Historical Year Data · 2014

India Credit-to-GDP Gap in 2014

India Credit-to-GDP Gap opened 2014 at -10.9 and closed at -9.3, a +14.68% move for the year. The high of -9.3 was reached on December 31, and the low of -12.1 on June 30.

Open

-10.9

2014-01

-9.3

4 data points

High

-9.3

Dec 31

Low

-12.1

Jun 30

Full Year Change

+14.68%

2013 Change

-311.54%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-10.9	-10.9	-10.9	-10.9	+0.00%
Jun	-12.1	-12.1	-12.1	-12.1	+0.00%
Sep	-11.1	-11.1	-11.1	-11.1	+0.00%
Dec	-9.3	-9.3	-9.3	-9.3	+0.00%

Events During 2014

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.

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