List of sovereign debt crises
The list of sovereign debt crises involves the inability of independent countries to meet its liabilities as they become due. These include:
- A sovereign default, where a government suspends debt repayments
- A debt restructuring plan, where the government agrees with other countries, or unilaterally reduces its debt repayments
- Requiring assistance from the International Monetary Fund or another international source
The following table includes actual sovereign defaults and debt restructuring of independent countries since 1557.