Historical Year Data · 2003

France Credit-to-GDP Gap in 2003

France Credit-to-GDP Gap opened 2003 at 1.7 and closed at -1.2, a -170.59% move for the year. The high of 1.7 was reached on March 31, and the low of -1.2 on December 31.

Open

1.7

2003-01

-1.2

4 data points

High

1.7

Mar 31

Low

-1.2

Dec 31

Full Year Change

-170.59%

2002 Change

-55.88%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	1.7	1.7	1.7	1.7	+0.00%
Jun	1.6	1.6	1.6	1.6	+0.00%
Sep	0.5	0.5	0.5	0.5	+0.00%
Dec	-1.2	-1.2	-1.2	-1.2	+0.00%

Events During 2003

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.

Previous Year

← France Credit-to-GDP Gap in 2002

Next Year

France Credit-to-GDP Gap in 2004→