Historical Year Data · 1989

France Credit-to-GDP Gap in 1989

France Credit-to-GDP Gap opened 1989 at 5.5 and closed at 9.6, a +74.55% move for the year. The high of 9.6 was reached on December 31, and the low of 5.5 on March 31.

Open

5.5

1989-01

9.6

4 data points

High

9.6

Dec 31

Low

5.5

Mar 31

Full Year Change

+74.55%

1988 Change

+137.93%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	5.5	5.5	5.5	5.5	+0.00%
Jun	7.6	7.6	7.6	7.6	+0.00%
Sep	7.2	7.2	7.2	7.2	+0.00%
Dec	9.6	9.6	9.6	9.6	+0.00%

Events During 1989

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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