Morocco

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. 1990
   Sovereign debtgmd, laeven_valencia, rr3 sources
2. 1989
   Sovereign debtrr1 source
3. 1988
   Sovereign debtrr1 source
4. 1987
   Sovereign debtrr1 source
5. 1986
   Sovereign debtrr1 source
6. 1985
   Currencyrr1 source
7. 1984
   Bankinglaeven_valencia, rr2 sources
8. 1983
   Sovereign debtgmd, laeven_valencia, rr3 sources

   Bankinglaeven_valencia, rr2 sources
9. 1982
   Bankinglaeven_valencia1 source
10. 1981
    Currencygmd, laeven_valencia2 sources

    Bankinglaeven_valencia1 source
11. 1980
    Bankinggmd, laeven_valencia2 sources
12. 1959
    Currencyrr1 source
13. 1958
    Currencygmd, rr2 sources
14. 1950
    Currencyrr1 source
15. 1949
    Currencyrr1 source
16. 1947
    Currencygmd, rr2 sources
17. 1944
    Currencyrr1 source
18. 1943
    Currencygmd, rr2 sources
19. 1931
    Currencyrr1 source
20. 1930
    Currencyrr1 source
21. 1929
    Currencygmd, rr2 sources
22. 1921
    Currencyrr1 source
23. 1918
    Currencygmd, rr2 sources
24. 1904
    Sovereign debtrr1 source
25. 1903
    Sovereign debtgmd, rr2 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.

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