Historical Year Data · 2003

UK Credit-to-GDP Gap in 2003

UK Credit-to-GDP Gap opened 2003 at 9.7 and closed at 7.6, a -21.65% move for the year. The high of 10.5 was reached on June 30, and the low of 7.6 on December 31.

Open

9.7

2003-01

7.6

4 data points

High

10.5

Jun 30

Low

7.6

Dec 31

Full Year Change

-21.65%

2002 Change

+31.07%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	9.7	9.7	9.7	9.7	+0.00%
Jun	10.5	10.5	10.5	10.5	+0.00%
Sep	9.5	9.5	9.5	9.5	+0.00%
Dec	7.6	7.6	7.6	7.6	+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.

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