Internet Participation Rates

ca-2016-10-15-internet-participation-rates1Pretty much everybody has access to the Internet.  Don’t they?  The actual global median of all countries is 67% of citizens, but access is not evenly distributed.  In the U.S., 89% of adults use the Internet at least occasionally, according to the Pew Research Center.  Only South Korea (94%), Australia (93%) and Canada (90%) report higher figures, and the UK (88%), Spain (87%), Israel (86%) and Germany (85%) are comparable.

But as you can see from the accompanying chart, Internet access is much lower in places like Ethiopia (just 8% of adults accessing the Internet), Uganda (11%), Pakistan (15%), and even India (22%), Mexico (54%) and China (65%) are surprisingly low.  Russia, at 72%, actually ranks as one of the world’s leaders, although Internet access is not yet ubiquitous as it is in the more developed nations.

The research found, as you might expect, a very strong correlation between country wealth (as measured by per-capita GDP) and internet access.  (See chart)  But a separate part of the study shows that some of the world’s poorer countries are rapidly increasing their internet usage.  In Turkey, Jordan, Malaysia, Chile and Brazil, the percentage of adults using the internet increased by double digits from 2013 to 2015.

And not surprisingly, the study found that everywhere they looked, younger people age 18-34 were more likely than people over age 35 to say they use the internet or own a smartphone.  Some things are consistent across cultures.


1. Internet access growing worldwide but remains higher in advanced economies


About Objectively Speaking

Tom Batterman, founder of Vigil Trust & Financial Advocacy and Financial Fiduciaries, LLC is in the business of representing the best financial interests of his clients. Having provided objective, fee-only financial management services for over two decades, he specializes in managing the investment and related financial affairs of individuals and mutual insurance companies who do not have the time, interest or expertise to manage such matters on their own. As an objective, unbiased professional who takes on a fiduciary responsibility to his clients, he guides clients to the financial decisions they would make themselves if they had years of training and experience and the time and expertise to fully research and understand all of their options. Founded in 2010 as an outgrowth of Vigil Trust & Financial Advocacy, Financial Fiduciaries, LLC is a financial management solution for individuals and mutual insurance companies who recognize they do not have the time, interest or expertise to properly attend to their financial matters on their own. While there are many financial “advisors”, most of them have investment products to sell and the “advice” they provide is geared toward getting their clients to engage in a purchase. As one of the rare subset of advisors known as “fiduciary advisors”, Financial Fiduciaries does not sell any investment product so its guidance is not compromised by conflicts of interest which plague ordinary advisors. Prior to his employment in the financial industry in financial advocacy and trust positions, he worked at a private law practice in the Wausau area in the areas of estate planning, tax, retirement planning, corporate organizations and real estate. He is a graduate of the University of Wisconsin-Madison and the UW-Madison Law School and has during his career held Series 7, 24 and 65 securities licenses. A longtime resident of the Wausau, Wisconsin Area, Tom is active in the community. He enjoys golf, curling, skiing, fishing, traveling and spending time with his family.
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