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FinObservatory

Crisis atlas / COD

Congo DR

18 distinct crisis events in 5 episodes, 1976–2016, from the union of five primary chronologies.

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

9
Banking crises
7
Currency crises
2
Sovereign debt crises
18
Crisis events
1976–2016
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. 2016
    Currencygmd, laeven_valencia2 sources
  2. 2009
    Currencygmd, laeven_valencia2 sources
  3. 1999
    Currencygmd, laeven_valencia2 sources
  4. 1998
    Bankinglaeven_valencia1 source
  5. 1997
    Bankinglaeven_valencia1 source
  6. 1996
    Bankinglaeven_valencia1 source
  7. 1995
    Bankinglaeven_valencia1 source
  8. 1994
    Currencygmd, laeven_valencia2 sources
    Bankinglaeven_valencia1 source
  9. 1993
    Bankinglaeven_valencia1 source
  10. 1992
    Bankinglaeven_valencia1 source
  11. 1991
    Bankinggmd, laeven_valencia2 sources
  12. 1989
    Sovereign debtgmd, laeven_valencia2 sources
    Currencygmd, laeven_valencia2 sources
  13. 1983
    Currencygmd, laeven_valencia2 sources
    Bankinggmd, laeven_valencia2 sources
  14. 1976
    Sovereign debtgmd, laeven_valencia2 sources
    Currencygmd, laeven_valencia2 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.

1976

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

1983

BankingCurrency1983: output loss 1.4% of GDP(Laeven-Valencia 2026)
Inflation (% y/y)
Policy rate (%)
No data for this window
Govt debt (% of GDP)

1989–1999

CurrencySovereign debtBanking1991–1994: output loss 129.5% of GDP1994–1998: output loss 79.0% of GDP(Laeven-Valencia 2026)
Inflation (% y/y)
Policy rate (%)
Govt debt (% of GDP)

2009

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

2016

Currency
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