Historical Year Data · 1983

India Credit-to-GDP Gap in 1983

India Credit-to-GDP Gap opened 1983 at 4.7 and closed at 3.6, a -23.40% move for the year. The high of 4.7 was reached on March 31, and the low of 1.9 on September 30.

Open

4.7

1983-01

3.6

4 data points

High

4.7

Mar 31

Low

1.9

Sep 30

Full Year Change

-23.40%

1982 Change

+34.09%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	4.7	4.7	4.7	4.7	+0.00%
Jun	3	3	3	3	+0.00%
Sep	1.9	1.9	1.9	1.9	+0.00%
Dec	3.6	3.6	3.6	3.6	+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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