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Armenia - Export Market Penetration Index 2.54

World Bank WITS · updated 2026-10-03 · 167 economies tracked

Latest value

2.54 (2023)

Global rank

##88 of 167 economies

vs global median

0.7×

Growth since 1997

1.71×

Ranking Race — Export Market Penetration Index

1 = global #1 · higher value ranks higher

#1#20#39#58#77#9619881993199820032008201320182023#99#882022 overtook Cameroon2023 overtook Nicaragua
ArmeniaUnited StatesGermanyItalyFrance

Real annual global ranks, 1988 - 2023. Armenia climbed from #99 to #88 (overtook Cameroon). Gaps in a lane = missing data that year.

Key events for Armenia ↓

Key Events — Armenia

Auto-detected from rank data + curated milestones

2022
Overtook Cameroon in global rank auto
2023
Overtook Nicaragua in global rank auto

Export Market Penetration Index, 1997-2023

World Bank WITS · index (0-100) · linear scale · ranking in the race above
19972007201720231.481.832.192.54

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