Historical Year Data · 1991

India Credit-to-GDP Gap in 1991

India Credit-to-GDP Gap opened 1991 at -3.2 and closed at -7, a -118.75% move for the year. The high of -3.2 was reached on March 31, and the low of -7 on September 30.

Open

-3.2

1991-01

-7

4 data points

High

-3.2

Mar 31

Low

-7

Sep 30

Full Year Change

-118.75%

1990 Change

-1400.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-3.2	-3.2	-3.2	-3.2	+0.00%
Jun	-5.2	-5.2	-5.2	-5.2	+0.00%
Sep	-7	-7	-7	-7	+0.00%
Dec	-7	-7	-7	-7	+0.00%

Events During 1991

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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