Historical Year Data · 1989

UK Credit-to-GDP Gap in 1989

UK Credit-to-GDP Gap opened 1989 at 18.83 and closed at 19.47, a +3.40% move for the year. The high of 20.3 was reached on September 30, and the low of 18.83 on March 31.

Open

18.83

1989-01

19.47

4 data points

High

20.3

Sep 30

Low

18.83

Mar 31

Full Year Change

+3.40%

1988 Change

+22.58%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	18.83	18.83	18.83	18.83	+0.00%
Jun	19.78	19.78	19.78	19.78	+0.00%
Sep	20.3	20.3	20.3	20.3	+0.00%
Dec	19.47	19.47	19.47	19.47	+0.00%

Events During 1989

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

1989

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Euro Area Credit-to-GDP Gap

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Germany Credit-to-GDP Gap

1989

France Credit-to-GDP Gap

1989

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Historical Year Data · 1989

UK Credit-to-GDP Gap in 1989

UK Credit-to-GDP Gap opened 1989 at 18.83 and closed at 19.47, a +3.40% move for the year. The high of 20.3 was reached on September 30, and the low of 18.83 on March 31.