If you’ve read our previous blog on How much does it cost to hire an interpreter, you’re probably aware that the interpretation rate can vary depending on many factors, such as the interpreter’s geographic location, the language pair and the type of interpretation services needed.
Regarding the language combination, recent years have revealed that Asian and Middle Eastern languages are among the top highest paying translation languages in the world.
Currently, the languages that are most in-demand in general are Japanese, Arabic and Chinese because it is difficult to find interpreters and translators that have a good command of both English and those languages.
As you know, the Chinese economy has experienced astonishing growth in the last few decades, and Forbes predicted it could overtake the U.S. to become the world’s biggest economy by 2018. Its dominance in the world’s economy makes it a noticeable source of business opportunity. As Chinese businesses are spreading globally and the country presents emerging outsourcing capabilities due to low costs and high productivity levels, it’s not a language to be ignored, particularly as English is not really widely spoken in the nation.
You can refer to the listings of Chinese interpreters on Freelensia platform to get an idea on how much a Chinese translator gets paid approximately.
In terms of Japan, the country itself has been a significant contributor in many other nations’ prosperity- including the USA & the UK, etc. both as an export market as well as a fundamental investor. It is also noted that Japan provides an abundance of opportunities, especially in terms of science and technology. Japanese businesses are highly innovative, it is the world’s third largest economy, leader in matters of high technology, research & development and one of the most technologically advanced and integrated nations in the world.
Please visit the listings of Japanese interpreters on our website if you want to know how much a Japanese translator can earn per event.
As Arabic-speaking nations are a fast-growing market for trade, initiatives to integrate the Arab world into the global economy are opening up many potential new business opportunities. Moreover, the Arab region with its growing population provides a huge export market for goods and services and has much to offer the world market with a GDP of over 600 billion dollars annually. In order to do business effectively, it is imperative to understand the language and culture of the people with whom one hopes to negotiate and conduct trade.
Please refer to the profile of an Arabic translator on Freelensia to see how much he charges for different types of interpreting services.
Thus, Japanese, Chinese and Arabic have risen to be among the highest paying translation languages in the world and the need for translation of these languages will continue to grow for the foreseeable future. Translators and interpreters specializing in these languages have better opportunities increasing their paychecks through time.