Historical Year Data · 1988

France Credit-to-GDP Gap in 1988

France Credit-to-GDP Gap opened 1988 at 2.87 and closed at 6.86, a +139.20% move for the year. The high of 6.86 was reached on December 31, and the low of 2.87 on March 31.

Open

2.87

1988-01

6.86

4 data points

High

6.86

Dec 31

Low

2.87

Mar 31

Full Year Change

+139.20%

1987 Change

+89.58%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	2.87	2.87	2.87	2.87	+0.00%
Jun	3.48	3.48	3.48	3.48	+0.00%
Sep	3.96	3.96	3.96	3.96	+0.00%
Dec	6.86	6.86	6.86	6.86	+0.00%

Events During 1988

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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Germany Credit-to-GDP Gap

1988

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Historical Year Data · 1988

France Credit-to-GDP Gap in 1988

France Credit-to-GDP Gap opened 1988 at 2.87 and closed at 6.86, a +139.20% move for the year. The high of 6.86 was reached on December 31, and the low of 2.87 on March 31.