Historical Year Data · 1993

Canada Credit-to-GDP Gap in 1993

Canada Credit-to-GDP Gap opened 1993 at 9 and closed at 6.5, a -27.78% move for the year. The high of 9 was reached on March 31, and the low of 6.5 on December 31.

Open

1993-01

6.5

4 data points

High

Mar 31

Low

6.5

Dec 31

Full Year Change

-27.78%

1992 Change

-17.31%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	9	9	9	9	+0.00%
Jun	8	8	8	8	+0.00%
Sep	8	8	8	8	+0.00%
Dec	6.5	6.5	6.5	6.5	+0.00%

Events During 1993

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

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