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FinObservatory

Crisis atlas / KGZ

Kyrgyzstan

6 distinct crisis events in 1 episode, 19951999, from the union of five primary chronologies.

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

5
Banking crises
1
Currency crises
0
Sovereign debt crises
6
Crisis events
1995–1999
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. 1999
    Bankinglaeven_valencia1 source
  2. 1998
    Bankinglaeven_valencia1 source
  3. 1997
    Currencygmd, laeven_valencia2 sources
    Bankinglaeven_valencia1 source
  4. 1996
    Bankinglaeven_valencia1 source
  5. 1995
    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.

1995–1999

BankingCurrency
Inflation (% y/y)
-50005001k1.5k199019952004
Policy rate (%)
0100200300199019952004
Govt debt (% of GDP)
050100150199019952004

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