Historical Year Data · 1989

UK Real GDP in 1989

UK Real GDP opened 1989 at 374,612 and closed at 377,508, a +0.77% move for the year. The high of 377,573 was reached on July 1, and the low of 374,612 on January 1.

Open

374,612

1989-01

377,508

4 data points

High

377,573

Jul 1

Low

374,612

Jan 1

Full Year Change

+0.77%

1988 Change

+2.61%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	374,612	374,612	374,612	374,612	+0.00%
Apr	376,951	376,951	376,951	376,951	+0.00%
Jul	377,573	377,573	377,573	377,573	+0.00%
Oct	377,508	377,508	377,508	377,508	+0.00%

Events During 1989

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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