Gross Domestic Product (GDP) per capita in Yugoslavia: 1980 vs. 1989
(All figures in 1972 US Dollars)
This table shows two developments in the former Yugoslavia. The first is the decline in the Yugoslav economy during the 1980s. Much of the world experienced an economic recession in the early 1980s, but in Western Europe, North America, and especially Asia (including Communist….
The recession of the early 1980s caused significant disruptions in the economies of all European states, whether Communist (above the double line) or non-Communist. The data in this table show how even in West Germany, from 1980 to 1985 gross national product per capita decline across Europe. However, by 1986 the recession in Western Europe had largely ended, much of Eastern Europe was much….