Liechtenstein has come out as the country with the fastest broadband internet speed in the world in a study conducted by Cable.co.uk. That shows the infrastructure improvements made over the past years pay off and will add to Liechtenstein’s attractiveness for digital businesses.
We can probably all agree on this: It’s annoying if the internet is slow. Really annoying. Unfortunately, even in developed countries, fast internet is not at all a given. Not even in bigger cities it’s always possible to get decent speed, let alone in rural areas.
The good news is, Liechtenstein has the fastest internet in the world. The country has made the top of the list of this year’s “Worldwide Broadband Speed League 2020.” Researchers tested broadband internet speeds in 221 countries and territories around the world, and Liechtenstein has come out as the global leader.
At 229.98 Mbps, internet speed in Liechtenstein is considerably faster than the global average of 23.83 Mbps. In practical terms, that means it takes less than three minutes to download a 5-gigabyte high-definition movie in Liechtenstein.
Another good news is that speed has increased significantly globally. Compared to 2019, the average has increased by more than 50 percent. The top 10 jurisdictions in the study are:
- Hong Kong
Most of the top ten are European countries. The US and Canada ended up on rank 20 and 34, respectively, with average speeds of 31.30 Mbps and 52.60 Mbps.
South Sudan makes the end of the list, with a speed of 0.58 Mbps, 394 times slower than the speed in Liechtenstein. That means the same 5-GB movie that takes three minutes to download in Liechtenstein would take 19 hours and 31 minutes in South Sudan.
Liechtenstein’s infrastructure improvements pay off
Fast internet speed is paramount for Liechtenstein and its digital agenda. The government is actively trying to push topics like network connectivity, cybersecurity, and digital infrastructure to attract more businesses to Liechtenstein. Having the fastest internet in the world gives companies another good argument to move here.
That’s especially true today in times of COVID and the work-from-home era. People not only need fast internet in office buildings but also at home, considering that that’s where a lot of the work is being done nowadays.
But it’s not only the internet speed that matters, security is equally important. That’s why the Liechtenstein government has just recently launched the website cybercheck.li, to enable small and medium-sized businesses to conduct a free security check. The website is just a very first step of a roadmap to improve cybersecurity.
These kinds of infrastructure improvements are key to Liechtenstein’s long-term digital strategy, combined with a feasible regulatory approach and an innovation-friendly ecosystem. Having the fastest internet in the world will certainly help Liechtenstein in the digital age.