Scientific Journal of KubSAU

This work presents a new approach to the countries’ credit rating definition, based on the advanced mathematical models, such as neural network model, multiple regression, cluster analysis and discriminant analysis. A range of the analyses such as discriminant, cluster, multiple regression models and a neural network were performed on the following economic figures: GDP per capita, GDP value, annual growth rate of GDP, FDI - foreign investment, rate of unemployment, consumer price inflation index, the size of government debt in percentage of GDP. The results, obtained for each model were combined in the countries’ credit rating estimation system called "7M"