Research Article
Grey Weighted Sum Model for Evaluating Business Environment in West Africa
Table 3
GWSM rankings for the year 2008 to the year 2015.
| Index () | Countries | | | | (%) | Rankings |
| 1 | Benin | 0.5301 | 0.4157 | 0.3097 | 89.06 | 11 | 2 | Burkina Faso | 0.4796 | 0.3910 | 0.2921 | 84 | 14 | 3 | Cameroon | 0.4951 | 0.3812 | 0.3063 | 88.09 | 12 | 4 | Cape Verde | 0.5712 | 0.4040 | 0.3405 | 97.91 | 2 | 5 | Chad | 0.4281 | 0.3620 | 0.2731 | 78.54 | 17 | 6 | Côte d’Ivoire | 0.5124 | 0.3839 | 0.3157 | 90.77 | 9 | 7 | Equatorial Guinea | 0.4987 | 0.3379 | 0.3302 | 94.95 | 4 | 8 | The Gambia | 0.5714 | 0.3914 | 0.3477 | 100 | 1 | 9 | Ghana | 0.5808 | 0.4239 | 0.3346 | 96.22 | 3 | 10 | Guinea | 0.5142 | 0.3669 | 0.3255 | 93.61 | 6 | 11 | Guinea-Bissau | 0.4604 | 0.3920 | 0.28 | 80.51 | 16 | 12 | Liberia | 0.507 | 0.3718 | 0.3185 | 91.59 | 7 | 13 | Mali | 0.5245 | 0.4206 | 0.3039 | 87.38 | 13 | 14 | Mauritania | 0.4953 | 0.3409 | 0.3265 | 93.88 | 5 | 15 | Niger | 0.4989 | 0.3778 | 0.3104 | 89.26 | 10 | 16 | Nigeria | 0.489 | 0.4495 | 0.2692 | 77.41 | 18 | 17 | Senegal | 0.515 | 0.4400 | 0.2884 | 82.93 | 15 | 18 | Sierra Leone | 0.4897 | 0.4533 | 0.2677 | 76.98 | 19 | 19 | Togo | 0.5165 | 0.3866 | 0.3168 | 91.11 | 8 |
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