Financial Innovation

Table 8 Spearman’s rank rho correlations between GDP per capita and scores produced by (different normalized) CODAS methods

From: A comprehensive MCDM assessment for economic data: success analysis of maximum normalization, CODAS, and fuzzy approaches

	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	*Mean*
MAX	0.728	0.701	0.754	0.767	0.739	0.742	0.751	0.772	0.744	0.802	0.75
RANK Based	0.641	0.649	0.697	0.679	0.658	0.639	0.607	0.633	0.622	0.666	0.649
VECTOR	0.463	0.643	0.715	0.614	0.681	0.63	0.677	0.663	0.703	0.616	0.640
SUM	0.492	0.569	0.639	0.639	0.654	0.605	0.667	0.642	0.637	0.602	0.614
MİN–MAX	0.383	0.428	0.43	0.416	0.489	0.507	0.475	0.577	0.569	0.651	0.492

Italic values indicate core results in comparing to other elements of table

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