Historical Year Data · 1986
South Korea Real GDP Growth (WEO) in 1986
South Korea Real GDP Growth (WEO) opened 1986 at 11.50% and closed at 11.50%, a +0.00% move for the year. The high of 11.50% was reached on December 31, and the low of 11.50% on December 31.
Open
11.50%
1986-01
Close
11.50%
1 data points
High
11.50%
Dec 31
Low
11.50%
Dec 31
Full Year Change
+0.00%
1985 Change
+0.00%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Dec | 11.50% | 11.50% | 11.50% | 11.50% | +0.00% |
Events During 1986
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.
1985 Plaza Accord
Reflation
September 22, 1985
G5 finance ministers agreed at the Plaza Hotel in New York to coordinate intervention that weakened the dollar. The accord engineered a 50% decline in DXY over two years and set the stage for the 1987 crash and Japan's bubble.
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