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Historical Year Data · 1971

Brazil Real GDP Growth (WEO) in 1971

Brazil Real GDP Growth (WEO) opened 1971 at 11.34% and closed at 11.34%, a +0.00% move for the year. The high of 11.34% was reached on December 31, and the low of 11.34% on December 31.

Open
11.34%
1971-01
Close
11.34%
1 data points
High
11.34%
Dec 31
Low
11.34%
Dec 31
Full Year Change
+0.00%
1970 Change
+0.00%

Monthly Breakdown

MonthOpenCloseHighLowChange
Dec11.34%11.34%11.34%11.34%+0.00%

Events During 1971

1971 Nixon Shock (End of Gold Standard)
Stagflation
August 15, 1971

On August 15, 1971, President Nixon announced the United States would no longer convert dollars to gold at $35/oz, ending the Bretton Woods system and ushering in the modern fiat era.

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