Crisis atlas / URY / 1963–1997
Uruguay, 1963–1997
One crisis episode: distinct crisis years merged across gaps of up to two non-crisis years. Types, source agreement, and macro context are drawn from the union of five primary chronologies.
Crisis years in this episode
Every distinct (year, type) event inside the 1963–1997 window, with the chronologies flagging it and the count of agreeing sources. Start-year sources (GMD, JST) mark only the first year, so agreement falls in the continuation years.
- 1963Currencygmd, rr2 sources
- 1964Currencyrr1 source
- 1965Currencyrr1 sourceSovereign debtgmd, rr2 sources
- 1967Currencygmd, rr2 sources
- 1968Currencyrr1 source
- 1970Currencyrr1 source
- 1971Bankingrr1 sourceCurrencyrr1 source
- 1972Currencygmd, laeven_valencia, rr3 sources
- 1974Currencyrr1 source
- 1975Currencyrr1 source
- 1976Currencyrr1 source
- 1977Currencyrr1 source
- 1978Currencyrr1 source
- 1979Currencyrr1 source
- 1980Currencyrr1 source
- 1981Bankinggmd, laeven_valencia, rr3 sourcesCurrencyrr1 source
- 1982Bankinglaeven_valencia, rr2 sourcesCurrencyrr1 source
- 1983Bankinglaeven_valencia, rr2 sourcesCurrencygmd, laeven_valencia, rr3 sourcesSovereign debtgmd, laeven_valencia, rr3 sources
- 1984Bankinglaeven_valencia, rr2 sourcesCurrencyrr1 sourceSovereign debtrr1 source
- 1985Bankinglaeven_valencia, rr2 sourcesCurrencyrr1 sourceSovereign debtrr1 source
- 1986Currencyrr1 source
- 1987Currencyrr1 sourceSovereign debtrr1 source
- 1988Currencyrr1 source
- 1989Currencyrr1 source
- 1990Currencygmd, laeven_valencia, rr3 sourcesSovereign debtrr1 source
- 1991Currencyrr1 sourceSovereign debtgmd, laeven_valencia, rr3 sources
- 1992Currencyrr1 source
- 1993Currencyrr1 source
- 1994Currencyrr1 source
- 1995Currencyrr1 source
- 1996Currencyrr1 source
- 1997Currencyrr1 source
Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) | Jordà-Schularick-Taylor Macrohistory R6 | Laeven & Valencia (2020, 2026) | Reinhart-Rogoff via HBS BFFS | ECB/ESRB Financial Crises Database Methodology
Laeven-Valencia banking-crisis detail
Episode-level fiscal cost and output loss from the systemic banking crises database. Fiscal cost is the gross outlay of banking-sector rescues; output loss is the cumulative deviation of real GDP from its pre-crisis trend, both as a percent of GDP.
Source: Laeven & Valencia (2026), IMF WP/26/94, Systemic Banking Crises Database 1970-2025 Methodology
Macro context, 1956–2004
Seven years either side of the episode. Each panel has its own scale; the crisis window is shaded. Only indicators with data for Uruguay in this window are shown. Bank credit growth (year over year in total loans) is available for the 18 Jordà-Schularick-Taylor advanced economies.
Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) | Jordà-Schularick-Taylor Macrohistory R6 (credit) Real GDP growth is derived as the year-over-year change in real GDP; current account and government debt are percent of GDP; policy rate is the central-bank rate; bank credit growth is the year-over-year change in JST total loans. Methodology
How each source dates this episode
The chronologies disagree on start years and durations. This table is generated from the event rows, not curated: it lists, per crisis type, which source flags which years inside the window.
- Global Macro Database1963, 1967, 1972, 1983, 1990
- Reinhart-Rogoff1963, 1964, 1965, 1967, 1968, 1970, 1971, 1972, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997
- Laeven-Valencia1972, 1983, 1990
- Global Macro Database1965, 1983, 1991
- Reinhart-Rogoff1965, 1983, 1984, 1985, 1987, 1990, 1991
- Laeven-Valencia1983, 1991
- Reinhart-Rogoff1971, 1981, 1982, 1983, 1984, 1985
- Global Macro Database1981
- Laeven-Valencia1981, 1982, 1983, 1984, 1985
Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) | Jordà-Schularick-Taylor Macrohistory R6 | Laeven & Valencia (2020, 2026) | Reinhart-Rogoff via HBS BFFS | ECB/ESRB Financial Crises Database Methodology
Documented policy responses
9 interventions from the Metrick-Schmelzing banking-crisis database whose recorded year falls inside this episode window (1963–1997). Each row is one documented government or central-bank action, tagged with the database’s own intervention categories and short code, under the crisis code it assigns. Matching is exact: same country, intervention year inside the window. The database’s global-crisis rows (no country) are never matched here.
- Apr-1965Capital injectionsBBCI
- Apr-1965LendingBBEL
- Apr-1965Regulatory forbearance / rulesSBH
- Apr-1971Capital injectionsAHCI
- 1980-1983Asset managementBBAM
- 1980-1983Capital injectionsBBCI
- 1980-1983LendingBBEL
- 1985-1987Capital injectionsBBCI
- 1985-1987Regulatory forbearance / rulesDPM
Source: Metrick-Schmelzing Banking-Crisis Interventions Database (Yale Program on Financial Stability) Cite as: Metrick, Andrew, and Paul Schmelzing, "Banking-Crisis Interventions Across Time and Space," working paper, 2024 (dataset consulted 2026-07-10). License: Creative Commons attribution. Methodology
Policy-response case studies (external)
For qualitative accounts of how authorities intervened in systemic crises, see the Yale Program on Financial Stability New Bagehot Project, a library of financial-crisis intervention case studies. It is a separate qualitative resource; no specific case is asserted to match this episode.