Historical Year Data · 2014

Nominal GDP in 2014

Nominal GDP opened 2014 at $17B and closed at $18B, a +4.15% move for the year. The high of $18B was reached on October 1, and the low of $17B on January 1.

Open

$17B

2014-01

$18B

4 data points

High

$18B

Oct 1

Low

$17B

Jan 1

Full Year Change

+4.15%

2013 Change

+3.27%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	$17B	$17B	$17B	$17B	+0.00%
Apr	$18B	$18B	$18B	$18B	+0.00%
Jul	$18B	$18B	$18B	$18B	+0.00%
Oct	$18B	$18B	$18B	$18B	+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.

Previous Year

← Nominal GDP in 2013

Next Year

Nominal GDP in 2015→