Historical Year Data · 1983

UK Credit-to-GDP Gap in 1983

UK Credit-to-GDP Gap opened 1983 at 7.2 and closed at 7.8, a +8.33% move for the year. The high of 7.8 was reached on June 30, and the low of 7.2 on March 31.

Open

7.2

1983-01

7.8

4 data points

High

7.8

Jun 30

Low

7.2

Mar 31

Full Year Change

+8.33%

1982 Change

+106.06%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	7.2	7.2	7.2	7.2	+0.00%
Jun	7.8	7.8	7.8	7.8	+0.00%
Sep	7.6	7.6	7.6	7.6	+0.00%
Dec	7.8	7.8	7.8	7.8	+0.00%

Events During 1983

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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