Historical Year Data · 1980

Spain Credit-to-GDP Gap in 1980

Spain Credit-to-GDP Gap opened 1980 at -7.5 and closed at -4.2, a +44.00% move for the year. The high of -4.2 was reached on December 31, and the low of -7.5 on March 31.

Open

-7.5

1980-01

-4.2

4 data points

High

-4.2

Dec 31

Low

-7.5

Mar 31

Full Year Change

+44.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	-7.5	-7.5	-7.5	-7.5	+0.00%
Jun	-6.8	-6.8	-6.8	-6.8	+0.00%
Sep	-6	-6	-6	-6	+0.00%
Dec	-4.2	-4.2	-4.2	-4.2	+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.

Next Year

Spain Credit-to-GDP Gap in 1981→