Throughout the Second World War, the United States consistently had the largest gross domestic product (GDP) in the world. Additionally, U.S. GDP grew significantly throughout the war, whereas the economies of Europe and Japan saw relatively little growth, and were often in decline. The impact of key events in the war is also reflected in the trends shown here - the economic declines of France and the Soviet Union coincide with the years of German invasion, while the economies of the three Axis countries experienced their largest declines in the final year of the war.
Estimated annual gross domestic product (GDP) of the Second World War's largest powers from 1938 to 1945
(in billions of 1990 international dollars)
Characteristic
United States
Germany*
United Kingdom
Soviet Union
Italy
Japan
France
1945
1,474
322
331
343
92
144
101
1944
1,499
466
346
362
117
189
93
1943
1,399
454
361
305
137
194
110
1942
1,235
444
353
274
145
197
116
1941
1,094
441
344
359
144
196
130
1940
943
414
316
417
147
192
82
1939
869
411
287
366
151
184
199
1938
800
375
284
359
141
169
186
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Figures refer to national GDP only, and do not include territories with colonial or dominion status.
*Includes Austria: figures for Germany and Austria originally given separately.
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University of Warwick. (January 1, 1998). Estimated annual gross domestic product (GDP) of the Second World War's largest powers from 1938 to 1945 (in billions of 1990 international dollars) [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/1334676/wwii-annual-war-gdp-largest-economies/
University of Warwick. "Estimated annual gross domestic product (GDP) of the Second World War's largest powers from 1938 to 1945 (in billions of 1990 international dollars)." Chart. January 1, 1998. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/1334676/wwii-annual-war-gdp-largest-economies/
University of Warwick. (1998). Estimated annual gross domestic product (GDP) of the Second World War's largest powers from 1938 to 1945 (in billions of 1990 international dollars). Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/1334676/wwii-annual-war-gdp-largest-economies/
University of Warwick. "Estimated Annual Gross Domestic Product (Gdp) of The Second World War's Largest Powers from 1938 to 1945 (in Billions of 1990 International Dollars)." Statista, Statista Inc., 1 Jan 1998, https://www.statista.com/statistics/1334676/wwii-annual-war-gdp-largest-economies/
University of Warwick, Estimated annual gross domestic product (GDP) of the Second World War's largest powers from 1938 to 1945 (in billions of 1990 international dollars) Statista, https://www.statista.com/statistics/1334676/wwii-annual-war-gdp-largest-economies/ (last visited December 24, 2024)
Estimated annual gross domestic product (GDP) of the Second World War's largest powers from 1938 to 1945 (in billions of 1990 international dollars) [Graph], University of Warwick, January 1, 1998. [Online]. Available: https://www.statista.com/statistics/1334676/wwii-annual-war-gdp-largest-economies/
