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Data · Finance & banking

Banking crisis dummy (1=banking crisis, 0=none): Vietnam, 1970–2017

Latest (2017)
0
Source
World Bank
Code
GFDD.OI.19
Frequency
Yearly
Download CSV Open at the source

Definition

A banking crisis is defined as systemic if two conditions are met: a. Significant signs of financial distress in the banking system (as indicated bysignificant bank runs, losses in the banking system, and/or bank liquidations), b. Significant banking policy intervention measures in response to significant losses in the banking system. The first year that both criteria are met is considered as the year when the crisis start becoming systemic. The end of a crisis is defined the year before both real GDP growth and real credit growth are positive for at least two consecutive years.

What the series shows

The series runs from 1970 to 2017 (48 years of data). It moved from 0 to 0. The highest value was 1 in 1997 and the lowest 0 in 1970. The comparison below sets Vietnam against 9 neighbouring economies on the latest available year.

Using it in a thesis

Indicators like this one are typical control or explanatory variables in macro and finance theses: merge the CSV with your other series on the year column, check for missing years before running a regression, and log-transform level variables that grow over time. If you use the series in a panel with other countries, take every country from the same source and vintage so the definitions match. Cite the original publisher, not this site, as shown below.

Values by year

YearValue
20170
20160
20150
20140
20130
20120
20110
20100
20090
20080
20070
20060
20050
20040
20030
20020
20010
20000
19990
19980
19971
19960
19950
19940
19930
19920
19910
19900
19890
19880
19870
19860
19850
19840
19830
19820
19810
19800
19790
19780
19770
19760
19750
19740
19730
19720
19710
19700

Comparison with other countries

CountryLatest yearValue
Vietnam20170
Thailand20170
Indonesia20170
Malaysia20170
Philippines20170
Singapore20170
Cambodia20170
Laos20170
Myanmar20170
China20170

How to cite (APA 7)

World Bank. (2022). Banking crisis dummy (1=banking crisis, 0=none), Vietnam [Data set]. Global Financial Development Database. https://databank.worldbank.org/source/global-financial-development

Licence: Creative Commons Attribution 4.0 International (CC BY 4.0). Retrieved 2026-11-02. The CSV has one row per period with the variable name gfdd_oi_19, ready for Stata, R or SPSS.

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