Historical Year Data · 2006

India Credit-to-GDP Gap in 2006

India Credit-to-GDP Gap opened 2006 at 21.03 and closed at 18.59, a -11.56% move for the year. The high of 21.03 was reached on March 31, and the low of 18.12 on June 30.

Open

21.03

2006-01

18.59

4 data points

High

21.03

Mar 31

Low

18.12

Jun 30

Full Year Change

-11.56%

2005 Change

+30.20%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	21.03	21.03	21.03	21.03	+0.00%
Jun	18.12	18.12	18.12	18.12	+0.00%
Sep	19.98	19.98	19.98	19.98	+0.00%
Dec	18.59	18.59	18.59	18.59	+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.

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Related Metrics

US Credit-to-GDP Gap

2006

China Credit-to-GDP Gap

2006

Japan Credit-to-GDP Gap

2006

Euro Area Credit-to-GDP Gap

2006

UK Credit-to-GDP Gap

2006

Germany Credit-to-GDP Gap

2006

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Historical Year Data · 2006

India Credit-to-GDP Gap in 2006

India Credit-to-GDP Gap opened 2006 at 21.03 and closed at 18.59, a -11.56% move for the year. The high of 21.03 was reached on March 31, and the low of 18.12 on June 30.