Annual GDP and real GDP for the United States 1929-2022
Wall Street Crash of 1929 set in motion the Great Depression, which lasted for twelve years and affected virtually all industrialized countries. In the United States, GDP fell to it's lowest recorded level of just 57 billion U.S dollars in 1933, before rising again shortly before the Second World War. After the war, GDP fluctuated, but it increased gradually until the Great Recession in 2008.
On October 29, 1929, the U.S. experienced the most devastating stock market crash in it's history. The