CONVEX
Sign in
Historical Year Data · 1989

Australia Credit-to-GDP Gap in 1989

Australia Credit-to-GDP Gap opened 1989 at 14.1 and closed at 9.8, a -30.50% move for the year. The high of 15.6 was reached on June 30, and the low of 9.8 on December 31.

Open
14.1
1989-01
Close
9.8
4 data points
High
15.6
Jun 30
Low
9.8
Dec 31
Full Year Change
-30.50%
1988 Change
-10.13%

Monthly Breakdown

MonthOpenCloseHighLowChange
Mar14.114.114.114.1+0.00%
Jun15.615.615.615.6+0.00%
Sep12.212.212.212.2+0.00%
Dec9.89.89.89.8+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.

Previous Year
← Australia Credit-to-GDP Gap in 1988
Next Year
Australia Credit-to-GDP Gap in 1990→

Related Metrics

US Credit-to-GDP Gap
1989
China Credit-to-GDP Gap
1989
Japan Credit-to-GDP Gap
1989
Euro Area Credit-to-GDP Gap
1989
UK Credit-to-GDP Gap
1989
Germany Credit-to-GDP Gap
1989

Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.

← Back to Australia Credit-to-GDP GapAll yearsMarket events →