Historical Year Data · 1982

Spain Credit-to-GDP Gap in 1982

Spain Credit-to-GDP Gap opened 1982 at 0.4 and closed at 1.6, a +300.00% move for the year. The high of 1.6 was reached on December 31, and the low of 0.4 on March 31.

Open

0.4

1982-01

1.6

4 data points

High

1.6

Dec 31

Low

0.4

Mar 31

Full Year Change

+300.00%

1981 Change

+135.14%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	0.4	0.4	0.4	0.4	+0.00%
Jun	0.7	0.7	0.7	0.7	+0.00%
Sep	0.6	0.6	0.6	0.6	+0.00%
Dec	1.6	1.6	1.6	1.6	+0.00%

Events During 1982

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.

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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