A study conducted by invoicing software company, Bookipi, has revealed that Nigerians are among the least expensive freelancers on one of the leading freelancing platforms, Upwork.
Nigeria ranked 18th out of 40 countries studied, charging an average of $163 per job, while freelancers from Colombia, which ranked as the number one least expensive country, charge an average of $73.13 per job.
On the other hand, freelancers from Australia are ranked as the most expensive. According to the report, Australian freelancers charge an average of $594.56 per job.
The second least expensive country is Brazil, where the average price of hiring a freelancer was found to be $79.81. In third is Argentina with an average freelancer rate of $80.84 per job. They are also the second cheapest country for a virtual assistant freelancer, according to the report.
Ranking as the fourth least expensive country is Jamaica, with an average rate of $88.63 per job. Venezuela came 5th with a cost of $93.41 per freelancing job.
At the other end of the scale, India follows Australia as the second most expensive, with an average rate of $501.00 per freelancing job, while Morocco ranked third most expensive with an average cost of $402.03.
Speaking on the findings, Tim Lee, CEO and founder of Bookipi, said:
Bookipi said it carried out a data scrape of the freelance site Upwork to find which countries are charging the most money for freelancing services. According to the company, 119 countries were initially included in the analysis, but data limitations left 40 countries that could be compared and ranked fairly.
For the overall country ranking, the median price of freelance services was based on a minimum of 10 projects for each country. This was meant to avoid any anomalies. For the category-specific rankings, a minimum of three project listings were used.