Historical Year Data · 2016
China Credit-to-GDP Gap in 2016
China Credit-to-GDP Gap opened 2016 at 25.5 and closed at 15.9, a -37.65% move for the year. The high of 25.5 was reached on March 31, and the low of 15.9 on December 31.
Open
25.5
2016-01
Close
15.9
4 data points
High
25.5
Mar 31
Low
15.9
Dec 31
Full Year Change
-37.65%
2015 Change
+16.59%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Mar | 25.5 | 25.5 | 25.5 | 25.5 | +0.00% |
| Jun | 21.8 | 21.8 | 21.8 | 21.8 | +0.00% |
| Sep | 18.4 | 18.4 | 18.4 | 18.4 | +0.00% |
| Dec | 15.9 | 15.9 | 15.9 | 15.9 | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
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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