Historical Year Data · 2014

France Credit-to-GDP Gap in 2014

France Credit-to-GDP Gap opened 2014 at 2.7 and closed at 4.2, a +55.56% move for the year. The high of 4.2 was reached on September 30, and the low of 2.7 on March 31.

Open

2.7

2014-01

4.2

4 data points

High

4.2

Sep 30

Low

2.7

Mar 31

Full Year Change

+55.56%

2013 Change

-73.13%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	2.7	2.7	2.7	2.7	+0.00%
Jun	4	4	4	4	+0.00%
Sep	4.2	4.2	4.2	4.2	+0.00%
Dec	4.2	4.2	4.2	4.2	+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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