5 Richest Countries During the Great Depression

2. Former USSR

GDP (1929): $379.98 billion
GDP (1937): $634.56 billion
Percentage Change in GDP (1929-1937): 66.99%
GDP of Russia (2024): $5.23 trillion

The Former USSR ranks 2nd on our list. The transcontinental country reported a GDP of $379.98 billion in 1929 and $634.56 billion in 1937. Its GDP grew by 66.99% from 1929 to 1937. In 1922, the region split into Russia, Ukraine, Belarus, and Transcaucasian countries. Most of the Former USSR is now Russia. As of 2024, Russia has a GDP of $5.23 trillion.