Historical Year Data · 2014

Real GDP in 2014

Real GDP opened 2014 at $18B and closed at $19B, a +3.04% move for the year. The high of $19B was reached on October 1, and the low of $18B on January 1.

Open

$18B

2014-01

$19B

4 data points

High

$19B

Oct 1

Low

$18B

Jan 1

Full Year Change

+3.04%

2013 Change

+2.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	$18B	$18B	$18B	$18B	+0.00%
Apr	$18B	$18B	$18B	$18B	+0.00%
Jul	$18B	$18B	$18B	$18B	+0.00%
Oct	$19B	$19B	$19B	$19B	+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.