Historical Year Data · 1989

Korea Credit-to-GDP Gap in 1989

Korea Credit-to-GDP Gap opened 1989 at -8.85 and closed at -1.46, a +83.52% move for the year. The high of -1.46 was reached on December 31, and the low of -8.85 on March 31.

Open

-8.85

1989-01

-1.46

4 data points

High

-1.46

Dec 31

Low

-8.85

Mar 31

Full Year Change

+83.52%

1988 Change

-23.69%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-8.85	-8.85	-8.85	-8.85	+0.00%
Jun	-4.08	-4.08	-4.08	-4.08	+0.00%
Sep	-1.76	-1.76	-1.76	-1.76	+0.00%
Dec	-1.46	-1.46	-1.46	-1.46	+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

China Credit-to-GDP Gap

1989

Japan Credit-to-GDP Gap

1989

Euro Area Credit-to-GDP Gap

1989

UK Credit-to-GDP Gap

1989

Germany Credit-to-GDP Gap

1989

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Historical Year Data · 1989

Korea Credit-to-GDP Gap in 1989

Korea Credit-to-GDP Gap opened 1989 at -8.85 and closed at -1.46, a +83.52% move for the year. The high of -1.46 was reached on December 31, and the low of -8.85 on March 31.