Historical Year Data · 2002

UK Real GDP in 2002

UK Real GDP opened 2002 at 500,794 and closed at 509,728, a +1.78% move for the year. The high of 509,728 was reached on October 1, and the low of 500,794 on January 1.

Open

500,794

2002-01

509,728

4 data points

High

509,728

Oct 1

Low

500,794

Jan 1

Full Year Change

+1.78%

2001 Change

+1.16%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	500,794	500,794	500,794	500,794	+0.00%
Apr	503,433	503,433	503,433	503,433	+0.00%
Jul	506,386	506,386	506,386	506,386	+0.00%
Oct	509,728	509,728	509,728	509,728	+0.00%

Events During 2002

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

1998 Euro Launch & 1999 Introduction

Goldilocks

May 1998 – January 2002

Eleven European Union members locked exchange rates on January 1, 1999, creating the euro as a virtual currency. Physical notes and coins circulated from January 1, 2002. The euro became the largest monetary experiment since Bretton Woods.

2000 Dotcom Crash

Deflation

March 2000 – October 2002

The Nasdaq Composite peaked at 5,048 on March 10, 2000 and fell 78% over 31 months. Internet companies went bankrupt en masse. The crash reshaped venture capital, corporate governance, and accounting standards.

Previous Year

← UK Real GDP in 2001

Next Year

UK Real GDP in 2003→