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Historical Year Data · 1974

UK Credit-to-GDP Gap in 1974

UK Credit-to-GDP Gap opened 1974 at 2 and closed at -2.1, a -205.00% move for the year. The high of 2 was reached on March 31, and the low of -2.1 on December 31.

Open
2
1974-01
Close
-2.1
4 data points
High
2
Mar 31
Low
-2.1
Dec 31
Full Year Change
-205.00%
1973 Change
-55.56%

Monthly Breakdown

MonthOpenCloseHighLowChange
Mar2222+0.00%
Jun1.61.61.61.6+0.00%
Sep0.60.60.60.6+0.00%
Dec-2.1-2.1-2.1-2.1+0.00%

Events During 1974

1973 OPEC Oil Embargo
Stagflation
October 1973 – March 1974

OPEC quadrupled oil prices and embargoed shipments to the United States in response to US support for Israel in the Yom Kippur War. The shock launched a decade of stagflation.

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1974
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