24Peaks / South America / Argentina / Export Market Penetration Index

Argentina - Export Market Penetration Index 6.25

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

Latest value

6.25 (2023)

Global rank

##51 of 167 economies

vs global median

1.7×

Growth since 1993

1.69×

Ranking Race — Export Market Penetration Index

1 = global #1 · higher value ranks higher

#1#9#17#25#33#41#4919881993199820032008201320182023#28#512005 overtook Romania2022 overtook Luxembourg
ArgentinaUnited StatesGermanyItalyFrance

Real annual global ranks, 1988 - 2023. Argentina climbed from #28 to #51 (overtook Romania). Gaps in a lane = missing data that year.

Key events for Argentina ↓

Key Events — Argentina

Auto-detected from rank data + curated milestones

1989
Hyperinflation curated

Prices spiral out of control before convertibility plan.

2001
Sovereign default curated

Largest default in history; peso peg abandoned.

2003
Commodity boom rebound curated

Strong recovery driven by commodity exports.

2005
Overtook Romania in global rank auto
2018
Currency crisis curated

IMF bailout as the peso loses half its value.

2022
Overtook Luxembourg in global rank auto

Export Market Penetration Index, 1993-2023

World Bank WITS · index (0-100) · linear scale · ranking in the race above
19932003201320233.75.036.377.71

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