Key Market Indicators
The number of mobile subscribers in the Maldives is projected to decline to approximately 650,000 by 2028, down from around 704,000 in 2023. This represents an average annual decrease of 1.3%. Since 2001, the demand for mobile subscriptions in the Maldives has dropped by an average of 3.9% each year. In 2023, the Maldives ranked 158th globally in terms of mobile subscriptions, with Malta just ahead at 704,000. Leading the global rankings in mobile subscriptions are India, the United States, and Indonesia, occupying the second, third, and fourth positions, respectively.
