Historical Year Data · 1982
UK Real GDP in 1982
UK Real GDP opened 1982 at 286,275 and closed at 291,832, a +1.94% move for the year. The high of 291,832 was reached on October 1, and the low of 286,275 on January 1.
Open
286,275
1982-01
Close
291,832
4 data points
High
291,832
Oct 1
Low
286,275
Jan 1
Full Year Change
+1.94%
1981 Change
+1.62%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 286,275 | 286,275 | 286,275 | 286,275 | +0.00% |
| Apr | 289,232 | 289,232 | 289,232 | 289,232 | +0.00% |
| Jul | 289,852 | 289,852 | 289,852 | 289,852 | +0.00% |
| Oct | 291,832 | 291,832 | 291,832 | 291,832 | +0.00% |
Events During 1982
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.
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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