Historical Year Data · 1979

Germany Credit-to-GDP Gap in 1979

Germany Credit-to-GDP Gap opened 1979 at -2.37 and closed at -1.04, a +56.29% move for the year. The high of -1.04 was reached on December 31, and the low of -2.37 on March 31.

Open

-2.37

1979-01

-1.04

4 data points

High

-1.04

Dec 31

Low

-2.37

Mar 31

Full Year Change

+56.29%

1978 Change

+54.77%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-2.37	-2.37	-2.37	-2.37	+0.00%
Jun	-1.7	-1.7	-1.7	-1.7	+0.00%
Sep	-2.19	-2.19	-2.19	-2.19	+0.00%
Dec	-1.04	-1.04	-1.04	-1.04	+0.00%

Events During 1979

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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1979

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Historical Year Data · 1979

Germany Credit-to-GDP Gap in 1979

Germany Credit-to-GDP Gap opened 1979 at -2.37 and closed at -1.04, a +56.29% move for the year. The high of -1.04 was reached on December 31, and the low of -2.37 on March 31.