Historical Year Data · 2002

Spain Unemployment Rate in 2002

Spain Unemployment Rate opened 2002 at 11.10% and closed at 11.60%, a +4.50% move for the year. The high of 11.80% was reached on August 1, and the low of 11.10% on January 1.

Open

11.10%

2002-01

11.60%

12 data points

High

11.80%

Aug 1

Low

11.10%

Jan 1

Full Year Change

+4.50%

2001 Change

-0.93%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	11.10%	11.10%	11.10%	11.10%	+0.00%
Feb	11.50%	11.50%	11.50%	11.50%	+0.00%
Mar	11.20%	11.20%	11.20%	11.20%	+0.00%
Apr	11.20%	11.20%	11.20%	11.20%	+0.00%
May	11.20%	11.20%	11.20%	11.20%	+0.00%
Jun	11.40%	11.40%	11.40%	11.40%	+0.00%
Jul	11.70%	11.70%	11.70%	11.70%	+0.00%
Aug	11.80%	11.80%	11.80%	11.80%	+0.00%
Sep	11.70%	11.70%	11.70%	11.70%	+0.00%
Oct	11.60%	11.60%	11.60%	11.60%	+0.00%
Nov	11.60%	11.60%	11.60%	11.60%	+0.00%
Dec	11.60%	11.60%	11.60%	11.60%	+0.00%

Events During 2002

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

1998 Euro Launch & 1999 Introduction

Goldilocks

May 1998 – January 2002

Eleven European Union members locked exchange rates on January 1, 1999, creating the euro as a virtual currency. Physical notes and coins circulated from January 1, 2002. The euro became the largest monetary experiment since Bretton Woods.

2000 Dotcom Crash

Deflation

March 2000 – October 2002

The Nasdaq Composite peaked at 5,048 on March 10, 2000 and fell 78% over 31 months. Internet companies went bankrupt en masse. The crash reshaped venture capital, corporate governance, and accounting standards.

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