Historical Year Data · 1996

Italy Credit-to-GDP Gap in 1996

Italy Credit-to-GDP Gap opened 1996 at 2.3 and closed at 1.5, a -34.78% move for the year. The high of 2.3 was reached on March 31, and the low of 0.8 on September 30.

Open

2.3

1996-01

1.5

4 data points

High

2.3

Mar 31

Low

0.8

Sep 30

Full Year Change

-34.78%

1995 Change

-26.42%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	2.3	2.3	2.3	2.3	+0.00%
Jun	2	2	2	2	+0.00%
Sep	0.8	0.8	0.8	0.8	+0.00%
Dec	1.5	1.5	1.5	1.5	+0.00%

Events During 1996

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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