The Global Financial Crisis (GFC) is generally taken to have run from about mid‑2007 to early/mid‑2009, with its most intense phase in 2008.

Quick Scoop: When was the GFC?

  • The GFC refers to a period of extreme stress in global financial markets and banking systems between mid‑2007 and early 2009.
  • Many economists tie it to the “financial crisis of 2007–08,” which began when problems in the U.S. housing and credit markets showed up in 2007 and escalated sharply in 2008.
  • In terms of the broader economic slump (the “Great Recession”), the downturn in many advanced economies is dated from late 2007 to mid‑2009.

So, if you just want a simple date answer people usually mean:

“The GFC was roughly from 2007 to 2009, peaking in 2008.”

Bottom note: Information gathered from public forums or data available on the internet and portrayed here.