FinObservatory

Crisis atlas / JOR

Jordan

6 distinct crisis events in 1 episode, 19891993, from the union of five primary chronologies.

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

3
Banking crises
1
Currency crises
2
Sovereign debt crises
6
Crisis events
1989–1993
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. 1993
    Sovereign debtgmd, laeven_valencia2 sources
  2. 1991
    Bankinglaeven_valencia1 source
  3. 1990
    Bankinglaeven_valencia1 source
  4. 1989
    Sovereign debtgmd, laeven_valencia2 sources
    Currencygmd, laeven_valencia2 sources
    Bankinggmd, laeven_valencia2 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.

1989–1993

BankingCurrencySovereign debtFiscal cost 10.0% of GDP, output loss 106.4% of GDP (Laeven-Valencia 2026)
Inflation (% y/y)
-100102030198419891998
Policy rate (%)
0510198419891998
Govt debt (% of GDP)
0100200300198419891998

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