Of the five major belligerent Western European countries in the First World War, the United Kingdom was the only one to experience overall GDP growth, albeit at just one percent. Austria and Germany, the two primary instigators of the war, saw their GDP fall by 38 and 28 percent, respectively. France and Belgium, two nations that saw some of the highest levels of destruction during the war, saw their GDP fall by 25 and 20 percent, respectively.
Change in gross domestic product (GDP) in selected Western European countries between 1913 and 1919
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Cambridge University Press. (December 31, 2006). Change in gross domestic product (GDP) in selected Western European countries between 1913 and 1919 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1073244/change-gdp-western-europe-wwi-1913-1919/
Cambridge University Press. "Change in gross domestic product (GDP) in selected Western European countries between 1913 and 1919." Chart. December 31, 2006. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1073244/change-gdp-western-europe-wwi-1913-1919/
Cambridge University Press. (2006). Change in gross domestic product (GDP) in selected Western European countries between 1913 and 1919. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1073244/change-gdp-western-europe-wwi-1913-1919/
Cambridge University Press. "Change in Gross Domestic Product (Gdp) in Selected Western European Countries between 1913 and 1919." Statista, Statista Inc., 31 Dec 2006, https://www.statista.com/statistics/1073244/change-gdp-western-europe-wwi-1913-1919/
Cambridge University Press, Change in gross domestic product (GDP) in selected Western European countries between 1913 and 1919 Statista, https://www.statista.com/statistics/1073244/change-gdp-western-europe-wwi-1913-1919/ (last visited November 05, 2024)
Change in gross domestic product (GDP) in selected Western European countries between 1913 and 1919 [Graph], Cambridge University Press, December 31, 2006. [Online]. Available: https://www.statista.com/statistics/1073244/change-gdp-western-europe-wwi-1913-1919/