Historical Year Data · 2001

Korea Credit-to-GDP Gap in 2001

Korea Credit-to-GDP Gap opened 2001 at -18.2 and closed at -17.5, a +3.85% move for the year. The high of -16.4 was reached on September 30, and the low of -18.4 on June 30.

Open

-18.2

2001-01

-17.5

4 data points

High

-16.4

Sep 30

Low

-18.4

Jun 30

Full Year Change

+3.85%

2000 Change

-45.45%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-18.2	-18.2	-18.2	-18.2	+0.00%
Jun	-18.4	-18.4	-18.4	-18.4	+0.00%
Sep	-16.4	-16.4	-16.4	-16.4	+0.00%
Dec	-17.5	-17.5	-17.5	-17.5	+0.00%

Events During 2001

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.

1998 Euro Launch & 1999 Introduction

Goldilocks

May 1998 – January 2002

Eleven European Union members locked exchange rates on January 1, 1999, creating the euro as a virtual currency. Physical notes and coins circulated from January 1, 2002. The euro became the largest monetary experiment since Bretton Woods.

2000 Dotcom Crash

Deflation

March 2000 – October 2002

The Nasdaq Composite peaked at 5,048 on March 10, 2000 and fell 78% over 31 months. Internet companies went bankrupt en masse. The crash reshaped venture capital, corporate governance, and accounting standards.

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