Key Market Indicators
Nicaragua's mobile subscriber base is projected to reach approximately 11.3 million by 2028, marking a significant increase from the current 8 million subscriptions in 2023. This growth represents an average annual rate of 5.4%. Since 1998, Nicaraguan demand for mobile subscriptions has seen a steady rise of 1.5% each year. In 2023, Nicaragua ranked 97th globally in terms of mobile subscriptions, with Bulgaria surpassing it with the same number of subscriptions. Leading the global rankings for mobile subscriptions are India, the United States, and Indonesia, occupying the second, third, and fourth positions, respectively.
