Historical Year Data · 2014

Mexico Credit-to-GDP Gap in 2014

Mexico Credit-to-GDP Gap opened 2014 at 5.8 and closed at 6.2, a +6.90% move for the year. The high of 6.2 was reached on December 31, and the low of 5.7 on June 30.

Open

5.8

2014-01

6.2

4 data points

High

6.2

Dec 31

Low

5.7

Jun 30

Full Year Change

+6.90%

2013 Change

+66.67%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	5.8	5.8	5.8	5.8	+0.00%
Jun	5.7	5.7	5.7	5.7	+0.00%
Sep	5.7	5.7	5.7	5.7	+0.00%
Dec	6.2	6.2	6.2	6.2	+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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