Historical Year Data · 1983

Spain Credit-to-GDP Gap in 1983

Spain Credit-to-GDP Gap opened 1983 at 0.85 and closed at 0.11, a -87.45% move for the year. The high of 0.85 was reached on March 31, and the low of -0.94 on September 30.

Open

0.85

1983-01

0.11

4 data points

High

0.85

Mar 31

Low

-0.94

Sep 30

Full Year Change

-87.45%

1982 Change

+345.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	0.85	0.85	0.85	0.85	+0.00%
Jun	0.5	0.5	0.5	0.5	+0.00%
Sep	-0.94	-0.94	-0.94	-0.94	+0.00%
Dec	0.11	0.11	0.11	0.11	+0.00%

Events During 1983

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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Historical Year Data · 1983

Spain Credit-to-GDP Gap in 1983

Spain Credit-to-GDP Gap opened 1983 at 0.85 and closed at 0.11, a -87.45% move for the year. The high of 0.85 was reached on March 31, and the low of -0.94 on September 30.