Historical Year Data · 1983

Korea Credit-to-GDP Gap in 1983

Korea Credit-to-GDP Gap opened 1983 at 13.8 and closed at 10.2, a -26.09% move for the year. The high of 13.8 was reached on March 31, and the low of 10.2 on December 31.

Open

13.8

1983-01

10.2

4 data points

High

13.8

Mar 31

Low

10.2

Dec 31

Full Year Change

-26.09%

1982 Change

+51.61%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Mar	13.8	13.8	13.8	13.8	+0.00%
Jun	13.5	13.5	13.5	13.5	+0.00%
Sep	10.7	10.7	10.7	10.7	+0.00%
Dec	10.2	10.2	10.2	10.2	+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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