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economic depression is not in our dictionary (yet). Here's what it could mean:

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noun

  • A severe and long-term downturn in financial and industrial activity, characterized by high unemployment, a sharp decline in gross domestic product (GDP), and reduced trade.

Example Sentences

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He credibly positions it as a bracing, if momentary, restorative for a sport and a country that had endured more than three years of economic depression.

From The Wall Street Journal • May 22, 2026

Besides the Hezbollah-Israel conflict, they include a six-year-long economic depression that is one of the worst recorded in modern times, and the 2020 Beirut port explosion that killed more than 200 people.

From BBC • Jan. 13, 2025

Thesaurus

Possible Synonyms

Words in our thesaurus

other words

  • financial collapse
  • severe economic contraction
  • financial crisis
  • prolonged recession

Possible Antonyms

Words in our thesaurus

other words

  • period of prosperity
  • economic growth

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