Attracting foreign investment is essential for the competitiveness and
prosperity of nations. When deciding where to invest, an investor may be
interested in considering specific criteria for investing or doing business
and preferences for those criteria. In the same way, when evaluating the
situation of a country to attract investment, consider different aspects to
determine its ease of doing business. The MultiCriteria Decision-Making
(MCDM) methodology is suitable for evaluating nations according to their
ease of doing business due to the multifactorial elements of each nation.
This work applied the ELECTRE-III method; it evaluated 190 nations based on
the decision-maker?s preferences, giving different importance to the ten
criteria considered in the World Bank?s Doing Business 2020 study. The
results with this methodology show better-positioned nations in the ranking
compared to the report presented by the World Bank Group.