Historical Year Data · 1991

France Credit-to-GDP Gap in 1991

France Credit-to-GDP Gap opened 1991 at 13.3 and closed at 13.7, a +3.01% move for the year. The high of 13.7 was reached on December 31, and the low of 12.7 on September 30.

Open

13.3

1991-01

13.7

4 data points

High

13.7

Dec 31

Low

12.7

Sep 30

Full Year Change

+3.01%

1990 Change

+38.78%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	13.3	13.3	13.3	13.3	+0.00%
Jun	13.3	13.3	13.3	13.3	+0.00%
Sep	12.7	12.7	12.7	12.7	+0.00%
Dec	13.7	13.7	13.7	13.7	+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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