Historical Year Data · 2016
Credit Card Delinquency Rate in 2016
Credit Card Delinquency Rate opened 2016 at 2.15% and closed at 2.37%, a +10.23% move for the year. The high of 2.37% was reached on October 1, and the low of 2.15% on January 1.
Open
2.15%
2016-01
Close
2.37%
4 data points
High
2.37%
Oct 1
Low
2.15%
Jan 1
Full Year Change
+10.23%
2015 Change
+2.37%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 2.15% | 2.15% | 2.15% | 2.15% | +0.00% |
| Apr | 2.21% | 2.21% | 2.21% | 2.21% | +0.00% |
| Jul | 2.29% | 2.29% | 2.29% | 2.29% | +0.00% |
| Oct | 2.37% | 2.37% | 2.37% | 2.37% | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
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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