The list of sovereign debt crises involves the inability of independent countries to meet its liabilities as they become due.
These include: Debts could be owed either to private parties within a country, to foreign investors, or to other countries.
The following table includes actual sovereign defaults and debt restructuring of independent countries since 1557.
[1] 1814, US defaulted on its debt 1875, US devalued the USD (Specie Act)