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FinObservatory

Crisis atlas / CHE

Switzerland

12 distinct crisis events in 7 episodes, 1870–2009, from the union of five primary chronologies.

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

12
Banking crises
0
Currency crises
0
Sovereign debt crises
12
Crisis events
1870–2009
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. 2009
    Bankinglaeven_valencia1 source
  2. 2008
    Bankinggmd, jst, laeven_valencia3 sources
  3. 1991
    Bankingjst1 source
  4. 1990
    Bankinggmd1 source
  5. 1933
    Bankingrr1 source
  6. 1932
    Bankingrr1 source
  7. 1931
    Bankinggmd, jst, rr3 sources
  8. 1919
    Bankinggmd1 source
  9. 1914
    Bankinggmd1 source
  10. 1910
    Bankingjst1 source
  11. 1871
    Bankingrr1 source
  12. 1870
    Bankinggmd, jst, rr3 sources

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) | Jordà-Schularick-Taylor Macrohistory R6 | Laeven & Valencia (2020, 2026) | 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.

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

1910

Banking
Inflation (% y/y)
Policy rate (%)
Govt debt (% of GDP)

1914

Banking
Inflation (% y/y)
Policy rate (%)
Govt debt (% of GDP)

1919

Banking
Inflation (% y/y)
Policy rate (%)
Govt debt (% of GDP)
Inflation (% y/y)
Policy rate (%)
Govt debt (% of GDP)
Inflation (% y/y)
Policy rate (%)
Govt debt (% of GDP)

2008–2009

Banking2008–2009: fiscal cost 1.1% of GDP, output loss 0.0% of GDP(Laeven-Valencia 2026)
Inflation (% y/y)
Policy rate (%)
Govt debt (% of GDP)

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