Historical Year Data · 1993

India Credit-to-GDP Gap in 1993

India Credit-to-GDP Gap opened 1993 at -3.5 and closed at -7.4, a -111.43% move for the year. The high of -3.5 was reached on March 31, and the low of -7.6 on September 30.

Open

-3.5

1993-01

-7.4

4 data points

High

-3.5

Mar 31

Low

-7.6

Sep 30

Full Year Change

-111.43%

1992 Change

+25.81%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-3.5	-3.5	-3.5	-3.5	+0.00%
Jun	-5.1	-5.1	-5.1	-5.1	+0.00%
Sep	-7.6	-7.6	-7.6	-7.6	+0.00%
Dec	-7.4	-7.4	-7.4	-7.4	+0.00%

Events During 1993

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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