Historical Year Data · 2022
UK Credit-to-GDP Gap in 2022
UK Credit-to-GDP Gap opened 2022 at -11.9 and closed at -17.6, a -47.90% move for the year. The high of -11.9 was reached on March 31, and the low of -17.6 on December 31.
Open
-11.9
2022-01
Close
-17.6
4 data points
High
-11.9
Mar 31
Low
-17.6
Dec 31
Full Year Change
-47.90%
2021 Change
-264.29%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Mar | -11.9 | -11.9 | -11.9 | -11.9 | +0.00% |
| Jun | -14.5 | -14.5 | -14.5 | -14.5 | +0.00% |
| Sep | -15.6 | -15.6 | -15.6 | -15.6 | +0.00% |
| Dec | -17.6 | -17.6 | -17.6 | -17.6 | +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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