Historical Year Data · 1980

Australia Credit-to-GDP Gap in 1980

Australia Credit-to-GDP Gap opened 1980 at 0.82 and closed at 1.65, a +101.55% move for the year. The high of 2.31 was reached on June 30, and the low of 0.82 on March 31.

Open

0.82

1980-01

1.65

4 data points

High

2.31

Jun 30

Low

0.82

Mar 31

Full Year Change

+101.55%

1979 Change

+146.25%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	0.82	0.82	0.82	0.82	+0.00%
Jun	2.31	2.31	2.31	2.31	+0.00%
Sep	1.68	1.68	1.68	1.68	+0.00%
Dec	1.65	1.65	1.65	1.65	+0.00%

Events During 1980

1979 Volcker Shock

Stagflation

October 1979 – August 1982

Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.

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Related Metrics

US Credit-to-GDP Gap

1980

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Euro Area Credit-to-GDP Gap

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1980

Germany Credit-to-GDP Gap

1980

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Historical Year Data · 1980

Australia Credit-to-GDP Gap in 1980

Australia Credit-to-GDP Gap opened 1980 at 0.82 and closed at 1.65, a +101.55% move for the year. The high of 2.31 was reached on June 30, and the low of 0.82 on March 31.