The level of globalisation of a country can be judged from the following:
(i) Share of foreign trade (both imports and exports) in national income.
(ii) Foreign investment as a proportion of total investment in the country.
(iii) International investment income flows (both inward and outward) as a proportion of total investment in the economy.
(iv) Foreign exchange transaction as a proportion of the total value of transactions in the economy.
(v) International tourism traffic as a proportion of total population of the country.
(vi) Emigrant and immigrant population as a proportion of total population in the country.
(vii) Share of foreign remittances (inward as well as outward).
(viii) Value of credits and debits to Balance of payments as a proportion of national income.
(ix) The share of domestic output of foreign multinationals and foreign output of domestic multinationals in the country’s national income.