Germany - AAA

Debt/GDP = 0,81 (81%) Accumulated deficit for last 5 years/budget income for last 5 years = 0,041 Years since last default = 67 (Losing the WW2 is de facto a default of Germany in 1945) 5-year inflation = 0,08 (8%) Budget expences/GDP = 0,45 Trade deficit/GDP = -0,056 (Germany has a trade surplus) World GDP per capita/Country GDP per capita = 0,19 Political factor = 0 Crisis factor = 0,4 (involved in current war - Afghanistan) Other unique factors = 1 OVERALL CREDIT SCORE: 0,901 (90,1%). This responds to AAA. 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]} ------------------------------------------- ------------------------------------------- The rating, calculated with the old formula: Debt/GDP = 0,79 (79%) Accumulated deficit for last 5 years/budget income for last 5 years = 0,042 Years since last default = 67 (Losing the WW2 is de facto a default of Germany in 1945) 5-year inflation = 0,08 (8%) Budget expences/GDP = 0,46 Trade deficit/GDP = -0,048 (Germany has a trade surplus) Political factor = 0 Crisis factor = 0,4 (Involved in Afghanistan war) OVERALL CREDIT SCORE: 0,814 (81,4%). This responds to A.

 

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