Country-Level Index Of Financial Stress (CLIFS)

The CLIFS includes six, mainly market-based, financial stress measures that capture three financial market segments: equity markets, bond markets and foreign exchange markets. In addition, when aggregating the sub-indices, the CLIFS takes the co-movement across market segments into account. For further details, see Duprey, T. and Klaus, B., " Dating systemic financial stress episodes in the EU countries ", Working Paper Series, No 1873, ECB, December 2015. Time coverage

January 1970 or later, depending on availability.

Last updated: 27 April 2026 20:19 CEST