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FinObservatory

Crisis atlas / UGA

Uganda

5 distinct crisis events in 3 episodes, 19801994, from the union of five primary chronologies.

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

1
Banking crises
2
Currency crises
2
Sovereign debt crises
5
Crisis events
1980–1994
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. 1994
    Bankinggmd, laeven_valencia2 sources
  2. 1993
    Sovereign debtgmd, laeven_valencia2 sources
  3. 1988
    Currencygmd, laeven_valencia2 sources
  4. 1981
    Sovereign debtgmd, laeven_valencia2 sources
  5. 1980
    Currencygmd, 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.

1980–1981

CurrencySovereign debt
Inflation (% y/y)
050100150197519801986
Policy rate (%)
02040197519801986
Govt debt (% of GDP)
02040197519801986

1988

Currency
Inflation (% y/y)
0100200300198319881993
Policy rate (%)
0204060198319881993
Govt debt (% of GDP)
0100200198319881993

1993–1994

Sovereign debtBankingoutput loss 0.0% of GDP (Laeven-Valencia 2026)
Inflation (% y/y)
0100200198819931999
Policy rate (%)
0204060198819931999
Govt debt (% of GDP)
0100200198819931999

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