Historical Year Data · 2014

Korea Credit-to-GDP Gap in 2014

Korea Credit-to-GDP Gap opened 2014 at 0.2 and closed at 1.2, a +500.00% move for the year. The high of 1.2 was reached on December 31, and the low of -0.2 on June 30.

Open

0.2

2014-01

1.2

4 data points

High

1.2

Dec 31

Low

-0.2

Jun 30

Full Year Change

+500.00%

2013 Change

-85.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	0.2	0.2	0.2	0.2	+0.00%
Jun	-0.2	-0.2	-0.2	-0.2	+0.00%
Sep	1.1	1.1	1.1	1.1	+0.00%
Dec	1.2	1.2	1.2	1.2	+0.00%

Events During 2014

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.

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