Historical Year Data · 1988

Italy Credit-to-GDP Gap in 1988

Italy Credit-to-GDP Gap opened 1988 at 2.75 and closed at 7.49, a +171.86% move for the year. The high of 7.49 was reached on December 31, and the low of 2.75 on March 31.

Open

2.75

1988-01

7.49

4 data points

High

7.49

Dec 31

Low

2.75

Mar 31

Full Year Change

+171.86%

1987 Change

+156.24%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	2.75	2.75	2.75	2.75	+0.00%
Jun	4.49	4.49	4.49	4.49	+0.00%
Sep	3.56	3.56	3.56	3.56	+0.00%
Dec	7.49	7.49	7.49	7.49	+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

Italy Credit-to-GDP Gap in 1988

Italy Credit-to-GDP Gap opened 1988 at 2.75 and closed at 7.49, a +171.86% move for the year. The high of 7.49 was reached on December 31, and the low of 2.75 on March 31.