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
116
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
10,257
What the numbers show
Banking crisis dummy (1=banking crisis, 0=none) is currently reported for 116 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 0.0259 1=banking crisis, 0=none.
Banking crisis dummy: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 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 | Albania | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Argentina | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Armenia | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 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 | Bosnia and Herzegovina | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Belarus | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Bolivia | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Brazil | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Central African Republic | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 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 | Congo | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Colombia | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Cape Verde | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Costa Rica | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 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 | 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 | Finland | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | France | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 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 | Guinea | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Equatorial Guinea | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Greece | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Guyana | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 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 | India | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Ireland | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 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 | South Korea | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Kuwait | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Lebanon | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Liberia | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Sri Lanka | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Lithuania | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Luxembourg | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Latvia | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Morocco | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Madagascar | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Mexico | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | North Macedonia | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Mali | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 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 | Malaysia | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 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 | 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 | Poland | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Portugal | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Paraguay | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Russia | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Senegal | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Sierra Leone | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | El Salvador | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Sao Tome and Principe | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 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 | 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 | Tunisia | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Turkey | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 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 | Venezuela | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Vietnam | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Yemen | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Zambia | 0 1=banking crisis, 0=none | 2017 | — | volatile |
| 4 | Zimbabwe | 0 1=banking crisis, 0=none | 2017 | — | volatile |
About this data
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.