Historical Year Data · 2008

UK Real GDP in 2008

UK Real GDP opened 2008 at 586,690 and closed at 561,816, a -4.24% move for the year. The high of 586,690 was reached on January 1, and the low of 561,816 on October 1.

Open

586,690

2008-01

561,816

4 data points

High

586,690

Jan 1

Low

561,816

Oct 1

Full Year Change

-4.24%

2007 Change

+2.75%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	586,690	586,690	586,690	586,690	+0.00%
Apr	583,541	583,541	583,541	583,541	+0.00%
Jul	573,961	573,961	573,961	573,961	+0.00%
Oct	561,816	561,816	561,816	561,816	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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