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Historical Year Data · 1988

South Korea Real GDP Growth (WEO) in 1988

South Korea Real GDP Growth (WEO) opened 1988 at 12.13% and closed at 12.13%, a +0.00% move for the year. The high of 12.13% was reached on December 31, and the low of 12.13% on December 31.

Open
12.13%
1988-01
Close
12.13%
1 data points
High
12.13%
Dec 31
Low
12.13%
Dec 31
Full Year Change
+0.00%
1987 Change
+0.00%

Monthly Breakdown

MonthOpenCloseHighLowChange
Dec12.13%12.13%12.13%12.13%+0.00%

Events During 1988

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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