A 2023 survey found that 55 percent of Republicans do not think that Congress should raise the debt ceiling after the U.S. treasury reached its spending limits in January 2023. The U.S. debt ceiling does not authorize new spending commitments, it simply allows the government to finance existing legal obligations that it has made in the past. If a government does not raise the debt ceiling, the U.S. treasury will default on its debt, and could trigger an economic recession.

A 2023 survey found that ** percent of Americans do not think that Congress should raise the debt ceiling after the U.S. treasury reached its spending limits in January 2023. The U.S. debt ceiling does not authorize new spending commitments, it simply allows the government to finance existing legal obligations that it has made in the past. If a government does not raise the debt ceiling, the U.S. treasury will default on its debt, and could trigger an economic recession.

Graph and download economic data for Delinquency Rate on All Loans, All Commercial Banks (DRALACBN) from Q1 1985 to Q1 2025 about delinquencies, commercial, loans, banks, depository institutions, rate, and USA.

In 2022, the student loan default rate in the United States was highest for Black borrowers, at **** percent. In comparison, Asian borrowers were least likely to default on their student loans.

These tables provide additional detail on the loan assets of U.S. depository institutions by reporting mortgage and consumer loan portfolios broken down by the banks' estimates of the probability of default, as defined below. This information facilitates analysis of the potential concentration of risk in specific loan categories. The institutions reporting this information are generally those with $10 billion or more of assets.

Graph and download economic data for Number of Domestic Banks That Tightened and Reported That Increase in Defaults by Borrowers in Public Debt Markets Was Not an Important Reason (SUBLPDCIRTDNNQ) from Q3 2000 to Q1 2011 about borrowings, public, debt, domestic, banks, depository institutions, and USA.

In the fiscal year of 2019, around 4.1 percent of students who went to private, for-profit public 2-year institutions in the United States were in default on their loans. The default rate for students in the FY 2019 cohort was 1.9 percent at 4-year degree-granting postsecondary institutions, and 3.8 percent at 2-year degree-granting postsecondary institutions.

The global student debt recovery services market is experiencing robust growth, driven by the increasing burden of student loan debt worldwide and the rising adoption of sophisticated debt recovery techniques. The market, segmented by application (schools, banks, government, non-profits) and service type (tuition fee, living expenses, other education-related debt), is witnessing a compound annual growth rate (CAGR) exceeding 10% – a figure derived from observing similar financial services sectors and considering the persistent issue of student loan defaults. North America currently holds the largest market share, fueled by high student loan debt levels and a well-established debt recovery infrastructure. However, rapid economic growth and expanding access to higher education in regions like Asia-Pacific are creating significant opportunities for market expansion. Key players in this market are leveraging technological advancements, such as AI-powered analytics and automated debt collection systems, to enhance efficiency and recovery rates. Regulations surrounding debt collection practices also play a significant role, impacting market dynamics and influencing the strategies employed by service providers. The ongoing evolution of these regulations necessitates continuous adaptation and compliance for companies operating in this sector. The competitive landscape is characterized by a mix of large, established players and smaller, specialized firms. These companies compete on factors such as recovery rates, technology, regulatory compliance, and client service. While consolidation and acquisitions are likely to shape the industry landscape in the coming years, the focus on providing ethical and legally compliant services remains paramount. Future growth will depend on factors including the overall economic climate, government policies related to student loans and debt recovery, and the ongoing development and adoption of innovative technologies within the sector. The market is expected to witness further diversification of services, catering to the evolving needs of diverse stakeholders across various geographical regions.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year, as calculated by Federal Student Aid using data derived from the National Student Loan Data System (NSLDS).

Delinquency rates for credit cards picked up in 2025 in the United States, leading to the highest rates observed since 2008. This is according to a collection of one of the United States' federal banks across all commercial banks. The high delinquency rates were joined by the highest U.S. credit card charge-off rates since the Financial Crisis of 2008. Delinquency rates, or the share of credit card loans overdue a payment for more than ** days, can sometimes lead into charge-off, or a writing off the loan, after about six to 12 months. These figures on the share of credit card balances that are overdue developed significantly between 2021 and 2025: Delinquencies were at their lowest point in 2021 but increased to one of their highest points by 2025. This is reflected in the growing credit card debt in the United States, which reached an all-time high in 2023.

Brazil Loans: Corporate Default: Average Debt per National Register of Legal Entities data was reported at 10.084 Unit in Aug 2018. This records an increase from the previous number of 10.083 Unit for Jul 2018. Brazil Loans: Corporate Default: Average Debt per National Register of Legal Entities data is updated monthly, averaging 10.823 Unit from Mar 2016 (Median) to Aug 2018, with 30 observations. The data reached an all-time high of 11.676 Unit in Mar 2016 and a record low of 10.083 Unit in Jul 2018. Brazil Loans: Corporate Default: Average Debt per National Register of Legal Entities data remains active status in CEIC and is reported by Serasa Experian. The data is categorized under Brazil Premium Database’s Monetary – Table BR.KAB035: Loans: Corporate Default.

This statistic shows the national debt of Greece from 2020 to 2023, with projections until 2030. In 2023, the national debt in Greece was around 420.4 billion U.S. dollars. In a ranking of debt to GDP per country, Greece is currently ranked third. Greece's struggle after the financial crisis Greece is a developed country in the EU and is highly dependent on its service sector as well as its tourism sector in order to gain profits. After going through a large economic boom from the 1950s to the 1970s as well as somewhat high GDP growth in the early to mid 2000s, Greece’s economy took a turn for the worse and struggled intensively, primarily due to the Great Recession, the Euro crisis as well as its own debt crisis. National debt within the country saw significant gains over the past decades, however roughly came to a halt due to financial rescue packages issued from the European Union in order to help Greece maintain and improve their economical situation. The nation’s continuous rise in debt has overwhelmed its estimated GDP over the years, which can be attributed to poor government execution and unnecessary spending. Large sums of financial aid were taken from major European banks to help balance out these government-induced failures and to potentially help refuel the economy to encourage more spending, which in turn would decrease the country’s continuously rising unemployment rate. Investors, consumers and workers alike are struggling to see a bright future in Greece, whose chances of an economic comeback are much lower than that of other struggling countries such as Portugal and Italy. However, Greece's financial situation might improve in the future, as it is estimated that at least its national debt will decrease - slowly, but steadily. Still, since its future participation in the European Union is in limbo as of now, these figures can only be estimates, not predictions.

Graph and download economic data for Delinquency Rate on Credit Card Loans, All Commercial Banks (DRCCLACBS) from Q1 1991 to Q1 2025 about credit cards, delinquencies, commercial, loans, banks, depository institutions, rate, and USA.

Brazil Loans: Corporate Default: Average Debt per National Register of Legal Entities: Value data was reported at 22,659.834 BRL in Aug 2018. This records an increase from the previous number of 22,499.428 BRL for Jul 2018. Brazil Loans: Corporate Default: Average Debt per National Register of Legal Entities: Value data is updated monthly, averaging 23,478.606 BRL from Mar 2016 (Median) to Aug 2018, with 30 observations. The data reached an all-time high of 24,012.709 BRL in Aug 2016 and a record low of 22,495.142 BRL in Jun 2018. Brazil Loans: Corporate Default: Average Debt per National Register of Legal Entities: Value data remains active status in CEIC and is reported by Serasa Experian. The data is categorized under Brazil Premium Database’s Monetary – Table BR.KAB035: Loans: Corporate Default.

In the first quarter of 2025, roughly **** percent of all consumer loans at commercial banks in the United States were delinquent. The delinquency rate on this type of credit has been rising again since 2021. Loans are delinquent when the borrower does not pay their obligations on time. One of the reasons for the delinquency rate decreasing during the first years of the COVID-19 pandemic was that the personal saving rate in the U.S. soared during that period. What is the trend in consumer credit levels in the United States? Consumer credit refers to the various types of loans and credit extended to individuals for personal use, often to fund everyday purchases or larger expenses. When credit levels rise, it often signals that consumers are more confident in their ability to manage debt and make future payments. After a period of strong growth between 2021 and early 2023, consumer credit in the United States has been growing at a slower pace. By early 2024, consumer credit levels reached over **** trillion U.S. dollars. What is the main channel for acquiring consumer credit? In 2024, the leading type of consumer credit among consumers in the U.S. was credit card bills. Credit card usage in the North American country was substantial and credit card penetration was expected to reach over **** percent by 2029. Car loans ranked next as a common source of consumer credit, while other types of debt, such as medical bills, home equity lines of credit, and personal educational loans, had lower percentages.

Graph and download economic data for Number of Large Domestic Banks That Eased and Reported That Reduction in Defaults by Borrowers in Public Debt Markets Was a Very Important Reason (SUBLPDCIREDVLGNQ) from Q3 2000 to Q1 2011 about ease, borrowings, public, large, debt, domestic, banks, depository institutions, and USA.

(Banking And Systemic Crises)

prepared by (Mohamed Abd Al-mgyd)

https://github.com/1145267383/Systemic-And-Banking-Crises

• Web APP > https://crises.herokuapp.com/

Dataset

A)20160923_global_crisis_data:

https://www.hbs.edu/behavioral-finance-and-financial-stability/data/Pages/global.aspx

This data was collected over many years by Carmen Reinhart (with her coauthors Ken Rogoff, Christoph Trebesch, and Vincent Reinhart). This data contains the banking crises of 70 countries, from 1800 AD to 2016 AD, with a total of 15,190 records and 16 variables. But the data stabilized after cleaning and adjusting to 8642 records and 17 variables.

B)Label_Country: This data contains a description of the country whether it's Developing or Developed .

Variable: Description:

1-Case: ID Number for Country.

2-Cc3: ID String for Country.

3-Country : Name Country.

4-Year: The date from 1800 to 2016.

5-Banking_Crisis: Banking problems can often be traced to a decrease the value of banks' assets.

A) due to a collapse in real estate prices or When the bank asset values decrease substantially . B) if a government stops paying its obligations, this can trigger a sharp decline in value of bonds.

6-Systemic_Crisis : when many banks in a country are in serious solvency or liquidity problems at the same time—either:

A) because there are all hits by the same outside shock. B) or because failure in one bank or a group of banks spreads to other banks in the system.

7-Gold_Standard: The Country have crisis in Gold Standard.

8-Exch_Usd: Exch local currency in USD, Except exch USD currency in GBP.

9-Domestic_Debt_In_Default: The Country have domestic debt in default.

10-Sovereign_External_Debt_1: Default and Restructurings, -Does not include defaults on WWI debt to United States and United Kingdom and post-1975 defaults on Official External Creditors.

11-Sovereign_External_Debt_2: Default and Restructurings, -Does not include defaults on WWI debt to United States and United Kingdom but includes post-1975 defaults on Official External Creditors.

12-Gdp_Weighted_Default:GDP Weighted Default for country.

13-Inflation: Annual percentages of average consumer prices.

14-Independence: Independence for country.

15-Currency_Crises: The Country have crisis in Currency.

16-Inflation_Crises: The Country have crisis in Inflation.

17-Level_Country: The description of the country whether it's Developing or Developed.

In 2022, the student loan default rate in the United States was highest for borrowers in the bottom ** percent of the family income bracket, at ** percent. In comparison, borrowers in the top 25 percent were least likely to default on their student loans.

Credit card debt in the United States has been growing at a fast pace between 2021 and 2025. In the fourth quarter of 2024, the overall amount of credit card debt reached its highest value throughout the timeline considered here. COVID-19 had a big impact on the indebtedness of Americans, as credit card debt decreased from *** billion U.S. dollars in the last quarter of 2019 to *** billion U.S. dollars in the first quarter of 2021. What portion of Americans use credit cards? A substantial portion of Americans had at least one credit card in 2025. That year, the penetration rate of credit cards in the United States was ** percent. This number increased by nearly seven percentage points since 2014. The primary factors behind the high utilization of credit cards in the United States are a prevalent culture of convenience, a wide range of reward schemes, and consumer preferences for postponed payments. Which companies dominate the credit card issuing market? In 2024, the leading credit card issuers in the U.S. by volume were JPMorgan Chase & Co. and American Express. Both firms recorded transactions worth over one trillion U.S. dollars that year. Citi and Capital One were the next banks in that ranking, with the transactions made with their credit cards amounting to over half a trillion U.S. dollars that year. Those industry giants, along with other prominent brand names in the industry such as Bank of America, Synchrony Financial, Wells Fargo, and others, dominate the credit card market. Due to their extensive customer base, appealing rewards, and competitive offerings, they have gained a significant market share, making them the preferred choice for consumers.

The database used includes annual frequency data for 43 countries, defined by the IMF as 24 advanced countries and 19 emerging countries, for the years 1992-2018.The database contains the fiscal stress variable and a set of variables that can be classified as follows: macroeconomic and global economy (interest rates in the US, OECD; real GDP in the US, y-o-y, OECD; real GDP in China, y-o-y, World Bank; oil price, y-o-y, BP p.l.c.; VIX, CBOE; real GDP, y-o-y, World Bank, OECD, IMF WEO; GDP per capita in PPS, World Bank); financial (nominal USD exchange rate, y-o-y, IMF IFS; private credit to GDP, change in p.p., IMF IFS, World Bank and OECD); fiscal (general government balance, % GDP, IMF WEO; general government debt, % GDP, IMF WEO, effective interest rate on the g.g. debt, IMF WEO); competitiveness and domestic demand (currency overvaluation, IMF WEO; current account balance, % GDP, IMF WEO; share in global exports, y-o-y, World Bank, OECD; gross fixed capital formation, y-o-y, World Bank, OECD; CPI, IMF IFS, IMF WEO; real consumption, y-o-y, World Bank, OECD); labor market (unemployment rate, change in p.p., IMF WEO; labor productivity, y-o-y, ILO).In line with the convention adopted in the literature, the fiscal stress variable is a binary variable equal to 1 in the case of a fiscal stress event and 0 otherwise. In more recent literature in this field, the dependent variable tends to be defined broadly, reflecting not only outright default or debt restructuring, but also less extreme events. Therefore, following Baldacci et al. (2011), the definition used in the present database is broad, and the focus is on signalling fiscal stress events, in contrast to the narrower event of a fiscal crisis related to outright default or debt restructuring. Fiscal problems can take many forms; in particular, some of the outright defaults can be avoided through timely, targeted responses, like support programs of international institutions. The fiscal stress variable is shifted with regard to the other variables: crisis_next_year – binary variable shifted by 1 year, all years of a fiscal stress coded as 1; crisis_next_period – binary variable shifted by 2 years, all years of a fiscal stress coded as 1; crisis_first_year1 – binary variable shifted by 1 year, only the first year of a fiscal stress coded as 1; crisis_first_year2 - binary variable shifted by 2 years, only the first year of a fiscal stress coded as 1.