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Historical Year Data · 1988

Mexico Real GDP Growth (WEO) in 1988

Mexico Real GDP Growth (WEO) opened 1988 at 1.22% and closed at 1.22%, a +0.00% move for the year. The high of 1.22% was reached on December 31, and the low of 1.22% on December 31.

Open
1.22%
1988-01
Close
1.22%
1 data points
High
1.22%
Dec 31
Low
1.22%
Dec 31
Full Year Change
+0.00%
1987 Change
+0.00%

Monthly Breakdown

MonthOpenCloseHighLowChange
Dec1.22%1.22%1.22%1.22%+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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