Paraguay - CCC

Debt/GDP = 0,17 (17%)
Accumulated deficit for last 5 years/budget income for last 5 years = -0,035 (surplus)
Years since last default = 9 (2003)
5-year inflation = 0,29 (29%)
Budget expences/GDP = 0,20
Trade deficit/GDP = 0,103
World GDP per capita/Country GDP per capita = 2,61
Political factor = 0,3
Crisis factor = 0,1
Other unique factors = 1,5 (too adventurous neighbours)

OVERALL CREDIT SCORE: 0,642 (64,2%). This responds to CCC.

Calculated with this (new) formula:

r = 10/{[1+(debt/GDP)] + [1+10*(accumulated deficit for last 5 years/budget income for last 5 years)] + [1 + (10/years since last default)] + [1+3*(accumulated of last 5 years inflation)] + [1+(budget expences/GDP)] + [1+ 10* (trade deficit/GDP)] + [world's GDP per capita/country's GDP per capita] + [1+political factor] + [1+crisis factor] + [Other unique factors]}
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