Historical Year Data · 2009

Korea Credit-to-GDP Gap in 2009

Korea Credit-to-GDP Gap opened 2009 at 11.2 and closed at 10.7, a -4.46% move for the year. The high of 12.4 was reached on June 30, and the low of 10.7 on December 31.

Open

11.2

2009-01

10.7

4 data points

High

12.4

Jun 30

Low

10.7

Dec 31

Full Year Change

-4.46%

2008 Change

+354.55%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	11.2	11.2	11.2	11.2	+0.00%
Jun	12.4	12.4	12.4	12.4	+0.00%
Sep	12.4	12.4	12.4	12.4	+0.00%
Dec	10.7	10.7	10.7	10.7	+0.00%

Events During 2009

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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