Historical Year Data · 2006

Italy Current Account (% GDP, WEO) in 2006

Italy Current Account (% GDP, WEO) opened 2006 at -1.45% and closed at -1.45%, a +0.00% move for the year. The high of -1.45% was reached on December 31, and the low of -1.45% on December 31.

Open

-1.45%

2006-01

-1.45%

1 data points

High

-1.45%

Dec 31

Low

-1.45%

Dec 31

Full Year Change

+0.00%

2005 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Dec	-1.45%	-1.45%	-1.45%	-1.45%	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

Previous Year

← Italy Current Account (% GDP, WEO) in 2005

Next Year

Italy Current Account (% GDP, WEO) in 2007→