of these demographics:
10. A Unique Rhythm Emerges as 52.3% of Freelancers in the United States are Female, Surpassing Their Male Counterparts at 47.7%, a Shift That Unfolded in 2016.
In the earlier chapters, the numbers favoured male freelancers. However, the tune changes regarding earnings—for every dollar men earn, women earn 95 cents, a melody highlighting the persistent nuances of the gender pay gap in the freelancing arena. It’s not just statistics; it reflects the ongoing journey towards equitable opportunities and recognition in freelancing.
However, a twist in the tale unfolds—white freelancers, despite their majority, boast the lowest annual salaries. On a contrasting note, 10.4% of freelancers proudly identify as Asian, marking their presence with the highest annual freelancing salaries. This narrative adds depth to the mosaic of earnings within the freelancing community.
Meanwhile, a vibrant cohort of 35% comprises freelancers aged between 30 and 40, bringing their unique energy and expertise to the freelance landscape. In the early stages of their professional journey, a dynamic 24% of freelancers fall within the 20 to 30 age group, contributing to the ever-evolving tapestry of the freelancing community.
13. Over 51% of Freelancers Hold Post-graduate Degrees, Showcasing the Diverse and Educated Talent Pool in the Freelance World.
It’s fascinating to see how this figure has jumped by 16% compared to those with different educational backgrounds. But it doesn’t stop there. The number of freelancers sporting post-graduate degrees has climbed by 6% since 2019, underlining a growing trend towards higher education in the freelance community. Conversely, about 31% of freelancers have kept things simple with a high school diploma or less. Now, let’s dive into the fascinating details of the educational mix within the freelance community.
- High school graduate or less: 31%
- Some college or associate degrees: 35%
- Bachelor’s degree: 35%
- Post-graduate degree: 51%
It’s like a snapshot of people’s diverse paths in their education, from high school grads to those rocking post-graduate degrees. Each number represents a unique journey, showcasing the rich tapestry of experiences among freelancers.
Detailed Statistics on Freelancing
Let’s take a closer look at the pulse of the freelance world and some noteworthy stats.
14. In 2024, 21% of Folks in the United States and the United Kingdom are Plotting Their Freelance Journey, With an Additional 28% Gearing Up to Join the Freelance Ranks Within the Next Five Years.
That’s almost three out of every ten employees exploring the freelancing frontier. The younger generation is already making waves in the freelance scene. Among the 25- to 34-year-old age group, 40% are eyeing a full freelance gig, while 52% are open to testing the waters part-time. It’s like they’ve got their fingers on the pulse of the gig economy!
15. Here’s a Nugget of Inspiration: Nearly 80% of Freelancers are Hitting Success.
Of course, building a thriving freelance career takes time – months or even years – to secure a steady income. But according to a survey by Upwork, a solid 75% of freelancers are making as much, if not more, than their full-time counterparts. Talk about turning passion into a paycheck!
16. Over 83% of Freelance Leaders are Feeling Pretty Positive About the Rise of Freelancing in 2024.
On the flip side, 21% are keeping it neutral, and a brave 6% feel uncertain about their freelance journey this year. These leaders, savvy as they are, report that freelance platforms are gearing up for a potential 2024 recession. Speaking of businesses, more than half (50%) are prepped and ready for any economic turbulence, while 41% are playing it cool – neither worried nor overly confident. However, a candid 9% admit that they might face some challenges. It’s a business rollercoaster!
17. According to 66% of Employees, the Struggle is Real Regarding Finding Enough Freelance Gigs.
The stability of a 9-to-5 job seems more appealing to most, given its steady income. It’s a reminder that even in the world of freelancing, the quest for consistent work is a universal journey. Let’s dive into the real talk of freelancers—the hurdles they face and the victories they celebrate. Here’s a peek into the top challenges that echo through the freelancer community. Finding enough work is the challenge facing up to 66% of the freelance population. Another challenge with freelancing is not getting gigs regularly, affecting their income. About 62% of freelancers reported facing this problem. As we said earlier, gigs may not come regularly for most freelancers, so about 60% manage irregular work.
Most freelancers have to struggle to meet up with clients’ expectations, and it affects their pay when they don’t. That said, about 60% of freelancers reported managing expectations with clients. Some clients owe service providers in conventional work environments. It’s even more in the freelance world where about 59% of freelancers struggle with clients not paying. Unlike in the traditional workplace, where your boss often gives bonuses to motivate employees, you are on your own in the freelance world. About 59% of freelancers struggle with self-motivation. 58% of freelancers deal with time management issues, 57% face problems settling the additional cost of working for themselves, and 57% struggle with filing taxes. Finally, being your boss entails managing everything on your own, and this accounts for the problems 56% of freelancers face.
18. For 83% of Individuals, Freelancers Aren’t Just About the Hustle—They’re a Dance With Financial Freedom.
Digging deeper into freelancers’ heartbeats, it’s clear that the rhythm of financial gains, coupled with the sweet melodies of control and flexibility, forms the anthem of the freelance journey. It’s not just a job; it’s a symphony of personal empowerment and professional autonomy.
Stats on Freelance by Country
Let’s embark on a global tour of freelance landscapes, exploring the vibrant statistics that paint a picture of the freelance world in various countries.
United States Freelance Stats
19. The United States freelancing hub doesn’t just thrive – it commands a whopping $1 trillion in US dollars. That’s not just a number; it’s a testament to the economic powerhouse freelancing has become.
20. As we rewind to 2020, a staggering 59 million freelancers marked their presence in the US, showcasing a dynamic and growing community. The freelancing tribe has expanded by over 6 million since the winds of 2014, and the growth spurt hasn’t stopped there – it’s surged by more than 3.5% since the dawn of 2019.
21. Here’s a remarkable tidbit: the freelance industry isn’t just a player; it’s a heavyweight, contributing almost 5% to the US GDP.
Freelancers Stats for Canada
22. In Canada, approximately 2.7 million individuals are not just workers but self-employed artisans of their destiny.
23. Among the Canadian workforce, a solid 15% proudly wear the badge of freelancers or the self-employed, navigating their paths.
24. Now, shifting our lens to the maple-rich landscapes of 2021, Canada witnessed a noteworthy 71% surge in the freelancing community.
Freelancers Stats for the UK
25. A fascinating narrative unfolds Across the pond in the United Kingdom. In the realm of freelancing, a vibrant community of approximately 2.2 million individuals takes centre stage. But these are not just numbers but stories of resilience and passion.
26. Out of this tribe, 1.9 million freelancers choose to dance with their craft full-time – a commitment that transcends work; it’s a way of life.
27. A resounding 88% of freelancers in the UK identify as White, reflecting the tapestry of diversity within the freelancing community.
28. Age is just a number, but it tells tales—50 % of UK freelancers, seasoned in experience, fall within the 40 to 59 age bracket.
29. A glance back to 2020 reveals a balanced gender dynamic, with 44% female and 56% male freelancers. It’s a testament to the inclusivity and equality etched into the narrative of freelancing in the UK.
Stats on Freelancers in Europe
30. Venturing into Europe’s vast canvas, we discover a rich tapestry of freelancers, estimated at a staggering 22 million. But these aren’t just numbers; they are the pulse of diversity and skill that defines freelancing across the continent.
31. Peering into the gender landscape, Europe unfolds as a realm where 65% of freelancers are male. Still, the remaining 35% adds a unique hue to this canvas – a testament to the inclusive spirit of freelancing in Europe.
32. Beyond demographics, the average age of a European freelancer is 40, reflecting a seasoned blend of experience and innovation. Education is not just a journey; it’s a cornerstone – a significant 77% of European freelancers hold at least a Bachelor’s degree, with an impressive 54% boasting a Master’s degree.
33. Europe isn’t just a continent; it’s a thriving hub with the highest concentration of freelancers, at 35.5%. This is a testament to the freelancers who weave the diverse narratives shaping the vibrant freelancing landscape in Europe.
Statistics on the COVID-19 Era of Freelancing
34. From April to June 2020, during the heat of the pandemic, a whisper of hope echoed through freelancing platforms as job openings soared by a remarkable 25%.
35. During these trying times, for almost 32%, the demand for freelance services waned, painting a picture of the challenges faced.
36. Only a resilient 5% witnessed a great demand increase, a testament to the adaptability and perhaps a stroke of good fortune.
37. Amidst the ebb and flow, 23% found themselves in a haven of stability, experiencing no significant change in the demand for their services. It’s a reminder that some found a steady rhythm in the dance of uncertainties.
38. Zooming into North America, the freelancing landscape witnessed a dip, with a decrease of 53.7% in demand during the pandemic. It’s not just numbers; it’s the collective narrative of freelancers navigating through turbulent times, each with their unique story of resilience.
Embracing the Freelance Trend
As we enter the new year, the pulse of freelancing continues to beat stronger, building on the trends observed in 2023. The gig economy is poised for further expansion, with a significant quarter of employees eagerly eyeing freelance opportunities, whether as a side hustle or a full-time venture. Let’s explore the evolving landscape of freelancing in 2024.
39. The AI Wave and New Opportunities.
The surge in AI usage is reshaping the freelance landscape, creating a demand for experts in areas like machine learning and data science. Tech freelancers predict that skills in data analysis (14.2%), data science (11.2%), and machine learning (10.3%) will be the power trio in 2024. Proficiency in programming languages like Python, Java, and SQL will be the keys to unlock these burgeoning opportunities.
40. Embracing a Four-Day Workweek.
2024 is ushering in a new reality – the four-day workweek. During discussions with freelancers, almost one in five expressed excitement about the prospect of a three-day workweek. This shift is seen as a means to boost efficiency and a strategic move to achieve revenue goals while investing less time. For many, it’s a pursuit of a balanced work-life equation.
41. Time is the Ultimate Desire.
The heartbeat of freelancers resonates with a universal desire for more time. An overwhelming 96.5% express a longing for additional time, emphasizing the need for a more balanced and fulfilling lifestyle. A significant 88.9% wish to allocate more time to their families, highlighting the intrinsic value placed on personal connections.
42. Soft Skills Take Center Stage.
Communication skills, deemed paramount by 73% of freelancers, emerge as the crown jewel in a freelancer’s skill set. LinkedIn USA echoes this sentiment, noting a shift in employer priorities from hard skills to soft skills like effective communication and teamwork. Navigating the freelance landscape in 2024 requires technical prowess and the ability to connect and collaborate. In the evolving world of freelancing, 2024 beckons with new opportunities, a redefined workweek, a craving for time, and a spotlight on the soft skills that foster meaningful connections.
43. Entering the 30s is a Game-changer for Freelancers as They Focus on the Serious Business of Savings and Retirement.
In the United States, many freelancers are unprepared for their financial future. Acknowledging this gap, the government has taken a step forward with initiatives like Secure 2.0, designed to help freelancers secure their savings. However, it’s important to note that the full impact of these measures is anticipated to kick in after 2027.
Looking ahead, freelancers in their 30s are gearing up for a positive shift. They’re consciously putting aside a significant chunk – around 15% of their earnings – each month. It’s a proactive move, a testament to the growing awareness among freelancers that planning for the future is not a luxury but a necessity. The 30s mark a turning point, not just in age but in the financial mindset of freelancers, as they stride purposefully towards a more secure tomorrow.
Future Predictions on Freelancing
44. In the realm of freelancing, 64% of freelancers resonate with a positive shift in their mental well-being since embracing the freelance journey.
45. But that’s not all. The heartbeat of freelancers echoes even louder when it comes to quality of life. A substantial 68% share that their overall quality of life has experienced a positive transformation since stepping into the world of freelancing.
45. As we bid farewell to 2021, a bustling community of around 67.6 million freelancers was anticipated to paint the United States’ landscape.
46. Fast-forward to 2027, and freelancers are projected to account for over half of the US workforce, crossing the 50% mark.
47. Now, let’s go further—53.4% of freelancers believe that the demand for their services will soar post-pandemic.
48. For the ride ahead, the growth rate of full-time freelance work is gearing up for a thrilling ascent. Over the next five years, a robust surge at an estimated rate of 65% is anticipated.
Wrapping Up
The stats shared in this article aren’t just mere numbers. They are insights compiled to illuminate your path should you embark on a freelancing adventure. If you are already stirring your course in the freelance realm, these stats can offer you a fresh perspective, serving as a compass aiding your ongoing journey. The transformative currents from the heat of the global pandemic in 2020 reshaped our perception of freelancing.
Many people are ditching the traditional 9-to-5 jobs and embracing the work-from-home model, and as a result, the gig economy is expanding. Within the confines of this article, we’ve skillfully woven together statistics and a rich tapestry of trends and facts to provide a glimpse into the dynamic evolution of freelancing.
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Source: 45+ Freelance Statistics 2024 You Can’t Afford to Miss (Facts, Trends)