Historical Year Data · 2003

Italy Credit-to-GDP Gap in 2003

Italy Credit-to-GDP Gap opened 2003 at 7.56 and closed at 8.77, a +16.07% move for the year. The high of 8.77 was reached on December 31, and the low of 7.34 on September 30.

Open

7.56

2003-01

8.77

4 data points

High

8.77

Dec 31

Low

7.34

Sep 30

Full Year Change

+16.07%

2002 Change

+4.07%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	7.56	7.56	7.56	7.56	+0.00%
Jun	8.23	8.23	8.23	8.23	+0.00%
Sep	7.34	7.34	7.34	7.34	+0.00%
Dec	8.77	8.77	8.77	8.77	+0.00%

Events During 2003

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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Historical Year Data · 2003

Italy Credit-to-GDP Gap in 2003

Italy Credit-to-GDP Gap opened 2003 at 7.56 and closed at 8.77, a +16.07% move for the year. The high of 8.77 was reached on December 31, and the low of 7.34 on September 30.