Historical Year Data · 1981

Mexico Real GDP Growth (WEO) in 1981

Mexico Real GDP Growth (WEO) opened 1981 at 9.59% and closed at 9.59%, a +0.00% move for the year. The high of 9.59% was reached on December 31, and the low of 9.59% on December 31.

Open

9.59%

1981-01

9.59%

1 data points

High

9.59%

Dec 31

Low

9.59%

Dec 31

Full Year Change

+0.00%

1980 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Dec	9.59%	9.59%	9.59%	9.59%	+0.00%

Events During 1981

1979 Volcker Shock

Stagflation

October 1979 – August 1982

Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.

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