## Tanzania - D

Debt/GDP = 0,36 (36%)
Accumulated deficit for last 5 years/budget income for last 5 years = 0,41
Years since last default = 58 (country existing since 1964)
5-year inflation = 0,56 (56%)
Budget expences/GDP = 0,27
World GDP per capita/Country GDP per capita = 16
Political factor = 0,3
Crisis factor = 0,3
Other unique factors = 2 (too risky and poor region)

OVERALL CREDIT SCORE: 0,289 (28,9%). This responds to D.

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]}

## Rwanda - D

 Debt/GDP = 0,23 (23%)Accumulated deficit for last 5 years/budget income for last 5 years = 0,0438 Years since last default = 17 (1995)5-year inflation = 0,40 (40%)Budget expences/GDP = 0,28Trade deficit/GDP = 0,169 World GDP per capita/Country GDP per capita = 15,19Political factor = 0,3Crisis factor = 0,5 (a sleeping civil war) Other unique factors = 2 (generally too unstable and risky, genocide happened in 1994)OVERALL CREDIT SCORE: 0,328 (32,8%). This responds to D. 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]}

## Namibia - B

Debt/GDP = 0,27 (27%)
Accumulated deficit for last 5 years/budget income for last 5 years = 0,054
Years since last default = 21 (Independent since 1991)
5-year inflation = 0,34 (34%)
Budget expences/GDP = 0,40
World GDP per capita/Country GDP per capita = 1,44
Political factor = 0,3
Crisis factor = 0,1
Other unique factors = 1,8 (Generally dangerous region with too much risky neigbour-countries)

OVERALL CREDIT SCORE: 0,669 (66,9%). This responds to B.

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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