In 2023, Finland led with 191 mobile phone subscriptions per hundred persons, followed by Greenland (124), Iceland (123), Norway (110.4), and the Faroe Islands (110.3). Compared to the previous year, Finland's subscriptions grew by 2.0%, Greenland by 2.06%, Iceland by 1.01%, Norway by 0.55%, while the Faroe Islands experienced a slight decline of 0.23%.
Over the last five years, the Compound Annual Growth Rate (CAGR) shows Finland as having the highest consistent growth, reflecting a strong mobile adoption trend in Northern Europe.
Future trends to watch for include the impact of 5G technology adoption and how it varies by country, potential market saturation points, and shifts towards newer communication technologies affecting subscription rates.
Top countries in Total Mobile Phone Subscriptions by Country
| # | 5 Countries | Units (Subscriptions) Per Hundred Persons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 191 | 2023 | +1.6% | +2% | View data |
| 2 | 2 Greenland | 124 | 2023 | +1.64% | +2.06% | View data |
| 3 | 3 Iceland | 123 | 2023 | +1.65% | +1.01% | View data |
| 4 | 4 Norway | 110.4 | 2023 | +0.55% | +0.55% | View data |
| 5 | 5 Faroe Islands | 110.3 | 2023 | +0.36% | -0.23% | View data |