Historical Year Data · 1988

UK Credit-to-GDP Gap in 1988

UK Credit-to-GDP Gap opened 1988 at 14.3 and closed at 17.53, a +22.58% move for the year. The high of 17.82 was reached on September 30, and the low of 14.3 on March 31.

Open

14.3

1988-01

17.53

4 data points

High

17.82

Sep 30

Low

14.3

Mar 31

Full Year Change

+22.58%

1987 Change

-10.21%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	14.3	14.3	14.3	14.3	+0.00%
Jun	16.54	16.54	16.54	16.54	+0.00%
Sep	17.82	17.82	17.82	17.82	+0.00%
Dec	17.53	17.53	17.53	17.53	+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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Related Metrics

US Credit-to-GDP Gap

1988

China Credit-to-GDP Gap

1988

Japan Credit-to-GDP Gap

1988

Euro Area Credit-to-GDP Gap

1988

Germany Credit-to-GDP Gap

1988

France Credit-to-GDP Gap

1988

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Historical Year Data · 1988

UK Credit-to-GDP Gap in 1988

UK Credit-to-GDP Gap opened 1988 at 14.3 and closed at 17.53, a +22.58% move for the year. The high of 17.82 was reached on September 30, and the low of 14.3 on March 31.