FinObservatory

Crisis atlas / AUT

Austria

91 distinct crisis events in 7 episodes, 1800–2021, from the union of five primary chronologies.

Debt profile: government debt trajectory and crisis-start levels →

17
Banking crises
35
Currency crises
39
Sovereign debt crises
91
Crisis events
1800–2021
Span

Crisis timeline

Every distinct (year, type) event, most recent first, with the chronologies flagging it. Start-year sources (GMD, JST) do not mark continuation years, so long episodes show lower agreement after their first year.

  1. 2021
    Bankingesrb1 source
  2. 2020
    Bankingesrb1 source
  3. 2014
    Bankingesrb1 source
  4. 2013
    Bankingesrb1 source
  5. 2012
    Bankingesrb, laeven_valencia2 sources
  6. 2011
    Bankingesrb, laeven_valencia, rr3 sources
  7. 2010
    Bankingesrb, laeven_valencia, rr3 sources
  8. 2009
    Bankingesrb, laeven_valencia, rr3 sources
  9. 2008
    Bankingesrb, gmd, laeven_valencia, rr4 sources
  10. 2007
    Bankingesrb1 source
  11. 2005
    Currencyrr1 source
  12. 1952
    Sovereign debtrr1 source
  13. 1951
    Sovereign debtrr1 source
  14. 1950
    Sovereign debtrr1 source
    Currencyrr1 source
  15. 1949
    Sovereign debtrr1 source
    Currencyrr1 source
  16. 1948
    Sovereign debtrr1 source
    Currencyrr1 source
  17. 1947
    Sovereign debtrr1 source
    Currencyrr1 source
  18. 1946
    Sovereign debtrr1 source
    Currencyrr1 source
  19. 1945
    Sovereign debtgmd, rr2 sources
    Currencygmd, rr2 sources
  20. 1944
    Sovereign debtrr1 source
  21. 1943
    Sovereign debtrr1 source
  22. 1942
    Sovereign debtrr1 source
  23. 1941
    Sovereign debtrr1 source
  24. 1940
    Sovereign debtrr1 source
  25. 1938
    Sovereign debtgmd, rr2 sources
  26. 1933
    Sovereign debtrr1 source
    Currencygmd, rr2 sources
    Bankingrr1 source
  27. 1932
    Sovereign debtgmd, rr2 sources
    Bankingrr1 source
  28. 1931
    Bankinggmd, rr2 sources
  29. 1929
    Bankingrr1 source
  30. 1924
    Bankinggmd, rr2 sources
  31. 1923
    Currencyrr1 source
  32. 1922
    Sovereign debtrr1 source
    Currencyrr1 source
  33. 1921
    Sovereign debtrr1 source
    Currencyrr1 source
  34. 1920
    Sovereign debtgmd, rr2 sources
    Currencyrr1 source
  35. 1919
    Currencyrr1 source
  36. 1918
    Currencyrr1 source
  37. 1915
    Sovereign debtrr1 source
    Currencygmd, rr2 sources
  38. 1914
    Sovereign debtgmd, rr2 sources
  39. 1874
    Bankingrr1 source
  40. 1873
    Bankinggmd, rr2 sources
  41. 1870
    Sovereign debtrr1 source
  42. 1869
    Sovereign debtrr1 source
  43. 1868
    Sovereign debtgmd, rr2 sources
  44. 1866
    Currencyrr1 source
  45. 1863
    Currencygmd, rr2 sources
  46. 1860
    Currencyrr1 source
  47. 1859
    Currencyrr1 source
  48. 1856
    Currencygmd, rr2 sources
  49. 1853
    Currencyrr1 source
  50. 1851
    Currencyrr1 source
  51. 1850
    Currencygmd, rr2 sources
  52. 1817
    Currencyrr1 source
  53. 1816
    Sovereign debtrr1 source
    Currencyrr1 source
  54. 1815
    Sovereign debtrr1 source
    Currencygmd, rr2 sources
  55. 1814
    Sovereign debtrr1 source
  56. 1813
    Sovereign debtrr1 source
  57. 1812
    Sovereign debtrr1 source
    Currencyrr1 source
  58. 1811
    Sovereign debtrr1 source
    Currencyrr1 source
  59. 1810
    Sovereign debtrr1 source
    Currencyrr1 source
  60. 1809
    Sovereign debtrr1 source
    Currencyrr1 source
  61. 1808
    Sovereign debtrr1 source
    Currencyrr1 source
  62. 1807
    Sovereign debtrr1 source
    Currencyrr1 source
  63. 1806
    Sovereign debtrr1 source
  64. 1805
    Sovereign debtrr1 source
  65. 1804
    Sovereign debtrr1 source
    Currencygmd, rr2 sources
  66. 1803
    Sovereign debtrr1 source
  67. 1802
    Sovereign debtgmd, rr2 sources
  68. 1801
    Currencyrr1 source
  69. 1800
    Currencygmd, rr2 sources

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) | Jordà-Schularick-Taylor Macrohistory R6 | Laeven & Valencia (2020) | Reinhart-Rogoff via HBS BFFS | ECB/ESRB Financial Crises Database Methodology

Macro context around each episode

Inflation, central-bank policy rate, and government debt in a window of five years either side of each crisis episode (consecutive crisis years bridged across gaps of up to two years). Crisis years shaded.

1800–1817

CurrencySovereign debt
Inflation (% y/y)
-100010020018001822
Policy rate (%)
No data for this window
Govt debt (% of GDP)
No data for this window

1850–1874

CurrencySovereign debtBanking
Inflation (% y/y)
-1001020184518501879
Policy rate (%)
0246184518501879
Govt debt (% of GDP)
No data for this window

1914–1924

Sovereign debtCurrencyBanking
Inflation (% y/y)
-1k01k2k3k190919141929
Policy rate (%)
0246190919141929
Govt debt (% of GDP)
0255075190919141929

1929–1933

BankingSovereign debtCurrency
Inflation (% y/y)
-1001020192419291938
Policy rate (%)
024192419291938
Govt debt (% of GDP)
0204060192419291938

1938–1952

Sovereign debtCurrency
Inflation (% y/y)
-50050100150193319381957
Policy rate (%)
0246193319381957
Govt debt (% of GDP)
0204060193319381957

2005–2014

CurrencyBankingFiscal cost 5.1% of GDP, output loss 19.2% of GDP (Laeven-Valencia 2026)
Inflation (% y/y)
024200020052019
Policy rate (%)
-2024200020052019
Govt debt (% of GDP)
050100200020052019

2020–2021

Banking
Inflation (% y/y)
0510201520202025
Policy rate (%)
-2024201520202025
Govt debt (% of GDP)
050100201520202025

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) Inflation is % year over year; policy rate is the central-bank rate in %; government debt is % of GDP. Methodology