Macedonia - CC

Debt/GDP = 0,28 (28%)
Accumulated deficit for last 5 years/budget income for last 5 years = 0,037
Years since last default = 21  (Independent since 1991)
5-year inflation = 0,15 (15%)
Budget expences/GDP = 0,34
Trade deficit/GDP = 0,26
World GDP per capita/Country GDP per capita = 1,87
Political factor = 0,2
Crisis factor = 0,4 (Involved in Afghanistan war)
Other unique factors = 2 (Very unstable, problems with all neighbours, always at the edge of civil ethnic war)

OVERALL CREDIT SCORE: 0,588 (58,8%). This responds to CC.

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]}

Interesting sites: Добри Божилов