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FinObservatory

Crisis atlas / SLE

Sierra Leone

10 distinct crisis events in 3 episodes, 19771998, from the union of five primary chronologies.

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

5
Banking crises
3
Currency crises
2
Sovereign debt crises
10
Crisis events
1977–1998
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. 1998
    Currencygmd, laeven_valencia2 sources
  2. 1995
    Sovereign debtgmd, laeven_valencia2 sources
  3. 1994
    Bankinglaeven_valencia1 source
  4. 1993
    Bankinglaeven_valencia1 source
  5. 1992
    Bankinglaeven_valencia1 source
  6. 1991
    Bankinglaeven_valencia1 source
  7. 1990
    Bankinggmd, laeven_valencia2 sources
  8. 1989
    Currencygmd, laeven_valencia2 sources
  9. 1983
    Currencygmd, laeven_valencia2 sources
  10. 1977
    Sovereign debtgmd, 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.

1977

Sovereign debt
Inflation (% y/y)
0102030197219771982
Policy rate (%)
051015197219771982
Govt debt (% of GDP)
0204060197219771982

1983

Currency
Inflation (% y/y)
0100200197819831988
Policy rate (%)
01020197819831988
Govt debt (% of GDP)
050100197819831988

1989–1998

CurrencyBankingSovereign debtoutput loss 34.5% of GDP (Laeven-Valencia 2026)
Inflation (% y/y)
-1000100200198419892003
Policy rate (%)
0204060198419892003
Govt debt (% of GDP)
0100200198419892003

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