Togo - D

Debt/GDP = 0,18 (18%) Accumulated deficit for last 5 years/budget income for last 5 years = 0,09 Years since last default = 63 (independent since 1960) 5-year inflation = -0,05 (-5% - this is a deflaton) Budget expences/GDP = 0,25 Trade deficit/GDP = 0,14 World GDP per capita/Country GDP per capita = 15,6 Political factor = 0,3 Crisis factor = 0,1 Other unique factors = 2 (too risky and unstable region with high poverty) OVERALL CREDIT SCORE: 0,361 (73,4%). 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]}

 

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