Historical Year Data · 2006

Brazil Credit-to-GDP Gap in 2006

Brazil Credit-to-GDP Gap opened 2006 at -0.9 and closed at 2.2, a +344.44% move for the year. The high of 2.2 was reached on December 31, and the low of -0.9 on March 31.

Open

-0.9

2006-01

2.2

4 data points

High

2.2

Dec 31

Low

-0.9

Mar 31

Full Year Change

+344.44%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-0.9	-0.9	-0.9	-0.9	+0.00%
Jun	0.1	0.1	0.1	0.1	+0.00%
Sep	0.9	0.9	0.9	0.9	+0.00%
Dec	2.2	2.2	2.2	2.2	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

Next Year

Brazil Credit-to-GDP Gap in 2007→