Historical Year Data · 2016
Germany Credit-to-GDP Gap in 2016
Germany Credit-to-GDP Gap opened 2016 at -9.2 and closed at -6.5, a +29.35% move for the year. The high of -6.5 was reached on December 31, and the low of -9.2 on March 31.
Open
-9.2
2016-01
Close
-6.5
4 data points
High
-6.5
Dec 31
Low
-9.2
Mar 31
Full Year Change
+29.35%
2015 Change
+12.71%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Mar | -9.2 | -9.2 | -9.2 | -9.2 | +0.00% |
| Jun | -8.3 | -8.3 | -8.3 | -8.3 | +0.00% |
| Sep | -7.1 | -7.1 | -7.1 | -7.1 | +0.00% |
| Dec | -6.5 | -6.5 | -6.5 | -6.5 | +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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