Historical Year Data · 1983

Germany Credit-to-GDP Gap in 1983

Germany Credit-to-GDP Gap opened 1983 at 1.7 and closed at 2.5, a +47.06% move for the year. The high of 2.5 was reached on December 31, and the low of 1.7 on March 31.

Open

1.7

1983-01

2.5

4 data points

High

2.5

Dec 31

Low

1.7

Mar 31

Full Year Change

+47.06%

1982 Change

+123.53%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	1.7	1.7	1.7	1.7	+0.00%
Jun	2.2	2.2	2.2	2.2	+0.00%
Sep	2	2	2	2	+0.00%
Dec	2.5	2.5	2.5	2.5	+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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