Research Article

Sovereign Credit Risk Assessment with Multiple Criteria Using an Outranking Method

Table 1

Criteria selected for the model and their preference direction.

CRITERIA FOR THE MODEL

1GDP per capita (current US$)Increasing

2Exports of goods and services (% of GDP)Increasing

3Gross savings (% of GDP)Increasing

4Foreign direct investment, net inflows (BoP, current US$)Increasing

5GDP at market prices (current US$)Increasing

6Total reserves (includes gold, current US$)Increasing

7GNI per capita, Atlas method (current US$)Increasing

8Lending interest rate (%)Decreasing

9Real interest rate (%)Decreasing