FinObservatory

Crisis atlas / TWN

Taiwan

21 distinct crisis events in 8 episodes, 19231998, from the union of five primary chronologies.

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

8
Banking crises
13
Currency crises
0
Sovereign debt crises
21
Crisis events
1923–1998
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
    Bankingrr1 source
  2. 1997
    Currencygmd, rr2 sources
    Bankingrr1 source
  3. 1995
    Bankinggmd, rr2 sources
  4. 1984
    Bankingrr1 source
  5. 1983
    Bankinggmd, rr2 sources
  6. 1971
    Currencygmd, rr2 sources
  7. 1956
    Currencyrr1 source
  8. 1955
    Currencygmd, rr2 sources
  9. 1951
    Currencyrr1 source
  10. 1950
    Currencyrr1 source
  11. 1949
    Currencyrr1 source
  12. 1948
    Currencyrr1 source
  13. 1947
    Currencyrr1 source
  14. 1946
    Currencygmd, rr2 sources
  15. 1939
    Currencygmd, rr2 sources
  16. 1932
    Currencygmd, rr2 sources
  17. 1928
    Bankingrr1 source
  18. 1927
    Bankinggmd, rr2 sources
  19. 1924
    Currencygmd, rr2 sources
  20. 1923
    Bankinggmd, 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.

1923–1928

BankingCurrency
Inflation (% y/y)
-2002040191819231933
Policy rate (%)
No data for this window
Govt debt (% of GDP)
No data for this window

1932

Currency
Inflation (% y/y)
-20-10010192719321937
Policy rate (%)
No data for this window
Govt debt (% of GDP)
No data for this window

1939

Currency
Inflation (% y/y)
0204060193419391944
Policy rate (%)
No data for this window
Govt debt (% of GDP)
No data for this window

1946–1951

Currency
Inflation (% y/y)
02k4k6k194119461956
Policy rate (%)
No data for this window
Govt debt (% of GDP)
No data for this window

1955–1956

Currency
Inflation (% y/y)
050100150195019551961
Policy rate (%)
No data for this window
Govt debt (% of GDP)
No data for this window

1971

Currency
Inflation (% y/y)
0204060196619711976
Policy rate (%)
No data for this window
Govt debt (% of GDP)
No data for this window
Inflation (% y/y)
-1001020197819831989
Policy rate (%)
No data for this window
Govt debt (% of GDP)
0246197819831989

1995–1998

BankingCurrency
Inflation (% y/y)
-5-2.502.55199019952003
Policy rate (%)
No data for this window
Govt debt (% of GDP)
02040199019952003

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