Historical Year Data · 1993

Japan Credit-to-GDP Gap in 1993

Japan Credit-to-GDP Gap opened 1993 at 5.3 and closed at 5.9, a +11.32% move for the year. The high of 5.9 was reached on December 31, and the low of 4.5 on June 30.

Open

5.3

1993-01

5.9

4 data points

High

5.9

Dec 31

Low

4.5

Jun 30

Full Year Change

+11.32%

1992 Change

-10.53%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	5.3	5.3	5.3	5.3	+0.00%
Jun	4.5	4.5	4.5	4.5	+0.00%
Sep	5.1	5.1	5.1	5.1	+0.00%
Dec	5.9	5.9	5.9	5.9	+0.00%

Events During 1993

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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