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Historical Year Data · 1988

Japan Credit-to-GDP Gap in 1988

Japan Credit-to-GDP Gap opened 1988 at 16 and closed at 17.9, a +11.87% move for the year. The high of 17.9 was reached on December 31, and the low of 14.9 on June 30.

Open
16
1988-01
Close
17.9
4 data points
High
17.9
Dec 31
Low
14.9
Jun 30
Full Year Change
+11.87%
1987 Change
+89.58%

Monthly Breakdown

MonthOpenCloseHighLowChange
Mar16161616+0.00%
Jun14.914.914.914.9+0.00%
Sep16161616+0.00%
Dec17.917.917.917.9+0.00%

Events During 1988

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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Related Metrics

US Credit-to-GDP Gap
1988
China Credit-to-GDP Gap
1988
Euro Area Credit-to-GDP Gap
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UK Credit-to-GDP Gap
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Germany Credit-to-GDP Gap
1988
France Credit-to-GDP Gap
1988

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