GITNUX MARKETDATA REPORT 2024

Must-Know Great Depression Statistics [Latest Report]

Statistic 1

"Over 15 million Americans became unemployed during the Great Depression."

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Statistic 2

"During the Great Depression, the unemployment rate peaked at approximately 24.9% in 1933."

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Statistic 3

"The GDP fell by -3.3% in 1930, -6.4% in 1931, -12.9% in 1932, and -1.3% in 1933 – significant declines during the Great Depression."

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Statistic 4

"The stock market crash on October 29, 1929, marked the beginning of the Great Depression."

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Statistic 5

"On “Black Tuesday,” October 29, 1929, the market lost $14 billion, making the loss for that week an astounding $30 billion."

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Statistic 6

"During the Great Depression, nearly half of all banks failed in USA."

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Statistic 7

"By 1933, approximately 11,000 of the United States’ 25,000 banks had failed."

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Statistic 8

"Approximately 1.5 million people, often whole families, became transient, traveling in search of work during the Great Depression."

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Statistic 9

"The Dust Bowl was caused by severe drought and poor farming practices and lasted from 1930 to 1940."

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Statistic 10

"The US had about 130,000 businesses fail in 1933 during the Great Depression."

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Statistic 11

"The real GDP in the US fell by about 30% from 1929 to 1933."

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Statistic 12

"The country’s GNP fell 59% during the first five years (1929–1933) of the Depression."

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Statistic 13

"The Dow Jones Index lost almost 90% of its value between 1929 and 1932."

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Statistic 14

"During the Great Depression, net farm income fell by a cataclysmic 50% from 1929 to 1932."

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Statistic 15

"Half of Texas’ rural banks had closed by 1929, which started the Great Depression in the state."

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