Philippines - CC

Debt/GDP = 0,49 (49%)
Accumulated deficit for last 5 years/budget income for last 5 years = 0,13
Years since last default = 29 (1983)
5-year inflation = 0,23 (23%)
Budget expences/GDP = 0,166
Trade deficit/GDP = 0,064
World GDP per capita/Country GDP per capita = 3,86
Political factor = 0,3
Crisis factor = 0,1
Other unique factors = 1,8 (risky region, recent dictatorship)

OVERALL CREDIT SCORE: 0,562 (56,2%). This responds to CC.

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]}

 

Interesting sites: Добри Божилов