Systemic Banking Crises Database: 1970-2025
IMF Working Papers, May 15, 2026
Source details
- Canonical URL
- Systemic Banking Crises Database: 1970-2025
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Bibliographic details
- Authors: Luc Laeven, Fabian Valencia
- Published: May 15, 2026
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9798229045971.001
Overview and purpose
- Presents an updated version of the Laeven and Valencia (2013, 2020) database on systemic banking crises, extending coverage through 2025.
- Maintains the definition established in previous editions, which emphasizes both significant signs of financial distress and substantial policy interventions.
- Offers a comprehensive tool for assessing cross-country vulnerabilities and policies to resolve banking crises.
Key updates and methodological notes
- The update incorporates new episodes while preserving the prior definition of systemic banking crises.
- The update integrates textual tools to screen potential candidates that are then further scrutinized to confirm if the definition is met.
Coverage and data included
- Time coverage: banking crises episodes during 1970-2025.
- Data fields included:
- Starting dates of crises episodes
- Policy responses
- Fiscal costs
- Output losses
Subjects and keywords
- Subject: Banking crises, Commercial banks, Financial crises, Financial institutions, Global financial crisis of 2008-2009, Systemic crises
- Keywords: Banking crises, banking crises database, banking crisis, Caribbean, Central America, Commercial banks, crises outcome, Global, Global financial crisis of 2008-2009, IMF working papers, South America, Systemic crises, views of the IMF
Research and policy relevance
- Enables cross-country assessment of vulnerabilities related to banking crises.
- Facilitates analysis of policy responses and their fiscal and output consequences across episodes spanning 1970-2025.
Source: Systemic Banking Crises Database: 1970-2025, IMF Working Papers (Working Paper No. 2026/094), May 15, 2026.
Content in this bundle
- Working Paper