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FinObservatory

Crisis atlas / LBN

Lebanon

11 distinct crisis events in 3 episodes, 1984–2023, from the union of five primary chronologies.

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

9
Banking crises
2
Currency crises
0
Sovereign debt crises
11
Crisis events
1984–2023
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. 2023
    Bankinglaeven_valencia1 source
  2. 2022
    Bankinglaeven_valencia1 source
  3. 2021
    Bankinglaeven_valencia1 source
  4. 2020
    Bankinglaeven_valencia1 source
  5. 2019
    Bankinglaeven_valencia1 source
  6. 1993
    Bankinglaeven_valencia1 source
  7. 1992
    Bankinglaeven_valencia1 source
  8. 1991
    Bankinglaeven_valencia1 source
  9. 1990
    Currencygmd, laeven_valencia2 sources
    Bankinggmd, laeven_valencia2 sources
  10. 1984
    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.

1984

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

1990–1993

BankingCurrency1990–1993: output loss 102.2% of GDP(Laeven-Valencia 2026)
Inflation (% y/y)
Policy rate (%)
Govt debt (% of GDP)

2019–2023

Banking2019–2023: output loss 133.5% 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