Key Market Indicators
Latvian mobile subscribers are projected to increase to approximately 2.2 million by 2028, according to recent data. This marks a slight growth from the current 2.17 million subscriptions in 2023, reflecting an annual average growth rate of 0.2%. Since 1997, Latvia has experienced a modest but steady increase in mobile subscriptions, averaging a 1% rise each year. In the global rankings for 2023, Latvia holds the 138th position in terms of mobile subscriptions. Bahrain narrowly surpasses Latvia with an identical number of subscriptions at 2.17 million. Leading the global rankings are India, the United States, and Indonesia, occupying the second, third, and fourth spots, respectively.
