Historical Year Data · 1981

Korea Credit-to-GDP Gap in 1981

Korea Credit-to-GDP Gap opened 1981 at 7.8 and closed at 9.44, a +21.03% move for the year. The high of 9.44 was reached on December 31, and the low of 7.8 on March 31.

Open

7.8

1981-01

9.44

4 data points

High

9.44

Dec 31

Low

7.8

Mar 31

Full Year Change

+21.03%

1980 Change

+156.96%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	7.8	7.8	7.8	7.8	+0.00%
Jun	8.41	8.41	8.41	8.41	+0.00%
Sep	8.17	8.17	8.17	8.17	+0.00%
Dec	9.44	9.44	9.44	9.44	+0.00%

Events During 1981

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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Related Metrics

US Credit-to-GDP Gap

1981

China Credit-to-GDP Gap

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Japan Credit-to-GDP Gap

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Euro Area Credit-to-GDP Gap

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UK Credit-to-GDP Gap

1981

Germany Credit-to-GDP Gap

1981

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Historical Year Data · 1981

Korea Credit-to-GDP Gap in 1981

Korea Credit-to-GDP Gap opened 1981 at 7.8 and closed at 9.44, a +21.03% move for the year. The high of 9.44 was reached on December 31, and the low of 7.8 on March 31.