Statistics: The Impact of the Depression
|
Change in Gross National Product |
|
|
1879-89 |
+ 6 percent |
|
1889-99 |
+ 4 percent |
|
1899-1909 |
+ 4 percent |
|
1909-19 |
+ 2 percent |
|
1919-29 |
+ 3 percent |
|
1929-39 |
0 percent |
|
1939-49 |
+ 4 percent |
|
1949-59 |
+ 4 percent |
|
1959-69 |
+ 4 percent |
|
1969-79 |
+ 3 percent |
|
GNP in 1929 dollars |
|
|
1920 |
60 |
|
1925 |
80 |
|
1929 |
100 |
|
1930 |
90 |
|
1933 |
70 |
|
1937 |
100 |
|
1938 |
95 |
|
1939 |
100 |
|
Average Unemployment Rate |
|
|
1879-89 |
8 percent |
|
1889-99 |
10 percent |
|
1899-1909 |
4 percent |
|
1909-19 |
4 percent |
|
1919-29 |
4 percent |
|
1929-39 |
18 percent |
|
1939-49 |
5 percent |
|
1949-59 |
4 percent |
|
1959-69 |
5 percent |
|
1969-79 |
6 percent |
|
Unemployment as Percentage of the Labor Force |
|
|
1900 |
5 percent |
|
1910 |
5.9 percent |
|
1920 |
4 percent |
|
1925 |
4 percent |
|
1929 |
3.2 percent |
|
1930 |
8.7 percent |
|
1932 |
23.6 percent |
|
1933 |
24.9 percent |
|
1934 |
21.7 percent |
|
1935 |
20.1 percent |
|
1936 |
16.9 percent |
|
1937 |
14.3 percent |
|
1938 |
19 percent |
|
1939 |
17.2 percent |
|
1940 |
14.6 percent |
|
1950 |
5 percent |
|
Bank Failures |
|
|
1929 |
659 |
|
1930 |
1,352 |
|
1931 |
1,456 |
|
1932 |
2,294 |
|
1933 |
5,190 |
|
Federal Spending During the Great Depression as a Percentage of GNP |
|
|
1929 |
3 percent |
|
1930 |
3 percent |
|
1931 |
4 percent |
|
1932 |
8 percent |
|
1933 |
8 percent |
|
1934 |
10 percent |
|
1935 |
9 percent |
|
1936 |
10 percent |
|
1937 |
9 percent |
|
1938 |
8 percent |
|
1939 |
10 percent |