Historical Year Data · 1991

Germany Credit-to-GDP Gap in 1991

Germany Credit-to-GDP Gap opened 1991 at -7.6 and closed at -5.1, a +32.89% move for the year. The high of -5.1 was reached on December 31, and the low of -7.6 on March 31.

Open

-7.6

1991-01

-5.1

4 data points

High

-5.1

Dec 31

Low

-7.6

Mar 31

Full Year Change

+32.89%

1990 Change

-25.49%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-7.6	-7.6	-7.6	-7.6	+0.00%
Jun	-7.3	-7.3	-7.3	-7.3	+0.00%
Sep	-5.7	-5.7	-5.7	-5.7	+0.00%
Dec	-5.1	-5.1	-5.1	-5.1	+0.00%

Events During 1991

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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