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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

Examples are provided to illustrate usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

For years, as Venezuela fell into economic depression, hospitals operated without basic medication, reliable power and even disinfectants.

From The Wall Street Journal Jul. 11, 2026

The manager's job disappeared in the economic depression, and the family moved to what became a series of short-term lets in Edmonton.

From BBC Jul. 8, 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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