The stock market crash in New York on October 24, 1929 resulted in the withdrawal of American loans from abroad, which had also financed the economic upswing of the “golden 20s” in Germany. The stock market crash in the USA escalated into a global economic crisis, which hit Germany particularly hard due to its dependence on foreign loans and investments. Both the German government and large companies were heavily in debt and could no longer obtain loans when the banks collapsed in the wake of the global economic crisis. Companies either filed for bankruptcy or laid off large numbers of employees. In the years from 1929 onwards, mass unemployment emerged, affecting millions of people in Germany. This reached its highest level in 1932, when around 5.6 million people were registered as unemployed. At the same time, industrial production in Germany (as in the USA) fell by 40%. This table traces the course of the global economic crisis in Germany using statistical data on production and employment as well as prices and wages in the years 1929 to 1934 and in comparison to 1928.