Historical Year Data · 2003

Canada Credit-to-GDP Gap in 2003

Canada Credit-to-GDP Gap opened 2003 at -3.8 and closed at -5, a -31.58% move for the year. The high of -3.8 was reached on March 31, and the low of -5 on December 31.

Open

-3.8

2003-01

-5

4 data points

High

-3.8

Mar 31

Low

-5

Dec 31

Full Year Change

-31.58%

2002 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-3.8	-3.8	-3.8	-3.8	+0.00%
Jun	-4	-4	-4	-4	+0.00%
Sep	-4.6	-4.6	-4.6	-4.6	+0.00%
Dec	-5	-5	-5	-5	+0.00%

Events During 2003

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

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