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TORONTO Facebook is holding its spot as the most dominant social network on the webdespite recent reports of major losses to its teen audience, according to the Global Web Indexs (GWI) quarterly report on global trends in social media.

The social networking giant topped the GWIs list for account ownership and active users, 56 per cent of whom log in more than once a day to check their friends status updates.

The study is based on responses from 170,000 users in 32 countries.

The report also showed that Facebook had high usage of its official mobile apps, with 69 per cent of people using the mobile app and 37 per cent using the Facebook Messenger app.

But, the GWI notes that the extent of the social networks decline has been significantly over-exaggerated in some reports.

According to its data, Facebook only saw a three per cent decrease in active usage last year.

The majority of the buzz surrounding Facebooks usage decline comes from reports that the social networks once dominant teen user base is moving away from the site in favour of more app-based social networks like Instagram and Snapchat.

READ MORE: Facebook may be losing its teen audience, but its thriving with adults

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Facebook remains at the top of the social media food chain: report