Historical Year Data · 1991

Italy Credit-to-GDP Gap in 1991

Italy Credit-to-GDP Gap opened 1991 at 8.7 and closed at 13, a +49.43% move for the year. The high of 13 was reached on December 31, and the low of 8.7 on March 31.

Open

8.7

1991-01

4 data points

High

Dec 31

Low

8.7

Mar 31

Full Year Change

+49.43%

1990 Change

+55.70%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	8.7	8.7	8.7	8.7	+0.00%
Jun	10.6	10.6	10.6	10.6	+0.00%
Sep	9.3	9.3	9.3	9.3	+0.00%
Dec	13	13	13	13	+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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