Banking crisis dummy in Zambia
Zambia: Banking crisis dummy was 0 1=banking crisis, 0=none in 2017. ◆ Volatile
Banking crisis dummy in Zambia, 1970–2017
Source: Luc Laeven and Fabián Valencia, 2012. “Systemic Banking Crises Database: An Update”, IMF Working Paper WP/12/163. Measured in 1=banking crisis, 0=none.
Analysis
Zambia recorded 0 1=banking crisis, 0=none for banking crisis dummy in 2017. That is the lowest value across all 48 years on record.
Over the whole period, banking crisis dummy in Zambia peaked at 1 1=banking crisis, 0=none in 1995 and was at its lowest, 0 1=banking crisis, 0=none, in 1970.
That places Zambia 4th out of 212 countries with data for 2017, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 10 |
| 1980s | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 10 |
| 1990s | 0.4 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 1 1=banking crisis, 0=none | 10 |
| 2000s | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 10 |
| 2010s | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 0 1=banking crisis, 0=none | 8 |
Countries ranked near Zambia
- 1 Guinea-Bissau 1 1=banking crisis, 0=none compare
- 1 Republic of Moldova 1 1=banking crisis, 0=none compare
- 1 Ukraine 1 1=banking crisis, 0=none compare
- 4 Afghanistan 0 1=banking crisis, 0=none
- 4 Albania 0 1=banking crisis, 0=none compare
- 4 Algeria 0 1=banking crisis, 0=none compare
- 4 Andorra 0 1=banking crisis, 0=none
- 4 Angola 0 1=banking crisis, 0=none
- 4 Antigua and Barbuda 0 1=banking crisis, 0=none
- 4 Argentina 0 1=banking crisis, 0=none compare
- 4 Armenia 0 1=banking crisis, 0=none compare
- 4 Aruba 0 1=banking crisis, 0=none
- 4 Australia 0 1=banking crisis, 0=none
- 4 Austria 0 1=banking crisis, 0=none compare
- 4 Azerbaijan 0 1=banking crisis, 0=none compare
- 4 Bahamas 0 1=banking crisis, 0=none
- 4 Bahrain 0 1=banking crisis, 0=none
- 4 Bangladesh 0 1=banking crisis, 0=none compare
- 4 Barbados 0 1=banking crisis, 0=none
- 4 Belarus 0 1=banking crisis, 0=none compare
- 4 Belgium 0 1=banking crisis, 0=none compare
- 4 Belize 0 1=banking crisis, 0=none
- 4 Benin 0 1=banking crisis, 0=none compare
- 4 Bermuda 0 1=banking crisis, 0=none
- 4 Bhutan 0 1=banking crisis, 0=none
- 4 Bolivia (Plurinational State of) 0 1=banking crisis, 0=none compare
- 4 Bosnia and Herzegovina 0 1=banking crisis, 0=none compare
- 4 Botswana 0 1=banking crisis, 0=none
- 4 Brazil 0 1=banking crisis, 0=none compare
- 4 Brunei Darussalam 0 1=banking crisis, 0=none
- 4 Bulgaria 0 1=banking crisis, 0=none compare
- 4 Burkina Faso 0 1=banking crisis, 0=none compare
- 4 Burundi 0 1=banking crisis, 0=none compare
- 4 Cabo Verde 0 1=banking crisis, 0=none compare
- 4 Cambodia 0 1=banking crisis, 0=none
- 4 Cameroon 0 1=banking crisis, 0=none compare
- 4 Canada 0 1=banking crisis, 0=none
- 4 Cayman Islands 0 1=banking crisis, 0=none
- 4 Central African Republic 0 1=banking crisis, 0=none compare
- 4 Chad 0 1=banking crisis, 0=none compare
- 4 Chile 0 1=banking crisis, 0=none compare
- 4 China (People’s Republic of) 0 1=banking crisis, 0=none compare
- 4 Colombia 0 1=banking crisis, 0=none compare
- 4 Comoros 0 1=banking crisis, 0=none
- 4 Democratic Republic of the Congo 0 1=banking crisis, 0=none
- 4 Congo 0 1=banking crisis, 0=none compare
- 4 Costa Rica 0 1=banking crisis, 0=none compare
- 4 Côte d'Ivoire 0 1=banking crisis, 0=none compare
- 4 Croatia 0 1=banking crisis, 0=none compare
- 4 Cuba 0 1=banking crisis, 0=none
- 4 Curaçao 0 1=banking crisis, 0=none
- 4 Cyprus 0 1=banking crisis, 0=none compare
- 4 Czechia 0 1=banking crisis, 0=none compare
- 4 Denmark 0 1=banking crisis, 0=none compare
- 4 Djibouti 0 1=banking crisis, 0=none compare
- 4 Dominica 0 1=banking crisis, 0=none
- 4 Dominican Republic 0 1=banking crisis, 0=none compare
- 4 Ecuador 0 1=banking crisis, 0=none compare
- 4 Egypt 0 1=banking crisis, 0=none compare
- 4 El Salvador 0 1=banking crisis, 0=none compare
- 4 Equatorial Guinea 0 1=banking crisis, 0=none compare
- 4 Eritrea 0 1=banking crisis, 0=none compare
- 4 Estonia 0 1=banking crisis, 0=none compare
- 4 Eswatini 0 1=banking crisis, 0=none compare
- 4 Ethiopia 0 1=banking crisis, 0=none
- 4 Faroe Islands 0 1=banking crisis, 0=none
- 4 Fiji 0 1=banking crisis, 0=none
- 4 Finland 0 1=banking crisis, 0=none compare
- 4 France 0 1=banking crisis, 0=none compare
- 4 French Polynesia 0 1=banking crisis, 0=none
- 4 Gabon 0 1=banking crisis, 0=none
- 4 Gambia 0 1=banking crisis, 0=none
- 4 Georgia 0 1=banking crisis, 0=none compare
- 4 Germany 0 1=banking crisis, 0=none compare
- 4 Ghana 0 1=banking crisis, 0=none compare
- 4 Gibraltar 0 1=banking crisis, 0=none
- 4 Greece 0 1=banking crisis, 0=none compare
- 4 Greenland 0 1=banking crisis, 0=none
- 4 Grenada 0 1=banking crisis, 0=none
- 4 Guam 0 1=banking crisis, 0=none
- 4 Guatemala 0 1=banking crisis, 0=none
- 4 Guinea 0 1=banking crisis, 0=none compare
- 4 Guyana 0 1=banking crisis, 0=none compare
- 4 Haiti 0 1=banking crisis, 0=none compare
- 4 Honduras 0 1=banking crisis, 0=none
- 4 Hong Kong (China) 0 1=banking crisis, 0=none
- 4 Hungary 0 1=banking crisis, 0=none compare
- 4 Iceland 0 1=banking crisis, 0=none compare
- 4 India 0 1=banking crisis, 0=none compare
- 4 Indonesia 0 1=banking crisis, 0=none compare
- 4 Iran (Islamic Republic of) 0 1=banking crisis, 0=none
- 4 Iraq 0 1=banking crisis, 0=none
- 4 Ireland 0 1=banking crisis, 0=none compare
- 4 Isle of Man 0 1=banking crisis, 0=none
- 4 Israel 0 1=banking crisis, 0=none compare
- 4 Italy 0 1=banking crisis, 0=none compare
- 4 Jamaica 0 1=banking crisis, 0=none compare
- 4 Japan 0 1=banking crisis, 0=none compare
- 4 Jordan 0 1=banking crisis, 0=none compare
- 4 Kazakhstan 0 1=banking crisis, 0=none compare
- 4 Kenya 0 1=banking crisis, 0=none compare
- 4 Kiribati 0 1=banking crisis, 0=none
- 4 Democratic People's Republic of Korea 0 1=banking crisis, 0=none
- 4 Korea 0 1=banking crisis, 0=none compare
- 4 Kosovo 0 1=banking crisis, 0=none
- 4 Kuwait 0 1=banking crisis, 0=none compare
- 4 Kyrgyzstan 0 1=banking crisis, 0=none compare
- 4 Lao People's Democratic Republic 0 1=banking crisis, 0=none
- 4 Latvia 0 1=banking crisis, 0=none compare
- 4 Lebanon 0 1=banking crisis, 0=none compare
- 4 Lesotho 0 1=banking crisis, 0=none
- 4 Liberia 0 1=banking crisis, 0=none compare
- 4 Libya 0 1=banking crisis, 0=none
- 4 Liechtenstein 0 1=banking crisis, 0=none
- 4 Lithuania 0 1=banking crisis, 0=none compare
- 4 Luxembourg 0 1=banking crisis, 0=none compare
- 4 Macau, China 0 1=banking crisis, 0=none
- 4 Madagascar 0 1=banking crisis, 0=none compare
- 4 Malawi 0 1=banking crisis, 0=none
- 4 Malaysia 0 1=banking crisis, 0=none compare
- 4 Maldives 0 1=banking crisis, 0=none
- 4 Mali 0 1=banking crisis, 0=none compare
- 4 Malta 0 1=banking crisis, 0=none
- 4 Marshall Islands 0 1=banking crisis, 0=none
- 4 Mauritania 0 1=banking crisis, 0=none compare
- 4 Mauritius 0 1=banking crisis, 0=none
- 4 Mexico 0 1=banking crisis, 0=none compare
- 4 Micronesia (Federated States of) 0 1=banking crisis, 0=none
- 4 Monaco 0 1=banking crisis, 0=none
- 4 Mongolia 0 1=banking crisis, 0=none compare
- 4 Montenegro 0 1=banking crisis, 0=none
- 4 Morocco 0 1=banking crisis, 0=none compare
- 4 Mozambique 0 1=banking crisis, 0=none compare
- 4 Myanmar 0 1=banking crisis, 0=none
- 4 Namibia 0 1=banking crisis, 0=none
- 4 Nauru 0 1=banking crisis, 0=none
- 4 Nepal 0 1=banking crisis, 0=none compare
- 4 Netherlands 0 1=banking crisis, 0=none compare
- 4 New Caledonia 0 1=banking crisis, 0=none
- 4 New Zealand 0 1=banking crisis, 0=none
- 4 Nicaragua 0 1=banking crisis, 0=none compare
- 4 Niger 0 1=banking crisis, 0=none compare
- 4 Nigeria 0 1=banking crisis, 0=none compare
- 4 North Macedonia 0 1=banking crisis, 0=none compare
- 4 Norway 0 1=banking crisis, 0=none compare
- 4 Oman 0 1=banking crisis, 0=none
- 4 Pakistan 0 1=banking crisis, 0=none
- 4 Palau 0 1=banking crisis, 0=none
- 4 Panama 0 1=banking crisis, 0=none compare
- 4 Papua New Guinea 0 1=banking crisis, 0=none
- 4 Paraguay 0 1=banking crisis, 0=none compare
- 4 Peru 0 1=banking crisis, 0=none compare
- 4 Philippines 0 1=banking crisis, 0=none compare
- 4 Poland 0 1=banking crisis, 0=none compare
- 4 Portugal 0 1=banking crisis, 0=none compare
- 4 Puerto Rico 0 1=banking crisis, 0=none
- 4 Qatar 0 1=banking crisis, 0=none
- 4 Romania 0 1=banking crisis, 0=none
- 4 Russia 0 1=banking crisis, 0=none compare
- 4 Rwanda 0 1=banking crisis, 0=none
- 4 Samoa 0 1=banking crisis, 0=none
- 4 San Marino 0 1=banking crisis, 0=none
- 4 Sao Tome and Principe 0 1=banking crisis, 0=none compare
- 4 Saudi Arabia 0 1=banking crisis, 0=none
- 4 Senegal 0 1=banking crisis, 0=none compare
- 4 Serbia 0 1=banking crisis, 0=none
- 4 Seychelles 0 1=banking crisis, 0=none
- 4 Sierra Leone 0 1=banking crisis, 0=none compare
- 4 Singapore 0 1=banking crisis, 0=none
- 4 Sint Maarten 0 1=banking crisis, 0=none
- 4 Slovak Republic 0 1=banking crisis, 0=none compare
- 4 Slovenia 0 1=banking crisis, 0=none compare
- 4 Solomon Islands 0 1=banking crisis, 0=none
- 4 Somalia 0 1=banking crisis, 0=none
- 4 South Africa 0 1=banking crisis, 0=none
- 4 South Sudan 0 1=banking crisis, 0=none
- 4 Spain 0 1=banking crisis, 0=none compare
- 4 Sri Lanka 0 1=banking crisis, 0=none compare
- 4 Saint Kitts and Nevis 0 1=banking crisis, 0=none
- 4 Saint Lucia 0 1=banking crisis, 0=none
- 4 Saint Vincent and the Grenadines 0 1=banking crisis, 0=none
- 4 Sudan 0 1=banking crisis, 0=none
- 4 Suriname 0 1=banking crisis, 0=none
- 4 Sweden 0 1=banking crisis, 0=none compare
- 4 Switzerland 0 1=banking crisis, 0=none compare
- 4 Syrian Arab Republic 0 1=banking crisis, 0=none
- 4 Tajikistan 0 1=banking crisis, 0=none
- 4 United Republic of Tanzania 0 1=banking crisis, 0=none compare
- 4 Thailand 0 1=banking crisis, 0=none compare
- 4 Timor-Leste 0 1=banking crisis, 0=none
- 4 Togo 0 1=banking crisis, 0=none compare
- 4 Tonga 0 1=banking crisis, 0=none
- 4 Trinidad and Tobago 0 1=banking crisis, 0=none
- 4 Tunisia 0 1=banking crisis, 0=none compare
- 4 Türkiye 0 1=banking crisis, 0=none compare
- 4 Turkmenistan 0 1=banking crisis, 0=none
- 4 Turks and Caicos Islands 0 1=banking crisis, 0=none
- 4 Tuvalu 0 1=banking crisis, 0=none
- 4 Uganda 0 1=banking crisis, 0=none compare
- 4 United Arab Emirates 0 1=banking crisis, 0=none
- 4 United Kingdom 0 1=banking crisis, 0=none compare
- 4 United States 0 1=banking crisis, 0=none compare
- 4 Uruguay 0 1=banking crisis, 0=none compare
- 4 Uzbekistan 0 1=banking crisis, 0=none
- 4 Vanuatu 0 1=banking crisis, 0=none
- 4 Venezuela (Bolivarian Republic of) 0 1=banking crisis, 0=none compare
- 4 Viet Nam 0 1=banking crisis, 0=none compare
- 4 Virgin Islands U.S. 0 1=banking crisis, 0=none
- 4 State of Palestine 0 1=banking crisis, 0=none
- 4 Yemen 0 1=banking crisis, 0=none compare
- 4 Zimbabwe 0 1=banking crisis, 0=none compare
More financial sector data for Zambia
- Net domestic credit (current LCU), per capita 7,869 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 5.97 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.4 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2020)
- Gold reserves at market value 0 SDR (2020)
- Reserves excluding gold, foreign exchange 1.08 billion SDR (2024)
- Reserves excluding gold 3.14 billion SDR (2024)
- Total reserves (gold at market value) 3.14 billion SDR (2024)
- Total reserves (gold at national valuation) 3.14 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 147.13 SDR per person (2024)
Frequently asked questions
- What is banking crisis dummy in Zambia?
- Banking crisis dummy in Zambia was 0 1=banking crisis, 0=none in 2017, according to Luc Laeven and Fabián Valencia, 2012. “Systemic Banking Crises Database: An Update”, IMF Working Paper WP/12/163.
- What is the highest banking crisis dummy recorded in Zambia?
- The highest recorded value was 1 1=banking crisis, 0=none in 1995.
- What is the lowest banking crisis dummy recorded in Zambia?
- The lowest recorded value was 0 1=banking crisis, 0=none in 1970.
- How does Zambia rank for banking crisis dummy?
- Zambia ranks 4th out of 212 countries with data for 2017.
- Where does this Zambia data come from?
- The figures come from Luc Laeven and Fabián Valencia, 2012. “Systemic Banking Crises Database: An Update”, IMF Working Paper WP/12/163, published as part of Banking crisis dummy (1=banking crisis, 0=none). Statizoid updates them automatically from the source API.
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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.