Historical Year Data · 2009

Italy Credit-to-GDP Gap in 2009

Italy Credit-to-GDP Gap opened 2009 at 14.4 and closed at 14.5, a +0.69% move for the year. The high of 16.5 was reached on June 30, and the low of 14.4 on March 31.

Open

14.4

2009-01

14.5

4 data points

High

16.5

Jun 30

Low

14.4

Mar 31

Full Year Change

+0.69%

2008 Change

-26.04%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	14.4	14.4	14.4	14.4	+0.00%
Jun	16.5	16.5	16.5	16.5	+0.00%
Sep	15.3	15.3	15.3	15.3	+0.00%
Dec	14.5	14.5	14.5	14.5	+0.00%

Events During 2009

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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