Geneva – Vietnam ups 30 places in the latest KOF index of globalisation ranking released by the Swiss Federal Institute of Technology in Zurich, Switzerland on April 20.
Based on 23 variables, the KOF Index of globalisation measures the economic, political and social dimensions of globalisation of 187 countries and territories with data available from 1970 to 2014.
The Netherlands tops the list, followed by Ireland and Belgium. Switzerland is in fifth place.
The world’s major economies are more inward – looking and tend to occupy lower ranks on the index list. The US, the world’s largest economy, ranks 27th, while China is 71st, Japan 39th, and Germany 16th.
Solomon Islands remains the least globalised country in the world.
Photo: CBR Investment AG