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Multi-label learning in graph-based relational data has gained popularity in recent years due to the increasingly complex structures of real world applications. Collective Classification deals with the simultaneous classification of neighboring instances in relational data, until a convergence criterion is reached. The rationale behind collective classification stems from the fact that an entity in a network (or relational data) is most likely influenced by the neighboring entities, and can be classified accordingly, based on the class assignment of the neighbors. Although extensive work has been done on collective classification of single labeled data, the domain of multi-labeled relational data has not been sufficiently explored. In this paper, we propose a neighborhood ranking method for multi-label classification, which can be further used in the Multi-label Collective Classification framework. We test our methods on real world datasets and also discuss the relevance of our approach for other multi-labeled relational data. Our experimental results show that the use of ranking in neighborhood selection for collective classification improves the performance of the classifier.