Historical Year Data · 1997

G7 OECD CLI in 1997

G7 OECD CLI opened 1997 at 100.07 and closed at 100.45, a +0.39% move for the year. The high of 100.61 was reached on September 1, and the low of 100.07 on January 1.

Open

100.07

1997-01

100.45

12 data points

High

100.61

Sep 1

Low

100.07

Jan 1

Full Year Change

+0.39%

1996 Change

+0.60%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	100.07	100.07	100.07	100.07	+0.00%
Feb	100.15	100.15	100.15	100.15	+0.00%
Mar	100.23	100.23	100.23	100.23	+0.00%
Apr	100.33	100.33	100.33	100.33	+0.00%
May	100.43	100.43	100.43	100.43	+0.00%
Jun	100.52	100.52	100.52	100.52	+0.00%
Jul	100.58	100.58	100.58	100.58	+0.00%
Aug	100.61	100.61	100.61	100.61	+0.00%
Sep	100.61	100.61	100.61	100.61	+0.00%
Oct	100.58	100.58	100.58	100.58	+0.00%
Nov	100.53	100.53	100.53	100.53	+0.00%
Dec	100.45	100.45	100.45	100.45	+0.00%

Events During 1997

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.

1997 Asian Financial Crisis

Deflation

July 1997 – 1998

Thailand's forced devaluation of the baht on July 2, 1997 triggered contagion across Southeast Asia. Indonesia, Korea, and Malaysia saw currency collapses, sovereign debt crises, and economic contractions of 10-15%.

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