Historical Year Data · 1981

Australia Credit-to-GDP Gap in 1981

Australia Credit-to-GDP Gap opened 1981 at 1.66 and closed at 2.61, a +57.70% move for the year. The high of 3.11 was reached on June 30, and the low of 1.66 on March 31.

Open

1.66

1981-01

2.61

4 data points

High

3.11

Jun 30

Low

1.66

Mar 31

Full Year Change

+57.70%

1980 Change

+101.55%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	1.66	1.66	1.66	1.66	+0.00%
Jun	3.11	3.11	3.11	3.11	+0.00%
Sep	2.78	2.78	2.78	2.78	+0.00%
Dec	2.61	2.61	2.61	2.61	+0.00%

Events During 1981

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

1981

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Germany Credit-to-GDP Gap

1981

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Historical Year Data · 1981

Australia Credit-to-GDP Gap in 1981

Australia Credit-to-GDP Gap opened 1981 at 1.66 and closed at 2.61, a +57.70% move for the year. The high of 3.11 was reached on June 30, and the low of 1.66 on March 31.