Historical Year Data · 1983

Canada Credit-to-GDP Gap in 1983

Canada Credit-to-GDP Gap opened 1983 at -2.5 and closed at -9, a -260.00% move for the year. The high of -2.5 was reached on March 31, and the low of -9 on December 31.

Open

-2.5

1983-01

-9

4 data points

High

-2.5

Mar 31

Low

-9

Dec 31

Full Year Change

-260.00%

1982 Change

-112.77%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-2.5	-2.5	-2.5	-2.5	+0.00%
Jun	-4.7	-4.7	-4.7	-4.7	+0.00%
Sep	-6.9	-6.9	-6.9	-6.9	+0.00%
Dec	-9	-9	-9	-9	+0.00%

Events During 1983

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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