Historical Year Data · 1996

Spain Credit-to-GDP Gap in 1996

Spain Credit-to-GDP Gap opened 1996 at -4.4 and closed at -2.9, a +34.09% move for the year. The high of -2.9 was reached on December 31, and the low of -4.4 on March 31.

Open

-4.4

1996-01

-2.9

4 data points

High

-2.9

Dec 31

Low

-4.4

Mar 31

Full Year Change

+34.09%

1995 Change

-78.95%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-4.4	-4.4	-4.4	-4.4	+0.00%
Jun	-3.5	-3.5	-3.5	-3.5	+0.00%
Sep	-4	-4	-4	-4	+0.00%
Dec	-2.9	-2.9	-2.9	-2.9	+0.00%

Events During 1996

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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