Summary of Payoneer 2023

Global Freelancer Insights

Report

Have you seen Payoneer's “Global Freelancer Insights Report” for 2023? We have collected the main insights in this post.

  • 46% of the freelancers saw an increase in demand for their work, indicating that businesses are more and more relying on freelancers.

  • Over two thirds of freelancers believe demand for their talents will continue to grow in 2023.

  • Finding new clients is consistently ranked as the top challenge of freelancers.

  • 55% of freelancers have taken on more work in response to the rising costs of living, 41% have raised their rates, and 32% have expanded their client base to new countries. This creates opportunities for businesses to hire the skills they need remotely.

  • The average hourly rate for female freelancers is $22 compared to $24 for men.

  • The gender pay gap is narrowing slightly (90 cents to $1) and is significantly smaller than the gap reported in the general population (77 cents to $1).

  • The fields of programming, marketing, project management, and web design saw the most significant increases in demand over the past year.

  • 38% of the respondents reported an increase in their hourly rates over the past year, that is a few digits lower than previous years and correlates the crisis on the market.

  • 70% of freelancers find most of their work through online marketplaces.

  • Over half of all respondents have considered either full-time or part-time employment in the past year.

See more graphs and interesting numbers in the carousel!​

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