Great Recession

Trust in Banks Still Recovering After Great Recession

The biggest economic downturn since the Great Depression has left lasting political and social ripple effects visible in today's world of growing inequality and rising populism.

Trust in banks has yet to rebound to its pre-recession levels 10 years after the Great Recession. Roughly 1 in 5 Americans don’t trust banking institutions. While mistrust in banks shot up quickly after the recession began, it has been slow and stubborn coming down.

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This chart shows the percent of respondents who have very little trust in banks between 2007--2018.

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Trust in banks in Czechia 2012-2023
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Net income of trust banks in Japan FY 2015-2022
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Trust of commercial banks of non-euro EU member states about euro in 2023, by country
Great Recession: GDP growth rates for G7 countries from 2007 to 2011
Great Recession: real house price index in Europe's weakest economies 2005-2011
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Leading trust banks in Japan 2023, by total assets

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