The paper looks at several financial crises in the past: the Asian financial crisis, the Brazilian, Argentine and Turkish financial crises, around the turn of the last century. Data are analyzed for a 10-year period around these crises. The data include gender indicators (mostly female-male gaps) in education, health and the labour market and show lack of progress or even declines in gender equality in these periods of crises in the eight countries analyzed. Moreover, a control group of countries is used as counterfactual, indicating better performance on gender equality and hence, a diverging trend between the two country groups.