How much does 1GB of mobile data cost around the world?
How much do you pay for a gigabyte of mobile data? Analysis of over 5,000 mobile data plans in 237 countries by comparison site Cable.co.uk compares the cost of 1GB of mobile data across the globe.
Israel is the cheapest with 1GB of data on the move costing a mere two cents. Italy is second-cheapest, with 1GB costing $0.085 on average. The US, however, ranks only 219th in the world, with an average 1GB cost of $6.00. The UK is 58th with 1GB costing on average $0.62.
Want cheap broadband? Head for Sudan
Analysis of data on over 3,700 broadband packages from 219 countries around the world shows that if you want the cheapest deal you should consider moving to Sudan.
The study by Cable.co.uk shows Sudan offers the world's cheapest broadband, with an average cost of $2.30 per month. By contrast another African nation, Burundi, is the most expensive place in the world to get fixed-line broadband, with an average package price of $383.79 per month.
The impact of the cost-of-living crisis on eCommerce businesses
The current cost of living crisis is having a global impact, with Covid and events like the war in Ukraine playing a significant role. In the UK, Brexit has further contributed to slowing economic growth. It all points to people spending less as they become more cautious with their money. Consumers are feeling the pinch of the highest prices they've seen in a generation, with energy bills soaring, food costs rising, and mortgage interest rates reaching 15-year highs.
As a result, inflation hit a 40-year high of 11.1 percent last November, and while it is too early to predict its future direction, it is currently having a dramatic effect on people and businesses. And, inflation is not the only challenge facing businesses. Supply chain and labor shortages are also significantly impacting eCommerce stores, contributing to higher manufacturing costs and fewer products in production.