Panama Tops the Charts in Technology and Internet Penetration

According to the Latin Business Chronicle, Panama is one of the top three nations in the Latin America region when it comes to technology and Internet penetration. The tiny Central American nation has moved up to knock Chile out of the second-place spot thanks mainly to strong wireless growth.

The news comes on the heels of the release of the LBC’s Latin Technology Index, an annual report that assesses technology levels in 20 Latin American countries. The date includes statistics on Internet penetration, personal computers, wireless subscribers and fixed-line telephony.

This year, Panama jumped from fourth to second place, while Uruguay remained in the top spot. Panama showed the most improvement in the index this year, improving 6.17 points to attain a score of 22.42.