Debt/GDP = 1,30 (130%)
Accumulated deficit for last 5
years/budget income for last 5 years = 0,028
Years since last default = 68
(Independent since 1944)
5-year inflation =
0,35 (35%)
Budget expences/GDP = 0,48
Trade deficit/GDP = -0,057 (Iceland
has a trade surplus)
World GDP per capita/Country GDP per capita =
0,20
Political factor = 0
Crisis factor = 0
Other unique factors = 1,1 (some financial pressure from abroad)
OVERALL CREDIT SCORE: 0,833 (83,3%). This responds to A.
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]}