10 Most Globalized Economies in the World

4. Hong Kong
Global connections rank in 2011 (out of 139 countries): 1
Global connections rank in 2012 (out of 139 countries): 1

As one of the world's leading international financial centers, Hong Kong is a well established international financial market.

According to a report from Economist Intelligence Unit (EIU), Hong Kong is the country that has the highest level of globalization among 60 largest economies in the world for the second consecutive year.

Hong Kong is also the gateway for overseas investors to enter and to invest in mainland China.

5. Singapore
Global connections rank in 2011 (out of 139 countries): 2
Global connections rank in 2012 (out of 139 countries): 2

Singapore's total trade in 2000 amounted to S$373 billion. Despite its small size, Singapore is currently the fifteenth-largest trading partner of the United States.

Max Loh, Country Managing Partner at Ernst & Young LLP says, “Singapore’s main strength lies in its openness to trade, given its business-friendly environment with low and predictable tax rates, which enables the country to continue to draw in large amounts of foreign direct investments. Having said that, the relatively modest GDP growth in 2012 is a reflection of the negative impact that slackened demand growth in the U.S. and Eurozone has on the country’s trade-dependent economy.”

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