Congo vs Namibia: Banking crisis dummy

Congo
0 1=banking crisis, 0=none
in 2017
Namibia
0 1=banking crisis, 0=none
in 2017
Congo rank
4th
Namibia rank
4th

Banking crisis dummy over time

  • Congo
  • Namibia
00.20.40.60.81197019932017

How they compare

Congo currently reports 0 1=banking crisis, 0=none against 0 1=banking crisis, 0=none in Namibia, a difference of 0 1=banking crisis, 0=none.

The two have swapped places 2 times across 48 shared years of data; in 1970 it was Namibia ahead.

Congo ranks 4th and Namibia ranks 4th of 211 countries.

Congo has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Congo Namibia Difference Ahead
1970s 0 1=banking crisis, 0=none 0 1=banking crisis, 0=none 0 1=banking crisis, 0=none
1980s 0 1=banking crisis, 0=none 0 1=banking crisis, 0=none 0 1=banking crisis, 0=none
1990s 0.3 1=banking crisis, 0=none 0 1=banking crisis, 0=none 0.3 1=banking crisis, 0=none Congo
2000s 0 1=banking crisis, 0=none 0 1=banking crisis, 0=none 0 1=banking crisis, 0=none
2010s 0 1=banking crisis, 0=none 0 1=banking crisis, 0=none 0 1=banking crisis, 0=none

Averages of every year both report within each decade.

Frequently asked questions

Which has higher banking crisis dummy, Congo or Namibia?
Congo, at 0 1=banking crisis, 0=none against 0 1=banking crisis, 0=none in Namibia as of 2017.
What is the difference in banking crisis dummy between Congo and Namibia?
0 1=banking crisis, 0=none, with Congo ahead.
How many years of comparable data are there for Congo and Namibia?
48 years are reported by both, from 1970 to 2017.
How do Congo and Namibia rank globally for banking crisis dummy?
Congo ranks 4th and Namibia ranks 4th of 211 countries.
Where does this data come from?
Luc Laeven and Fabián Valencia, 2012. “Systemic Banking Crises Database: An Update”, IMF Working Paper WP/12/163, published as Banking crisis dummy (1=banking crisis, 0=none). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Banking crisis dummy (1=banking crisis, 0=none)
Unit
1=banking crisis, 0=none
Source
Luc Laeven and Fabián Valencia, 2012. “Systemic Banking Crises Database: An Update”, IMF Working Paper WP/12/163
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,162 data points, 1970–2017
Last refreshed

A banking crisis is defined as systemic if two conditions are met: a. Significant signs of financial distress in the banking system (as indicated bysignificant bank runs, losses in the banking system, and/or bank liquidations), b. Significant banking policy intervention measures in response to significant losses in the banking system. The first year that both criteria are met is considered as the year when the crisis start becoming systemic. The end of a crisis is defined the year before both real GDP growth and real credit growth are positive for at least two consecutive years.