Middle East Internet Penetration Rate per Country (As % of Population)

87% of countries in the Middle East have an internet penetration rate superior to the global average with countries like the UAE, Saudi Arabia, Bahrain, Qatar, and Kuwait boasting a 100% penetration rate. Mobile cellular subscriptions as a percentage of the population follows a similar trend with an average above 100% ranging from 58% for Yemen to more
than twice the population in the United Arab Emirates. High mobile and internet penetration rates provide a strong foundation for the growth of Fintech, particularly mobile-based financial services such as mobile money and mobile banking.