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Historical Year Data · 2014

Euro Area Credit-to-GDP Gap in 2014

Euro Area Credit-to-GDP Gap opened 2014 at -10.5 and closed at -10.2, a +2.86% move for the year. The high of -10.2 was reached on December 31, and the low of -11.1 on September 30.

Open
-10.5
2014-01
Close
-10.2
4 data points
High
-10.2
Dec 31
Low
-11.1
Sep 30
Full Year Change
+2.86%
2013 Change
-60.66%

Monthly Breakdown

MonthOpenCloseHighLowChange
Mar-10.5-10.5-10.5-10.5+0.00%
Jun-10.5-10.5-10.5-10.5+0.00%
Sep-11.1-11.1-11.1-11.1+0.00%
Dec-10.2-10.2-10.2-10.2+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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US Credit-to-GDP Gap
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China Credit-to-GDP Gap
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Japan Credit-to-GDP Gap
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UK Credit-to-GDP Gap
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Germany Credit-to-GDP Gap
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France Credit-to-GDP Gap
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