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Iceland - Export Market Penetration Index 3.4

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

Latest value

3.4 (2023)

Global rank

##71 of 167 economies

vs global median

0.9×

Growth since 1988

1.15×

Ranking Race — Export Market Penetration Index

1 = global #1 · higher value ranks higher

#1#13#25#37#49#61#7319881993199820032008201320182023#10#712020 overtook Nepal2022 overtook Georgia
IcelandUnited StatesGermanyItalyFrance

Real annual global ranks, 1988 - 2023. Iceland climbed from #10 to #71 (overtook Nepal). Gaps in a lane = missing data that year.

Key events for Iceland ↓

Key Events — Iceland

Auto-detected from rank data + curated milestones

2020
Overtook Nepal in global rank auto
2022
Overtook Georgia in global rank auto

Export Market Penetration Index, 1988-2023

World Bank WITS · index (0-100) · linear scale · ranking in the race above
198819982008201820232.282.673.053.44

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