Historical Year Data · 1988

UK Real GDP in 1988

UK Real GDP opened 1988 at 363,267 and closed at 372,752, a +2.61% move for the year. The high of 372,752 was reached on October 1, and the low of 363,267 on January 1.

Open

363,267

1988-01

372,752

4 data points

High

372,752

Oct 1

Low

363,267

Jan 1

Full Year Change

+2.61%

1987 Change

+5.21%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	363,267	363,267	363,267	363,267	+0.00%
Apr	365,209	365,209	365,209	365,209	+0.00%
Jul	369,774	369,774	369,774	369,774	+0.00%
Oct	372,752	372,752	372,752	372,752	+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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