Historical Year Data · 1981

Germany Credit-to-GDP Gap in 1981

Germany Credit-to-GDP Gap opened 1981 at 1.84 and closed at 3.26, a +77.02% move for the year. The high of 3.26 was reached on December 31, and the low of 1.84 on March 31.

Open

1.84

1981-01

3.26

4 data points

High

3.26

Dec 31

Low

1.84

Mar 31

Full Year Change

+77.02%

1980 Change

+155.03%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	1.84	1.84	1.84	1.84	+0.00%
Jun	2.69	2.69	2.69	2.69	+0.00%
Sep	2.66	2.66	2.66	2.66	+0.00%
Dec	3.26	3.26	3.26	3.26	+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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France Credit-to-GDP Gap

1981

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Historical Year Data · 1981

Germany Credit-to-GDP Gap in 1981

Germany Credit-to-GDP Gap opened 1981 at 1.84 and closed at 3.26, a +77.02% move for the year. The high of 3.26 was reached on December 31, and the low of 1.84 on March 31.