Around 1.57 billion people, about 46.7% of the global workforce, are freelancing. In the U.S. specifically, more than 64 million freelancers are making their mark, contributing an impressive estimated $1.27 trillion to the economy in 2023.
It’s also interesting to note that a significant portion of US freelancers comes from younger generations, with 52% of Gen Z and 44% of millennials participating in the freelance workforce.
This article offers the most recent insights into the current state of freelancing, including the number of freelancers, their demographics, and other relevant statistics.
Freelance Statistics 2024: Top Picks
- There are about 1.57 billion freelancers worldwide out of a total workforce of 3.38 billion.
- The self-employed workforce percentage globally has dropped from 55.5% in 2000 to 46.7% in 2024.
- The United States has over 64 million freelancers.
- Around 52% of Gen Z workers freelance, and 44% of millennials do the same.
- The freelance platform market is expected to reach $7.49 billion in 2024.
- Freelancers in the U.S. earn an average of $47.71 per hour.
- Full-time freelancers work about 43 hours a week on average.
- 54% of freelancers work five days a week.
How Many Freelancers In The World?
Out of a global workforce of 3.38 billion, approximately 1.57 billion people work as freelancers.
This means that nearly 46.7% of the world’s workforce is self-employed or working independently. However, this percentage has seen a gradual decline over the past two decades. In the year 2000, freelancers accounted for about 55.5% of the workforce, which has since dropped to 46.7%.
One of the main drivers behind this trend is a global shift toward job stability and the increase in traditional employment opportunities, which appeal to many seeking long-term security and benefits.
The following table displays the percentage of employees who freelance over the years:
Year | Percentage Of Employees That Freelance |
---|---|
2024 | 46.7% |
2021 | 47.0% |
2015 | 48.2% |
2010 | 51.6% |
2005 | 53.9% |
2000 | 55.5% |
1999 | 55.7% |
1991 | 55.2% |
Source: World Bank.
Number Of Freelancers In US
There are over 64 million freelancers in the United States.
As of 2023, more than 64 million people in the United States are freelancing, representing 38% of the U.S. workforce. This number, reported by Upwork, shows a growth of 4 million freelancers compared to 2022, highlighting the increasing popularity of freelance work.
Freelancers are also making a substantial economic impact, contributing an estimated $1.27 trillion to the U.S. economy in 2023.
Further, according to the Worksuite reports, 50% of the US workforce is projected to freelance by 2027.
Here is a table displaying the percentage of US workforce freelancing by year:
Year | Share of US Workforce Freelancing |
---|---|
2023 | 38% |
2022 | 39% |
2021 | 36% |
2020 | 36% |
2019 | 35% |
2018 | 35% |
2017 | 36% |
2016 | 35% |
2015 | 34% |
2014 | 34% |
Source: Upwork, Global Newswire, Worksuite
Freelance Statistics By Country
The United States has the largest number of freelancers globally, followed by the United Kingdom and Canada.
Here is a list of countries with the highest number of freelancers as of H1 2024:
- United States
- United Kingdom
- Canada
- United Arab Emirates (UAE),
- Philippines
- India
- France
- Brazil
- Australia
- South Africa
In the first half of 2024, U.S. companies spent the most on freelance talent, with Ukrainian companies following closely in second place.
Here is a table displaying the top 10 countries where companies spent the most on freelancers in H1 2024.
- United States
- Ukraine
- Canada
- United Kingdom
- Turkey
- Germany
- India
- Philippines
- France
- Slovenia
South Africa Saw An Impressive 126% Increase In The Number Of Freelancers In The First Half Of 2024
Meanwhile, the United States experienced a 68% growth, and Canada wasn’t far behind with a 64% rise. Australia and the UAE also made the list, showing the fourth and fifth-highest increases in freelance numbers.
Here is a table highlighting the countries where the number of freelancers grew the most in the first half of 2024:
Country | Percentage Increase In The Number Of Freelancers |
---|---|
South Africa | 126% |
United States | 68% |
Canada | 64% |
Australia | 62% |
UAE | 47% |
Source: Global Newswire
95% Of Niger’s Workforce Is Self-Employed
Central African Republic and Chad follow Niger, with 93.2% and 92.6% respectively.
Unemployment, limited job opportunities, and other economic difficulties are some of the major reasons for this country’s high freelancing rates.
On the other hand, Qatar has the lowest share of the workforce working as freelancers. Only 0.4% of the people in the country work as freelancers. Kuwait, Bahrain, Oman, and Belarus are other countries with countable freelancers.
These low rates of freelancers are because independent freelancing without a visa sponsor is illegal in Qatar. The category of “independent contractor” does not exist in the country, and in the same way, it is not permissible in many countries.
The following table displays the countries with the highest and lowest share of the workforce working as freelancers.
Rank | Country | Self-Employment Percentage |
---|---|---|
1 | Niger | 95.1% |
2 | Central African Republic | 93.2% |
3 | Chad | 92.6% |
4 | Guinea | 91.9% |
5 | Somalia | 91.7% |
178 | Belarus | 4.3% |
179 | Oman | 3.7% |
180 | Bahrain | 2.7% |
181 | Kuwait | 1.8% |
182 | Qatar | 0.4% |
Source: World Bank.
Freelancer Demographics
Approximately 52% of the Gen Z workforce is engaged in freelance work, while 44% of millennials are freelancing.
However, despite their high participation rates, Gen Z freelancers make up only 15% of the total freelance population. In contrast, millennials represent a larger portion, accounting for 45% of all freelancers.
The silent generation, including those born before 1946, has a much smaller presence in the freelance landscape, with only 4% of freelancers in this group.
Here is a table displaying the distribution of freelancers by generation:
Generation | Percentage Of Freelancers |
---|---|
Gen Z | 15% |
Millennials | 45% |
Gen X | 27% |
Boomers | 9% |
Silent Generation | 4% |
Source: Upwork
Number Of Working Hours Of Freelancers
Freelancers work for at least 6 hours a day. However, this may vary according to the project they are working on. Some projects require just 2 to 3 hours of work in a week, while some tasks require dedicated work of 8 or more hours in a day.
36.1% Of The Freelancers Spend 10 To 20 Hours A Week Freelancing
On average, a full-time freelancer works for 43 hours per week.
That is similar to a regular nine-to-five job. However, freelancers have flexible working days and schedules.
This time also varies according to the industry a freelancer is working in and the workload they have.
Some freelancers may work part-time, around 20 to 25 hours per week, while others may work for more than 40 hours.
The following table displays the time freelancers spend working in a week.
Number Of Hours | Percentage Of Freelancers |
---|---|
More than 30 hours | 28.6% |
21 to 30 hours | 19.5% |
10 to 20 hours | 36.1% |
Less than 10 hours | 15.9% |
Source: Calendar, Credit Donkey.
Number Of Working Days Of Freelancers
On average, freelancers work for 5 to 6 days in a week. Some freelancers work for four days or less in a week, depending on their needs and the nature of work.
54% Of The Freelancers Work For Five Days A Week
Besides, 3 in 10 freelancers said they work more than five days a week.
The following table displays the number of hours freelancers prefer to work:
Number Of Working Days | Share Of Freelancers |
---|---|
5 Days | 54% |
4 Days | 12% |
More than 5 Days | 27% |
Less than 4 Days | 8% |
Source: FreelancerMap.
Global Freelance Market Size
The freelance platform market is projected to reach a size of $7.49 billion in 2024.
This marks a significant increase from the previous year’s valuation of $6.46 billion, reflecting a growth rate of 15.9% in just one year.
Looking ahead, the market is expected to continue expanding at a compound annual growth rate (CAGR) of 16.8% from 2024 to 2033. By the year 2033, it is anticipated that the market will grow to approximately $13.92 billion.
North America remains the largest regional market for freelance platforms, highlighting the region’s strong demand for flexible work solutions.
Source: The Business Research Company
Freelancers Earnings
On average, freelancers earn $99,230 annually. However, the top earners have an annual earning of $200,000. Meanwhile, 25% of freelancers earn $50,500 annually.
The Average Hourly Pay For A Freelancer In The United States Is $47.71
The hourly wage for freelancers in the United States can be as high as $132.21 or as low as $14.90.
Besides, most freelancers earn between $24.28 (25th percentile) and $61.78 (75th percentile) in the United States. These hourly wages may vary according to your work and industry.
The following table displays the annual salary and monthly salary of the freelancers.
Annual Salary | Monthly Pay | |
---|---|---|
Top Earners | $200,000 | $16,666 |
75th Percentile | $128,500 | $10,708 |
Average | $99,230 | $8,269 |
25th Percentile | $50,500 | $4,208 |
Source: Zip Recruiter.
The Average Freelance Programmer Makes $60-70/hr, With An Annual Salary Of Around $120,000
Programmers earn the highest as freelancers compared to other professions.
At the same time, a freelance writer has a rate between $30-40/hr, with an annual salary of around $42,000.
The money made by a freelancer differs according to the profession. Generally, the more technical a profession is, the more freelancers in that field can earn.
The following table displays the average hourly rates and annual salary the most popular freelancing job titles provide.
Freelancer Job Title | Hourly Wage | Annual Salary |
---|---|---|
Writers | $30-40/hr | $42,000 |
Editors | $25-35/hr | $40,000 |
Programmers | $60-70/hr | $120,000 |
General developers | $50-60/hr | $100,000 |
Mobile developers | $55-65/hr | $100,000 |
Web developers | $50-60/hr | $90,000 |
Graphic designers | $40-45/hr | $90,000 |
Transcribers | $20-25/hr | $32,000 |
Bookkeepers | $30-35/hr | $40,000 |
Online marketers | $50/hr | $100,000 |
Photographers | $35-45/hr | $42,000 |
CRM managers | $50-60/hr | $120,000 |
Data analysts | $55-65/hr | $100,000 |
Source: Upwork.
Additional Freelancing Stats
This section covers the current state of the freelance industry and other significant statistics.
21% Of Employees In The United States And The United Kingdom Plan To Do Freelance Work In 2024
Another 28% of them will become freelancers in the next five years. This means nearly three in ten employees will be freelancers in the upcoming years.
Younger workers are already the most active in the freelance market. 40% of the employees aged 25-34 are aiming to go freelance, while 52% say they would consider it on a part-time basis.
Source: Remote.
Nearly 80% Of The Freelancers Are Successful
However, it requires months or years to have a successful career as a freelancer and acquire a study income.
Besides, according to a survey conducted by Upwork, 75% of freelancers earn as much, or more, than they did when working full-time.
Source: Waveapps.
Over 83% Of Freelance Leaders Are Highly Or Moderately Positive About The Rise In Freelancing In 2024
At the same time, 21% were neutral about it. In contrast, 6% of freelance leaders are doubtful about their freelance performance in 2024.
Further, the freelance leader reported that the freelance platforms are prepared for the possibility of a recession in 2024.
Over 50% of businesses reported being prepared, while 41% said they were neutral about it. However, 9% of businesses said that they may experience a difficult time.
Source: Forbes.
66% Of The Employees Said That Finding Enough Work Is The Biggest Challenge As A Freelancer
Most employees prefer a job over freelancing as it provides them with a stable income, and they find it difficult to find enough work.
Other major concerns of the employees were managing an irregular income, managing irregular work, managing expectations with clients, and more.
Here are the top challenges of working freelance according to employees.
- Finding enough work: 66%
- Managing an irregular income: 62%
- Managing irregular work: 60%
- Managing expectations with clients: 60%
- Clients not paying: 59%
- Self-motivation: 59%
- Time management: 58%
- Additional costs to work for yourself: 57%
- Filing taxes: 57%
- Being your own boss:56%
Source: Remote.
83% Of The People Said They Work As Freelancers For Financial Gains
Financial gains, control, and flexibility are among the top reasons for freelancing.
The following table displays the top motivators for freelancers.
Top Motivators For Freelancers | Share Of Freelancers |
---|---|
To earn extra money | 83% |
To have flexibility | 73% |
To be in control of my own financial future | 72% |
To be my own boss | 70% |
To work from the location of my choosing | 69% |
To pursue work that I am passionate about or find meaningful. | 67% |
Source: Upwork.
Freelancing Trends For 2024
2024 is here, and after observing the freelance trends in 2023, it is quite evident that the market will further expand in 2024.
At least one-fourth of employees are looking forward to taking up freelance work, either part-time or full-time. Let us take a look at the freelance trends for 2024.
New Freelance Opportunities Will Rise Due To AI
With the increase in the use of AI, AI experts like prompt or machine learning engineers and data scientists are increasingly in demand.
The key skills that tech freelancers consider will gain importance in 2024 are data analysis, data science, and machine learning, with 14.2%, 11.2%, and 10.3% of respondents, respectively.
Plus, having proficiency in skills like Python, Java, and SQL is essential.
20% Of The Freelancers Said They Look Forward To Working Only Four Days A Week Or Less
Working four days a week will be the new reality in 2024. While discussing a four-day workweek with the freelancers, almost 1 in five freelancers said they are looking forward to taking off three days a week in 2024.
Some freelancers added that this will help them work efficiently and achieve revenue goals even after investing less time.
Additionally, 96.5% of the freelancers said they desire more time. While 88.9% said they wished to spend more time with their family.
73% Of Freelancers Consider Communication Skills The Most Important Skill A Freelancer Must Possess
LinkedIn USA confirms that employers are lowering the emphasis on hard skills and shifting their attention towards soft skills like communication and teamwork.
The following table includes further details about the most essential soft skills for freelancers.
Soft Skills For Freelancers | Share Of Freelancers That Consider Them Most Important |
---|---|
Communication | 73% |
Problem-Solving | 62% |
Self-motivation | 55% |
Willingness to learn | 55% |
Discipline | 53% |
Flexibility | 53% |
Self-confidence | 46% |
Perseverance | 40% |
Emotional intelligence | 31% |
Creativity | 27% |
Others | 2% |
Freelancers In Their 30s And Over Will Start To Take Their Savings And Retirement Seriously
Freelancers in the United States are underprepared for their retirement and savings.
Hence, the government stepped in and is helping them with laws like Secure 2.0, offering savings match initiatives. But this will start after 2027.
Hence, freelancers in their 30s will be saving a sum of 15% each month.
Source: FreelancerMap, Fiverr.
Conclusion: 1.57 Billion People Freelance Worldwide
The freelance platform market is set to reach an impressive $7.49 billion by 2024, highlighting the increasing demand for flexible work arrangements.
In the U.S. alone, freelancers contributed around $1.27 trillion to the economy in 2023, showcasing their vital role in driving growth.
As more companies embrace remote work and tap into freelance talent, we can expect the freelance market to continue expanding globally. This shift reflects a growing desire for independence and adaptability in the workforce, making freelancing an attractive option for many people around the world.