Skip to content
FinObservatory

Crisis atlas / MYS

Malaysia

15 distinct crisis events in 5 episodes, 1902–2002, from the union of five primary chronologies.

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

10
Banking crises
5
Currency crises
0
Sovereign debt crises
15
Crisis events
1902–2002
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. 2002
    Bankingrr1 source
  2. 2001
    Bankingrr1 source
  3. 2000
    Bankingrr1 source
  4. 1999
    Bankinglaeven_valencia, rr2 sources
  5. 1998
    Currencygmd, laeven_valencia2 sources
    Bankinglaeven_valencia, rr2 sources
  6. 1997
    Currencyrr1 source
    Bankinggmd, laeven_valencia, rr3 sources
  7. 1988
    Bankingrr1 source
  8. 1987
    Bankingrr1 source
  9. 1986
    Bankingrr1 source
  10. 1985
    Bankinggmd, rr2 sources
  11. 1948
    Currencygmd, rr2 sources
  12. 1920
    Currencygmd, rr2 sources
  13. 1902
    Currencygmd, rr2 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.

1902

Currency

No macro panel coverage for this window.

1920

Currency

No macro panel coverage for this window.

1948

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

1997–2002

BankingCurrency1997–1999: fiscal cost 16.4% of GDP, output loss 31.4% 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