Infographics

Which Country Spends the Most Online? (Infographic)

Which Country Spends the Most Online? (Infographic)
Image credit: Pexels
Senior Entrepreneurship Writer at CNBC
1 min read

Residents of Hong Kong are the ecommerce champions of the world. By far.

The average consumer spends $2,868 per year online shopping in Hong Kong, according to data from the German statistics firm Statista. The country next in line for the most online spending is Norway, with an average of $2,448 spent per consumer. And Israel rounds has the third most online spending per capita with $2,171 spent per year.

To be sure, online spending correlates with a country’s wealth. And only countries that are reasonably well connected to the Internet are included in this research.

Related: This 29-Year Old Tailor Is Relentlessly Working to Overhaul the Menswear Fashion Industry

In sharp contrast to the high online spending of Hong Kong, Norway and Israel, residents of the Philippines only spend an average of $38 per year online.

For a full breakdown of what residents of the 50 most digitally connected countries in the world spend per year online, have a look at the infographic below, generated by London-based business services and equipment marketplace Expert Market.

Related: Website Builder Squarespace Launches New Ecommerce Tools for Business Owners

Click to Enlarge

Which Country Spends the Most Online? (Infographic)

Related: 2015 Will Likely Be Known as the Year of Mobile Commerce (Infographic)

More from Entrepreneur

Terry's digital marketing expertise can help you with campaign planning, execution and optimization and best practices for content marketing.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur