Historical Year Data · 1980

Germany Credit-to-GDP Gap in 1980

Germany Credit-to-GDP Gap opened 1980 at -2.6 and closed at 1.4, a +153.85% move for the year. The high of 1.4 was reached on December 31, and the low of -2.6 on March 31.

Open

-2.6

1980-01

1.4

4 data points

High

1.4

Dec 31

Low

-2.6

Mar 31

Full Year Change

+153.85%

1979 Change

+58.33%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-2.6	-2.6	-2.6	-2.6	+0.00%
Jun	-1.6	-1.6	-1.6	-1.6	+0.00%
Sep	-1.4	-1.4	-1.4	-1.4	+0.00%
Dec	1.4	1.4	1.4	1.4	+0.00%

Events During 1980

1979 Volcker Shock

Stagflation

October 1979 – August 1982

Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.

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