Africa
Botswana - BB
Debt/GDP = 0,20 (20%)Accumulated deficit for last 5 years/budget income for last 5 years = 0,064
Years since last default = 46 (independent since 1966)
5-year inflation = 0,38 (38%)
Budget expences/GDP = 0,37
Trade deficit/GDP = -0,005 (surplus)
World GDP per capita/Country GDP per capita = 1
Political factor = 0,2
Crisis factor = 0,5 (Healthcare disaster with AIDS)
Other unique factors = 1,8
OVERALL CREDIT SCORE: 0,707 (70,7%). This responds to BB.
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]}
