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Historical Year Data · 2006

South Africa Real GDP Growth (WEO) in 2006

South Africa Real GDP Growth (WEO) opened 2006 at 5.60% and closed at 5.60%, a +0.00% move for the year. The high of 5.60% was reached on December 31, and the low of 5.60% on December 31.

Open
5.60%
2006-01
Close
5.60%
1 data points
High
5.60%
Dec 31
Low
5.60%
Dec 31
Full Year Change
+0.00%
2005 Change
+0.00%

Monthly Breakdown

MonthOpenCloseHighLowChange
Dec5.60%5.60%5.60%5.60%+0.00%

Events During 2006

2006 US Housing Market Peak
Goldilocks
June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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