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Historical Year Data · 1989

Australia Current Account (% GDP, WEO) in 1989

Australia Current Account (% GDP, WEO) opened 1989 at -6.11% and closed at -6.11%, a +0.00% move for the year. The high of -6.11% was reached on December 31, and the low of -6.11% on December 31.

Open
-6.11%
1989-01
Close
-6.11%
1 data points
High
-6.11%
Dec 31
Low
-6.11%
Dec 31
Full Year Change
+0.00%

Monthly Breakdown

MonthOpenCloseHighLowChange
Dec-6.11%-6.11%-6.11%-6.11%+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.

Next Year
Australia Current Account (% GDP, WEO) in 1990→

Related Metrics

US Real GDP Growth (WEO)
1989
Canada Real GDP Growth (WEO)
1989
Mexico Real GDP Growth (WEO)
1989
Brazil Real GDP Growth (WEO)
1989
Argentina Real GDP Growth (WEO)
1989
UK Real GDP Growth (WEO)
1989

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