Historical Year Data · 2003

France Credit-to-GDP Gap in 2003

France Credit-to-GDP Gap opened 2003 at 1.75 and closed at -1.18, a -167.43% move for the year. The high of 1.75 was reached on March 31, and the low of -1.18 on December 31.

Open

1.75

2003-01

-1.18

4 data points

High

1.75

Mar 31

Low

-1.18

Dec 31

Full Year Change

-167.43%

2002 Change

-56.74%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	1.75	1.75	1.75	1.75	+0.00%
Jun	1.55	1.55	1.55	1.55	+0.00%
Sep	0.53	0.53	0.53	0.53	+0.00%
Dec	-1.18	-1.18	-1.18	-1.18	+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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Historical Year Data · 2003

France Credit-to-GDP Gap in 2003

France Credit-to-GDP Gap opened 2003 at 1.75 and closed at -1.18, a -167.43% move for the year. The high of 1.75 was reached on March 31, and the low of -1.18 on December 31.