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The speed of Internet adoption


FRED recently added Internet usage data from the World Bank. The Internet was initially available only to the richest households who could afford both a computer and the connection. It has democratized considerably since, although the poorest still cannot afford it. The Internet was invented in the U.S., so it’s no surprise that its use became widespread in this country before it did elsewhere. The graph shows, however, that other countries have been catching up and even overtaking the U.S. It also shows that China and India are developing rapidly. At some point in the future, the Internet will be like refrigerators and televisions: Everyone will have access to it, except those who purposefully abstain from it.

How this graph was created: Search for “Internet” and the country name to find the series and then add it to the graph.

Suggested by Christian Zimmermann

View on FRED, series used in this post: ITNETUSERP2CHN, ITNETUSERP2DEU, ITNETUSERP2IND, ITNETUSERP2KOR, ITNETUSERP2USA


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