Historical Year Data · 1985
UK Real GDP in 1985
UK Real GDP opened 1985 at 315,753 and closed at 322,604, a +2.17% move for the year. The high of 322,604 was reached on October 1, and the low of 315,753 on January 1.
Open
315,753
1985-01
Close
322,604
4 data points
High
322,604
Oct 1
Low
315,753
Jan 1
Full Year Change
+2.17%
1984 Change
+1.54%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 315,753 | 315,753 | 315,753 | 315,753 | +0.00% |
| Apr | 322,451 | 322,451 | 322,451 | 322,451 | +0.00% |
| Jul | 322,392 | 322,392 | 322,392 | 322,392 | +0.00% |
| Oct | 322,604 | 322,604 | 322,604 | 322,604 | +0.00% |
Events During 1985
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.
1985 Plaza Accord
Reflation
September 22, 1985
G5 finance ministers agreed at the Plaza Hotel in New York to coordinate intervention that weakened the dollar. The accord engineered a 50% decline in DXY over two years and set the stage for the 1987 crash and Japan's bubble.
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