Historical Year Data · 2008

Italy Credit-to-GDP Gap in 2008

Italy Credit-to-GDP Gap opened 2008 at 16.93 and closed at 12.53, a -25.97% move for the year. The high of 16.93 was reached on March 31, and the low of 12.53 on December 31.

Open

16.93

2008-01

12.53

4 data points

High

16.93

Mar 31

Low

12.53

Dec 31

Full Year Change

-25.97%

2007 Change

+26.21%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	16.93	16.93	16.93	16.93	+0.00%
Jun	15.79	15.79	15.79	15.79	+0.00%
Sep	14.36	14.36	14.36	14.36	+0.00%
Dec	12.53	12.53	12.53	12.53	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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Related Metrics

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Euro Area Credit-to-GDP Gap

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2008

Germany Credit-to-GDP Gap

2008

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Historical Year Data · 2008

Italy Credit-to-GDP Gap in 2008

Italy Credit-to-GDP Gap opened 2008 at 16.93 and closed at 12.53, a -25.97% move for the year. The high of 16.93 was reached on March 31, and the low of 12.53 on December 31.