Historical Year Data · 2014

China Credit-to-GDP Gap in 2014

China Credit-to-GDP Gap opened 2014 at 19.4 and closed at 18.6, a -4.12% move for the year. The high of 20.4 was reached on June 30, and the low of 18.6 on December 31.

Open

19.4

2014-01

18.6

4 data points

High

20.4

Jun 30

Low

18.6

Dec 31

Full Year Change

-4.12%

2013 Change

+6.17%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	19.4	19.4	19.4	19.4	+0.00%
Jun	20.4	20.4	20.4	20.4	+0.00%
Sep	18.9	18.9	18.9	18.9	+0.00%
Dec	18.6	18.6	18.6	18.6	+0.00%

Events During 2014

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.

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