Banking crisis dummy (1=banking crisis, 0=none) by country

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...

Countries reporting
207
Highest
1 1=banking crisis, 0=none
Guinea-Bissau
Lowest
0 1=banking crisis, 0=none
Zimbabwe
Median
0 1=banking crisis, 0=none
Years covered
48
1970–2017
Data points
10,162

What the numbers show

Banking crisis dummy (1=banking crisis, 0=none) is currently reported for 207 countries. The highest value is 1 1=banking crisis, 0=none in Guinea-Bissau; the lowest is 0 1=banking crisis, 0=none in Zimbabwe.

The median across all reporting countries is 0 1=banking crisis, 0=none, and the mean is 0.0145 1=banking crisis, 0=none.

Banking crisis dummy: full country ranking

#Country LatestYear 10-year changeTrend
1 Guinea-Bissau 1 1=banking crisis, 0=none 2017 volatile
1 Moldova 1 1=banking crisis, 0=none 2017 volatile
1 Ukraine 1 1=banking crisis, 0=none 2017 volatile
4 Aruba 0 1=banking crisis, 0=none 2017 flat
4 Afghanistan 0 1=banking crisis, 0=none 2017 flat
4 Angola 0 1=banking crisis, 0=none 2017 flat
4 Albania 0 1=banking crisis, 0=none 2017 volatile
4 Andorra 0 1=banking crisis, 0=none 2017 flat
4 United Arab Emirates 0 1=banking crisis, 0=none 2017 flat
4 Argentina 0 1=banking crisis, 0=none 2017 volatile
4 Armenia 0 1=banking crisis, 0=none 2017 volatile
4 Antigua and Barbuda 0 1=banking crisis, 0=none 2017 flat
4 Australia 0 1=banking crisis, 0=none 2017 flat
4 Austria 0 1=banking crisis, 0=none 2017 volatile
4 Azerbaijan 0 1=banking crisis, 0=none 2017 volatile
4 Burundi 0 1=banking crisis, 0=none 2017 volatile
4 Belgium 0 1=banking crisis, 0=none 2017 volatile
4 Benin 0 1=banking crisis, 0=none 2017 volatile
4 Burkina Faso 0 1=banking crisis, 0=none 2017 volatile
4 Bangladesh 0 1=banking crisis, 0=none 2017 volatile
4 Bulgaria 0 1=banking crisis, 0=none 2017 volatile
4 Bahrain 0 1=banking crisis, 0=none 2017 flat
4 Bahamas 0 1=banking crisis, 0=none 2017 flat
4 Bosnia and Herzegovina 0 1=banking crisis, 0=none 2017 volatile
4 Belarus 0 1=banking crisis, 0=none 2017 volatile
4 Belize 0 1=banking crisis, 0=none 2017 flat
4 Bermuda 0 1=banking crisis, 0=none 2017 flat
4 Bolivia 0 1=banking crisis, 0=none 2017 volatile
4 Brazil 0 1=banking crisis, 0=none 2017 volatile
4 Barbados 0 1=banking crisis, 0=none 2017 flat
4 Brunei 0 1=banking crisis, 0=none 2017 flat
4 Bhutan 0 1=banking crisis, 0=none 2017 flat
4 Botswana 0 1=banking crisis, 0=none 2017 flat
4 Central African Republic 0 1=banking crisis, 0=none 2017 volatile
4 Canada 0 1=banking crisis, 0=none 2017 flat
4 Switzerland 0 1=banking crisis, 0=none 2017 volatile
4 Chile 0 1=banking crisis, 0=none 2017 volatile
4 China 0 1=banking crisis, 0=none 2017 volatile
4 Cote d'Ivoire 0 1=banking crisis, 0=none 2017 volatile
4 Cameroon 0 1=banking crisis, 0=none 2017 volatile
4 Democratic Republic of Congo 0 1=banking crisis, 0=none 2017 flat
4 Congo 0 1=banking crisis, 0=none 2017 volatile
4 Colombia 0 1=banking crisis, 0=none 2017 volatile
4 Comoros 0 1=banking crisis, 0=none 2017 flat
4 Cape Verde 0 1=banking crisis, 0=none 2017 volatile
4 Costa Rica 0 1=banking crisis, 0=none 2017 volatile
4 Cuba 0 1=banking crisis, 0=none 2017 flat
4 Curacao 0 1=banking crisis, 0=none 2017 flat
4 Cayman Islands 0 1=banking crisis, 0=none 2017 flat
4 Cyprus 0 1=banking crisis, 0=none 2017 volatile
4 Czechia 0 1=banking crisis, 0=none 2017 volatile
4 Germany 0 1=banking crisis, 0=none 2017 volatile
4 Djibouti 0 1=banking crisis, 0=none 2017 volatile
4 Dominica 0 1=banking crisis, 0=none 2017 flat
4 Denmark 0 1=banking crisis, 0=none 2017 volatile
4 Dominican Republic 0 1=banking crisis, 0=none 2017 volatile
4 Algeria 0 1=banking crisis, 0=none 2017 volatile
4 Ecuador 0 1=banking crisis, 0=none 2017 volatile
4 Egypt 0 1=banking crisis, 0=none 2017 volatile
4 Eritrea 0 1=banking crisis, 0=none 2017 volatile
4 Spain 0 1=banking crisis, 0=none 2017 volatile
4 Estonia 0 1=banking crisis, 0=none 2017 volatile
4 Ethiopia 0 1=banking crisis, 0=none 2017 flat
4 Finland 0 1=banking crisis, 0=none 2017 volatile
4 Fiji 0 1=banking crisis, 0=none 2017 flat
4 France 0 1=banking crisis, 0=none 2017 volatile
4 Faroe Islands 0 1=banking crisis, 0=none 2017 flat
4 Micronesia (country) 0 1=banking crisis, 0=none 2017 flat
4 Gabon 0 1=banking crisis, 0=none 2017 flat
4 United Kingdom 0 1=banking crisis, 0=none 2017 down 100.0% volatile
4 Georgia 0 1=banking crisis, 0=none 2017 volatile
4 Ghana 0 1=banking crisis, 0=none 2017 volatile
4 Gibraltar 0 1=banking crisis, 0=none 2017 flat
4 Guinea 0 1=banking crisis, 0=none 2017 volatile
4 Gambia 0 1=banking crisis, 0=none 2017 flat
4 Equatorial Guinea 0 1=banking crisis, 0=none 2017 volatile
4 Greece 0 1=banking crisis, 0=none 2017 volatile
4 Grenada 0 1=banking crisis, 0=none 2017 flat
4 Greenland 0 1=banking crisis, 0=none 2017 flat
4 Guatemala 0 1=banking crisis, 0=none 2017 flat
4 Guam 0 1=banking crisis, 0=none 2017 flat
4 Guyana 0 1=banking crisis, 0=none 2017 volatile
4 Hong Kong 0 1=banking crisis, 0=none 2017 flat
4 Honduras 0 1=banking crisis, 0=none 2017 flat
4 Croatia 0 1=banking crisis, 0=none 2017 volatile
4 Haiti 0 1=banking crisis, 0=none 2017 volatile
4 Hungary 0 1=banking crisis, 0=none 2017 volatile
4 Indonesia 0 1=banking crisis, 0=none 2017 volatile
4 Isle of Man 0 1=banking crisis, 0=none 2017 flat
4 India 0 1=banking crisis, 0=none 2017 volatile
4 Iran 0 1=banking crisis, 0=none 2017 flat
4 Iraq 0 1=banking crisis, 0=none 2017 flat
4 Iceland 0 1=banking crisis, 0=none 2017 volatile
4 Israel 0 1=banking crisis, 0=none 2017 volatile
4 Italy 0 1=banking crisis, 0=none 2017 volatile
4 Jamaica 0 1=banking crisis, 0=none 2017 volatile
4 Jordan 0 1=banking crisis, 0=none 2017 volatile
4 Japan 0 1=banking crisis, 0=none 2017 volatile
4 Kazakhstan 0 1=banking crisis, 0=none 2017 volatile
4 Kenya 0 1=banking crisis, 0=none 2017 volatile
4 Kyrgyzstan 0 1=banking crisis, 0=none 2017 volatile
4 Cambodia 0 1=banking crisis, 0=none 2017 flat
4 Kiribati 0 1=banking crisis, 0=none 2017 flat
4 Saint Kitts and Nevis 0 1=banking crisis, 0=none 2017 flat
4 South Korea 0 1=banking crisis, 0=none 2017 volatile
4 Kuwait 0 1=banking crisis, 0=none 2017 volatile
4 Laos 0 1=banking crisis, 0=none 2017 flat
4 Lebanon 0 1=banking crisis, 0=none 2017 volatile
4 Liberia 0 1=banking crisis, 0=none 2017 volatile
4 Libya 0 1=banking crisis, 0=none 2017 flat
4 Saint Lucia 0 1=banking crisis, 0=none 2017 flat
4 Sri Lanka 0 1=banking crisis, 0=none 2017 volatile
4 Lesotho 0 1=banking crisis, 0=none 2017 flat
4 Lithuania 0 1=banking crisis, 0=none 2017 volatile
4 Latvia 0 1=banking crisis, 0=none 2017 volatile
4 Macao 0 1=banking crisis, 0=none 2017 flat
4 Morocco 0 1=banking crisis, 0=none 2017 volatile
4 Monaco 0 1=banking crisis, 0=none 2017 flat
4 Madagascar 0 1=banking crisis, 0=none 2017 volatile
4 Maldives 0 1=banking crisis, 0=none 2017 flat
4 Mexico 0 1=banking crisis, 0=none 2017 volatile
4 Marshall Islands 0 1=banking crisis, 0=none 2017 flat
4 North Macedonia 0 1=banking crisis, 0=none 2017 volatile
4 Mali 0 1=banking crisis, 0=none 2017 volatile
4 Myanmar 0 1=banking crisis, 0=none 2017 flat
4 Montenegro 0 1=banking crisis, 0=none 2017 flat
4 Mongolia 0 1=banking crisis, 0=none 2017 volatile
4 Mozambique 0 1=banking crisis, 0=none 2017 volatile
4 Mauritania 0 1=banking crisis, 0=none 2017 volatile
4 Mauritius 0 1=banking crisis, 0=none 2017 flat
4 Malawi 0 1=banking crisis, 0=none 2017 flat
4 Malaysia 0 1=banking crisis, 0=none 2017 volatile
4 Namibia 0 1=banking crisis, 0=none 2017 flat
4 New Caledonia 0 1=banking crisis, 0=none 2017 flat
4 Niger 0 1=banking crisis, 0=none 2017 volatile
4 Nigeria 0 1=banking crisis, 0=none 2017 volatile
4 Nicaragua 0 1=banking crisis, 0=none 2017 volatile
4 Netherlands 0 1=banking crisis, 0=none 2017 volatile
4 Norway 0 1=banking crisis, 0=none 2017 volatile
4 Nepal 0 1=banking crisis, 0=none 2017 volatile
4 Nauru 0 1=banking crisis, 0=none 2017 flat
4 New Zealand 0 1=banking crisis, 0=none 2017 flat
4 Oman 0 1=banking crisis, 0=none 2017 flat
4 Pakistan 0 1=banking crisis, 0=none 2017 flat
4 Panama 0 1=banking crisis, 0=none 2017 volatile
4 Peru 0 1=banking crisis, 0=none 2017 volatile
4 Philippines 0 1=banking crisis, 0=none 2017 volatile
4 Palau 0 1=banking crisis, 0=none 2017 flat
4 Papua New Guinea 0 1=banking crisis, 0=none 2017 flat
4 Poland 0 1=banking crisis, 0=none 2017 volatile
4 Puerto Rico 0 1=banking crisis, 0=none 2017 flat
4 North Korea 0 1=banking crisis, 0=none 2017 flat
4 Portugal 0 1=banking crisis, 0=none 2017 volatile
4 Paraguay 0 1=banking crisis, 0=none 2017 volatile
4 Palestine 0 1=banking crisis, 0=none 2017 flat
4 French Polynesia 0 1=banking crisis, 0=none 2017 flat
4 Qatar 0 1=banking crisis, 0=none 2017 flat
4 Romania 0 1=banking crisis, 0=none 2017 flat
4 Russia 0 1=banking crisis, 0=none 2017 volatile
4 Rwanda 0 1=banking crisis, 0=none 2017 flat
4 Saudi Arabia 0 1=banking crisis, 0=none 2017 flat
4 Sudan 0 1=banking crisis, 0=none 2017 flat
4 Senegal 0 1=banking crisis, 0=none 2017 volatile
4 Singapore 0 1=banking crisis, 0=none 2017 flat
4 Solomon Islands 0 1=banking crisis, 0=none 2017 flat
4 Sierra Leone 0 1=banking crisis, 0=none 2017 volatile
4 El Salvador 0 1=banking crisis, 0=none 2017 volatile
4 San Marino 0 1=banking crisis, 0=none 2017 flat
4 Somalia 0 1=banking crisis, 0=none 2017 flat
4 Serbia 0 1=banking crisis, 0=none 2017 flat
4 South Sudan 0 1=banking crisis, 0=none 2017 flat
4 Sao Tome and Principe 0 1=banking crisis, 0=none 2017 volatile
4 Suriname 0 1=banking crisis, 0=none 2017 flat
4 Slovakia 0 1=banking crisis, 0=none 2017 volatile
4 Slovenia 0 1=banking crisis, 0=none 2017 volatile
4 Sweden 0 1=banking crisis, 0=none 2017 volatile
4 Eswatini 0 1=banking crisis, 0=none 2017 volatile
4 Sint Maarten (Dutch part) 0 1=banking crisis, 0=none 2017 flat
4 Seychelles 0 1=banking crisis, 0=none 2017 flat
4 Syria 0 1=banking crisis, 0=none 2017 flat
4 Turks and Caicos Islands 0 1=banking crisis, 0=none 2017 flat
4 Chad 0 1=banking crisis, 0=none 2017 volatile
4 Togo 0 1=banking crisis, 0=none 2017 volatile
4 Thailand 0 1=banking crisis, 0=none 2017 volatile
4 Tajikistan 0 1=banking crisis, 0=none 2017 flat
4 Turkmenistan 0 1=banking crisis, 0=none 2017 flat
4 East Timor 0 1=banking crisis, 0=none 2017 flat
4 Tonga 0 1=banking crisis, 0=none 2017 flat
4 Trinidad and Tobago 0 1=banking crisis, 0=none 2017 flat
4 Tunisia 0 1=banking crisis, 0=none 2017 volatile
4 Turkey 0 1=banking crisis, 0=none 2017 volatile
4 Tuvalu 0 1=banking crisis, 0=none 2017 flat
4 Tanzania 0 1=banking crisis, 0=none 2017 volatile
4 Uganda 0 1=banking crisis, 0=none 2017 volatile
4 Uruguay 0 1=banking crisis, 0=none 2017 volatile
4 United States 0 1=banking crisis, 0=none 2017 down 100.0% volatile
4 Uzbekistan 0 1=banking crisis, 0=none 2017 flat
4 Saint Vincent and the Grenadines 0 1=banking crisis, 0=none 2017 flat
4 Venezuela 0 1=banking crisis, 0=none 2017 volatile
4 United States Virgin Islands 0 1=banking crisis, 0=none 2017 flat
4 Vietnam 0 1=banking crisis, 0=none 2017 volatile
4 Vanuatu 0 1=banking crisis, 0=none 2017 flat
4 Samoa 0 1=banking crisis, 0=none 2017 flat
4 Yemen 0 1=banking crisis, 0=none 2017 volatile
4 South Africa 0 1=banking crisis, 0=none 2017 flat
4 Zambia 0 1=banking crisis, 0=none 2017 volatile
4 Zimbabwe 0 1=banking crisis, 0=none 2017 volatile

Regions and income groups

Aggregates are excluded from the country ranking above so that a region can never outrank a country.

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.