KOF Swiss Economic Institute, an organization that provides insights into the field of economic research, released its 2024 KOF Index of Globalization in which it ranks 215 nations based on three main dimensions of globalization, namely economic, social and political for the period spanning between the years 1970 and 2022. In details, economic globalization covers both trade flows as well as financial flows, whereas social globalization comprises interpersonal contact, flows of information and cultural proximity. The dimension of political globalization takes into consideration the number of embassies and international non-governmental organizations (NGOs), along with participation in UN peacekeeping missions, and memberships in international organizations and international treaties.

The Netherlands appeared to be the most globalized country in the world in the 2024 KOF Index of Globalization, enjoying the highest score of 89.72, closely followed by Switzerland (score: 89.58), Belgium (score: 88.90), the United Kingdom (score: 87.95) and Germany (score: 87.69).

Regionally, the United Arab Emirates topped the list (global rank 37) with a Globalization Index score of 77.49, followed by Qatar (score: 73.83; global rank: 44) and Jordan (score: 73.25; global rank: 46). On the local front, Lebanon ranked 61^st in the world in the 2024 KOF Index of Globalization with a score of 69.13, losing 1 position from the 2023 KOF Index results when it scored 68.83. Lebanon came in 7^th among its Middle Eastern and North African counterparts, followed by Tunisia (score: 67.83; global rank: 66) and Saudi Arabia (score: 67.09; global rank: 68) only to name a few. More specifically, Lebanon scored 74.45 in economic globalization (global rank: 38), 65.50 in social globalization (global rank: 99) and 67.19 in political globalization (global rank: 101).