Crisis atlas / UKR
Ukraine
16 distinct crisis events in 3 episodes, 1998–2018, from the union of five primary chronologies.
Debt profile: government debt trajectory and crisis-start levels →
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.
- 2018Bankinglaeven_valencia1 source
- 2017Bankinglaeven_valencia1 source
- 2016Bankinglaeven_valencia1 source
- 2015Sovereign debtgmd, laeven_valencia2 sourcesBankinglaeven_valencia1 source
- 2014Currencygmd, laeven_valencia2 sourcesBankinggmd, laeven_valencia2 sources
- 2010Bankinglaeven_valencia1 source
- 2009Currencygmd, laeven_valencia2 sourcesBankinglaeven_valencia1 source
- 2008Bankinggmd, laeven_valencia2 sources
- 1999Sovereign debtlaeven_valencia1 sourceBankinglaeven_valencia1 source
- 1998Sovereign debtgmd, laeven_valencia2 sourcesCurrencygmd, laeven_valencia2 sourcesBankinggmd, 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.
1998–1999
BankingCurrencySovereign debtFiscal cost 0.0% of GDP, output loss 0.0% of GDP (Laeven-Valencia 2026)2014–2018
BankingCurrencySovereign debtFiscal cost 13.9% of GDP, output loss 75.5% of GDP (Laeven-Valencia 2026)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