## Qatar - AAA

Debt/GDP = 0,089 (8,9%)
Accumulated deficit for last 5 years/budget income for last 5 years = -0,24 (Surplus)
Years since last default = 41 (Independent since 1971)
5-year inflation = 0,19 (19%)
Budget expences/GDP = 0,21
World GDP per capita/Country GDP per capita = 0,089
Political factor = 0,4
Crisis factor = 0,2
Other unique factors = 1,8 (risky region, radical islamists, civil unrest)

OVERALL CREDIT SCORE: 2,17 (217%). This responds to AAA.

(This is one of the very rare cases with a rating above 100%. This is not strange, it is real. Qatar has an enormous trade and budget surplus, so it is a dream-debtor. Generally this rating means that it is good to lend money to a rich petrol country...)
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Calculated with this 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]}