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.
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.
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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 ÌÇÐÄÆƽâ°æ. Retrieved July 27, 2026, from /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. ÌÇÐÄÆƽâ°æ. Accessed July 27, 2026. /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). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 27, 2026. /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)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Jan 1998, /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) ÌÇÐÄÆƽâ°æ, /statistics/1334676/wwii-annual-war-gdp-largest-economies/ (last visited July 27, 2026)
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: /statistics/1334676/wwii-annual-war-gdp-largest-economies/
