At the end of 2008, approximately 19 per cent Internet connections around the world were at speeds greater than 5 Mbps - a 21 per cent increase over the average global connection speed at the end of 2007.
This is according to the State of the Internet report, a quarterly study by Akamai Technologies, the US-based Internet content distribution giant. The State of the Internet report tracks average connection speeds for countries around the world.
Check out the top 10 nations in terms of average Internet connection speed.
1. South Korea
South Korea rules supreme when it comes to Internet connection speed and broadband connectivity. It is the world's No.1 with average connection speed of 15 Mbps, ten times the global average!
During 2008, South Korea's rate of quarterly change appeared to be locked into a cyclical pattern, with quarterly decreases being recorded in the first and third quarters, and increases seen in the second and fourth quarters.
For the whole year, South Korea saw a modest 7 per cent rise in their levels of high broadband adoption. South Korea is also ranked first in terms of high broadband connectivity with 69 per cent connections above 5 Mpbs.
2. Japan
Japan ranks 2nd in terms of Internet connection and high broadband connectivity. Japan ranks 2nd in terms of high broadband connectivity. About 54 per cent of the connections in Japan are above 7 Mbps.
3. Hong Kong
Hong Kong ranks third with an Internet connection speed of 6.9 Mbps. The country ranks fifth in terms of high broadband connectivity with 38 per cent of the connection above 5 Mbps.
4. Romania
Romania is at the fourth position with a Internet connection speed of 5.7 Mbps. The country ranks third in terms of high broadband connectivity with 45% of the connection above 5 Mbps.
5. Sweden
Sweden is at the fifth position with a Internet connection speed of 5.6 Mbps. Sweden ranks fourth in terms of high broadband connectivity with 39 per cent of the connection above 5Mbps.
6. Switzerland
Switzerland has bagged the sixth position with an Internet connection speed of over 5 Mbps. The country however does not figure in the top ten list of countries with high broadband connectivity.
7. Netherlands
Netherlands ranks 7th with an Internet connection speed of 4.9 Mbps. The country ranks 7th in terms of high broadband connectivity with 28 per cent of the connections above 5 Mbps.
8. Belgium
Belgium is at the 8th position with an Internet connection speed of 4.7 Mbps. The country ranks sixth in terms of high broadband connectivity with 31 per cent of the connection above 5 Mbps.
9. Slovakia
Slovakia bags the ninth position with an Internet connection speed of 4.5 Mbps. The country does not figure among the top ten in terms of high broadband connectivity.
10. Norway
Norway ranks tenth with an Internet connection speed of 4.5 Mbps. The country ranks fifth in terms of high broadband connectivity with 38 per cent of the connection above 5 Mbps.
United States is at the 17th position with an Internet connection speed of 3.9 Mbps, up approximately 8 per cent from the average connection speed for the first quarter of 2008.
In terms of Internet connection speed, China is way behind leading economies with an average Internet connection speed of 833 kbps.
India has been ranked at a dismal 115th among 223 countries in terms of average Internet connection speeds. India has an average Internet connection speed of just 772 Kbps compared with the global average of 1.5 Mbps.
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