Historical Year Data · 2022
Spain Credit-to-GDP Gap in 2022
Spain Credit-to-GDP Gap opened 2022 at -30.1 and closed at -34.8, a -15.61% move for the year. The high of -30.1 was reached on March 31, and the low of -34.8 on December 31.
Open
-30.1
2022-01
Close
-34.8
4 data points
High
-30.1
Mar 31
Low
-34.8
Dec 31
Full Year Change
-15.61%
2021 Change
-45.65%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Mar | -30.1 | -30.1 | -30.1 | -30.1 | +0.00% |
| Jun | -31.2 | -31.2 | -31.2 | -31.2 | +0.00% |
| Sep | -32.6 | -32.6 | -32.6 | -32.6 | +0.00% |
| Dec | -34.8 | -34.8 | -34.8 | -34.8 | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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