Technology

High-Speed Internet Use Among OECD Members Surged in 2016

Thinkstock

High-speed internet use among the 35-member countries of the Organization for Economic Co-operation and Development (OECD) surged in 2016, with mobile broadband penetration reaching 99 subscriptions per 100 inhabitants in December 2016, up from 91 per 100 a year earlier, according to data released by the Paris-based organization.

The addition of 113 million mobile broadband subscriptions, an increase of 9.8% in the OECD area, was stoked by growth in the use of smartphone and tablets.

Eleven member countries — Japan, Finland, Australia, the United States, Denmark, Sweden, Estonia, Korea, Iceland,  New Zealand and Ireland — are above the 100% penetration level, up from nine a year ago.

Poland, Slovenia, Chile, Portugal, Turkey and Mexico were the fastest-growing countries among OECD members in mobile broadband penetration in the previous six months, with growth rates ranging between 22% and 12%.

DSL is still the prevalent technology, making up 43% of fixed broadband subscriptions. It is being gradually replaced by fiber, which now accounts for 21.2% of subscriptions. Cable (32.7%) makes up most of the rest.

The OECD was created to encourage economic interdependence among member nations with the help of evidence-based analysis.

Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)

Take the quiz below to get matched with a financial advisor today.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Take the retirement quiz right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.