FinObservatory

Crisis atlas / SGP

Singapore

9 distinct crisis events in 6 episodes, 18921997, from the union of five primary chronologies.

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

1
Banking crises
8
Currency crises
0
Sovereign debt crises
9
Crisis events
1892–1997
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. 1997
    Currencygmd, rr2 sources
  2. 1982
    Bankingrr1 source
  3. 1950
    Currencygmd, rr2 sources
  4. 1920
    Currencygmd, rr2 sources
  5. 1902
    Currencyrr1 source
  6. 1901
    Currencygmd, rr2 sources
  7. 1894
    Currencyrr1 source
  8. 1893
    Currencyrr1 source
  9. 1892
    Currencygmd, 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.

1892–1894

Currency

No macro panel coverage for this window.

1901–1902

Currency

No macro panel coverage for this window.

1920

Currency

No macro panel coverage for this window.

1950

Currency
Inflation (% y/y)
-100102030194519501955
Policy rate (%)
No data for this window
Govt debt (% of GDP)
No data for this window

1982

Banking
Inflation (% y/y)
-50510197719821987
Policy rate (%)
0123197719821987
Govt debt (% of GDP)
050100197719821987

1997

Currency
Inflation (% y/y)
-2024199219972002
Policy rate (%)
0123199219972002
Govt debt (% of GDP)
050100199219972002

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