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International outsourcing has gained its gravity and popularity in the modern international business operations. A country's degree of outsourcing involvement depends on both the economic and non-economic factors. In this study, we use five exogenous variables, namely, country risk, real growth of GDP, average hourly wage, tertiary education, and Internet access rate, to investigate economic impacts on the decisions of international outsourcing. Ninety-six countries, categorized into emerging and developed country groups based on their income level, are evaluated. Our empirical findings suggest that only three variables are statistically significant: tertiary education and Internet access rate in the emerging economies, and the average hourly wage in the developed nations. In the emerging markets, an increase in post-secondary education tends to attract less international outsourcing, while the Internet infrastructure advancement most likely draws more foreign investment. Higher average hourly wage, typically for the skilled and professional tasks in the developed markets, tends to attract more international outsourcers.