Historical Year Data · 1989

Australia Credit-to-GDP Gap in 1989

Australia Credit-to-GDP Gap opened 1989 at 14.14 and closed at 9.77, a -30.94% move for the year. The high of 15.62 was reached on June 30, and the low of 9.77 on December 31.

Open

14.14

1989-01

9.77

4 data points

High

15.62

Jun 30

Low

9.77

Dec 31

Full Year Change

-30.94%

1988 Change

-9.91%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	14.14	14.14	14.14	14.14	+0.00%
Jun	15.62	15.62	15.62	15.62	+0.00%
Sep	12.16	12.16	12.16	12.16	+0.00%
Dec	9.77	9.77	9.77	9.77	+0.00%

Events During 1989

1982 Latin American Debt Crisis

Deflation

August 1982 – 1989

Mexico defaulted on its external debt in August 1982, triggering a seven-year crisis that engulfed Brazil, Argentina, Chile, and most of Latin America. The "lost decade" reshaped emerging market finance.

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Related Metrics

US Credit-to-GDP Gap

1989

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Germany Credit-to-GDP Gap

1989

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Historical Year Data · 1989

Australia Credit-to-GDP Gap in 1989

Australia Credit-to-GDP Gap opened 1989 at 14.14 and closed at 9.77, a -30.94% move for the year. The high of 15.62 was reached on June 30, and the low of 9.77 on December 31.