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Historical Year Data · 1983

US Credit-to-GDP Gap in 1983

US Credit-to-GDP Gap opened 1983 at -1.9 and closed at -0.6, a +68.42% move for the year. The high of -0.6 was reached on December 31, and the low of -1.9 on March 31.

Open
-1.9
1983-01
Close
-0.6
4 data points
High
-0.6
Dec 31
Low
-1.9
Mar 31
Full Year Change
+68.42%
1982 Change
+54.55%

Monthly Breakdown

MonthOpenCloseHighLowChange
Mar-1.9-1.9-1.9-1.9+0.00%
Jun-1.2-1.2-1.2-1.2+0.00%
Sep-1-1-1-1+0.00%
Dec-0.6-0.6-0.6-0.6+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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