Historical Year Data · 1980

France Credit-to-GDP Gap in 1980

France Credit-to-GDP Gap opened 1980 at -7.06 and closed at -2.99, a +57.67% move for the year. The high of -2.99 was reached on December 31, and the low of -7.06 on March 31.

Open

-7.06

1980-01

-2.99

4 data points

High

-2.99

Dec 31

Low

-7.06

Mar 31

Full Year Change

+57.67%

1979 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-7.06	-7.06	-7.06	-7.06	+0.00%
Jun	-4.94	-4.94	-4.94	-4.94	+0.00%
Sep	-5.02	-5.02	-5.02	-5.02	+0.00%
Dec	-2.99	-2.99	-2.99	-2.99	+0.00%

Events During 1980

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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1980

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1980

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Historical Year Data · 1980

France Credit-to-GDP Gap in 1980

France Credit-to-GDP Gap opened 1980 at -7.06 and closed at -2.99, a +57.67% move for the year. The high of -2.99 was reached on December 31, and the low of -7.06 on March 31.