Historical Year Data · 1981

Australia Credit-to-GDP Gap in 1981

Australia Credit-to-GDP Gap opened 1981 at 1.7 and closed at 2.6, a +52.94% move for the year. The high of 3.1 was reached on June 30, and the low of 1.7 on March 31.

Open

1.7

1981-01

2.6

4 data points

High

3.1

Jun 30

Low

1.7

Mar 31

Full Year Change

+52.94%

1980 Change

+112.50%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	1.7	1.7	1.7	1.7	+0.00%
Jun	3.1	3.1	3.1	3.1	+0.00%
Sep	2.8	2.8	2.8	2.8	+0.00%
Dec	2.6	2.6	2.6	2.6	+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.

Previous Year

← Australia Credit-to-GDP Gap in 1980

Next Year

Australia Credit-to-GDP Gap in 1982→