elos42, I see you posted on this issue several times in the Nov 4 thread announcing the new speed report features, so I thought it might help everyone to have that context. Here's the thread...
Google Rolls Out Search Console Speed Report https://www.webmasterworld.com/google/4971238.htm [webmasterworld.com]
The thread includes a link to the Google webmaster blog announcement, to explain Google's general approach... and I see that you posted several times about your particular issues and questions. Here's an excerpt from one of your posts which lays out some of your key issues...
I think I may be paying a penalty for the fact that 90% of my customers come over mobile connections in India, which can be quite unpredictable. So, if Google's going by load times on those mobiles, and compare those times to a 'global benchmark', the load-times for my site would be very high.
On the other hand, if load times are benchmarked against 'national averages', I wouldn't do so bad. Similarly, if mobile download times are compared with mobile download times, instead of a blended average, I wouldn't do so bad either. I don't know how they do this.
As far as I can see, sites whose consumers are located in high-speed countries such as Korea, Japan, USA and EU should automatically be marked fast, compared to an identical site on the same host targeting a country like India or Pakistan, which would be marked slow.
Google discussions about page speed have suggested that they've definitely wanted to compare apples to apples... which I'm assuming included comparisons within similar geo areas.
With insufficient "real world speed data" for your site, which is what the report notes, it's not clear, as you've observed, what user-base they are comparing you with, or how they determine where your user-base is. A Google core philosophy seems to be that they do want to keep data localized rather than "global", and therefore probably not make assumptions about international speed. A site in a high speed country, eg, might not be designed well for speed, or it might have lots of iframes, etc etc... so global comparisons become quickly meaningless.
As I remember some very early discussions, which may well have changed since Google's beta testing, this will not be like a horse race. As state-of-the-art-progresses, Google will be looking for
outliers, sites which fall at the extreme low (or high) ends. I suspect that it may take them a while to get sufficient data... and except for extreme outliers, it will be a while before load speed affects rankings. I wouldn't worry too much about this at this stage.
The following Google Developers article, which goes into some detailed approaches for tracking FID, may be helpful...
First Input Delay [
developers.google.com...]