Subscription App Revenue by Country: North America Earns 4-5x India and Southeast Asia
Subscription app revenue by country is deepest in North America and thinnest in India and Southeast Asia, by 4 to 5x on most axes (RevenueCat State of Subscription Apps 2026, 115,000 apps). On year-one value per payer, developers headquartered in North America earn $32 against a $23 global median and $14 in India and Southeast Asia (2.3x), with Western Europe at $25. Measured by the user's region, the install-side gaps are wider. D35 download-to-paid runs 2.8% in North America (P90 10.9%), 2.4% in Asia-Pacific, 2.0% globally, and 0.7% in India and Southeast Asia, a 4x gap top to bottom. Revenue per install is the widest gap of all: North America earns $0.38 at D14 and $0.55 at D60 (P90 $3.19) against $0.08 and $0.11 in India and Southeast Asia, roughly 5x. The funnel is thinner at the top too. Download-to-trial is 7.1% in North America, 5.7% in Asia-Pacific, 5.0% in Western Europe, and 3.0% to 3.7% across India and Southeast Asia, LATAM, MEA, and the rest of the world. The one reversal is growth: LATAM posts the highest median MRR growth of any developer region (+17.2%) while MEA is the only negative median (-9.7%). The strategic read: where your installs come from sets your revenue ceiling before your funnel does, so weight paid acquisition toward high-RPI regions, treat LATAM as the growth bet, and localize the paywall for each market you keep.
The short answer: North America is deepest, India and Southeast Asia thinnest, by 4 to 5x
Subscription app revenue by country is deepest in North America and thinnest in India and Southeast Asia. The gap runs 4 to 5x on most axes (RevenueCat State of Subscription Apps 2026, 115,000 apps). North American developers earn $32 of year-one value per payer. India and Southeast Asia earn $14, which is 2.3x less. The global median sits at $23 and Western Europe at $25.
The install-side gaps are wider still. North America converts 2.8% of downloads to paid by D35 against 0.7% in India and Southeast Asia, and it earns roughly 5x the revenue per install. One region is the exception on growth, not depth: LATAM posts the fastest median growth of any developer region. We walk each axis below.
Revenue per payer: North America earns $32, India and Southeast Asia $14
Year-one revenue per payer (RLTV) is the cleanest measure of what a paying user is worth. By the developer's headquarters, North America leads at $32, about 40% above the $23 global median (RevenueCat SOSA 2026). India and Southeast Asia sit at $14, so a North American payer is worth 2.3x an India-or-Southeast-Asia one. Western Europe lands at $25, just above the global line.
This axis is measured by where the developer is based, not where the user is, so read it as a proxy for the markets a developer sells into. It tracks the same shape as overall app economics: a thin top tail earns most of the money. For the full distribution of what apps make, see how much money subscription apps make.
Conversion by geography: 2.8% in North America, 0.7% in India and Southeast Asia
Download-to-paid at D35 is the share of installs that become payers within 35 days. By the user's region, North America leads at 2.8% (P90 10.9%), then Asia-Pacific at 2.4%, the global median at 2.0%, and India and Southeast Asia at 0.7% (RevenueCat SOSA 2026). That's a 4x gap between the top and bottom regions.
The P90 of 10.9% in North America matters as much as the median. It says the ceiling in a rich market is high, so the same funnel that converts 2.8% at the median can convert far more with strong execution. In a 0.7%-median market, the same execution has far less room to work with.
Revenue per install by geography: the widest gap, roughly 5x
Revenue per install (RPI) folds conversion and price into one number: dollars earned per download. By geography it shows the widest regional gap in the report. North America earns $0.38 per install at D14 and $0.55 at D60, with a P90 of $3.19 (RevenueCat SOSA 2026). India and Southeast Asia earn $0.08 at D14 and $0.11 at D60. That's roughly 5x, and it's the number that sets your paid-acquisition math.
RPI is what you can afford to pay for a user. If a North American install returns $0.55 by D60 and an India-or-Southeast-Asia install returns $0.11, the cost-per-install you can bid differs by 5x before your funnel changes anything. Category stacks on top of geography here. For the category view, see revenue per install by app category.
The gap starts at the top: download-to-trial by region
The regional gap isn't only at the payment step. It starts at the trial. Download-to-trial is 7.1% in North America, 5.7% in Asia-Pacific, and 5.0% in Western Europe (RevenueCat SOSA 2026). India and Southeast Asia, LATAM, MEA, and the rest of the world all cluster between 3.0% and 3.7%. Fewer users in thin markets even start a trial.
Then the same regions convert those trials at different rates. North America turns 34.2% of trials into paid subscriptions; India and Southeast Asia turn 15.2% (RevenueCat SOSA 2026). The gap compounds at every step, so a weaker install-to-trial rate meets a weaker trial-to-paid rate and the totals diverge fast. For the by-category view of that step, see trial-to-paid conversion benchmarks.
The one reversal: LATAM grows fastest, MEA shrinks
Depth today and growth tomorrow are different rankings, and this is where the map flips. By developer headquarters, LATAM posts the highest median MRR growth of any region, +17.2% (RevenueCat SOSA 2026). MEA is the only region with a negative median, -9.7%. So the regions with the thinnest revenue today are not a single block.
This is the deciding variable for anyone choosing where to expand. North America is the depth play: highest per-payer value, highest conversion, highest RPI. LATAM is the momentum play: low revenue per user today, but the fastest-growing median. Neither reading is wrong. They answer different questions, and a market you enter for growth needs a longer payback horizon than one you enter for depth.
Point acquisition at the money before you tune the funnel
Where your installs come from sets your revenue ceiling before your funnel does. A perfect funnel on $0.11 installs still loses to an average funnel on $0.55 installs, so the first growth lever is often geographic, not mechanical.
If you're building those market-specific flows with an AI coding agent, tasu's MCP is the conversion-expertise layer it calls while it builds: the geography benchmarks above, with sources, on tap in your editor.
- Weight paid acquisition toward high-RPI regions. North America returns about 5x the revenue per install of India and Southeast Asia, so it can carry a 5x higher cost-per-install before the math breaks
- Read a cheap install market as a growth bet, not a revenue bet. LATAM's +17.2% median growth is the reason to be there; the low RPI is the reason to cap spend until it climbs
- Own more of your distribution so you're not only renting installs from the store auction. The web-to-app funnel is how top-tier apps do it
- Once you know which markets you're keeping, stop shipping one global paywall. Localizing the paywall by country beat a one-size design by 20% in Japan and lifted trial starts 30% in LATAM in the same dataset
FAQ
What does subscription app revenue by country look like?
Subscription app revenue by country is deepest in North America and thinnest in India and Southeast Asia, by 4 to 5x on most axes (RevenueCat State of Subscription Apps 2026, 115,000 apps). North America earns $32 of year-one value per payer against $14 in India and Southeast Asia, converts 2.8% of downloads to paid at D35 against 0.7%, and earns $0.55 per install at D60 against $0.11. The global median RLTV per payer is $23; Western Europe is $25.
Where do subscription apps make the most money by region?
North America, on every depth axis in RevenueCat's 2026 data. It leads year-one value per payer ($32 vs a $23 global median), D35 download-to-paid (2.8%, P90 10.9%), revenue per install ($0.55 at D60, P90 $3.19), and download-to-trial (7.1%). Western Europe is a step behind ($25 per payer, 5.0% download-to-trial), and India and Southeast Asia trail every measure.
Which region has the fastest-growing subscription app revenue?
LATAM. By developer headquarters, it posts the highest median MRR growth of any region at +17.2% (RevenueCat SOSA 2026), even though its revenue depth today sits with the thin markets. MEA is the only region with a negative median, -9.7%. Depth and growth are different rankings, so the richest region today is not the fastest-growing one.
Why is revenue per install so much lower in India and Southeast Asia?
Because the gap compounds at every funnel step. In India and Southeast Asia, download-to-trial is 3.0% to 3.7% (vs 7.1% in North America), trial-to-paid is 15.2% (vs 34.2%), and D35 download-to-paid is 0.7% (vs 2.8%). Fewer trials, converting at lower rates, at lower prices, land revenue per install at $0.08 (D14) and $0.11 (D60) against North America's $0.38 and $0.55, roughly 5x (RevenueCat SOSA 2026).
Sources
- RevenueCat, State of Subscription Apps 2026 (115,000 apps, $16B revenue): RLTV per payer by developer HQ, D35 download-to-paid by geography, RPI by geography, download-to-trial by geography, trial-to-paid by geography, MRR growth by developer HQ
- tasu brain: benchmarks/revenue-economics (RLTV and RPI by geography), benchmarks/funnel-conversion (download-to-trial, download-to-paid, trial-to-paid by geography)
Every claim above carries its source and its date. tasu serves the same knowledge over MCP, inside Claude Code and Cursor. Ask while you build.