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Part C - Economic Structure and Performance
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Chapter Ca - National Income and Product
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Table Group Ca169-240 - National Product Before 1929
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Richard Sutch
Table Ca213-218 - Gross national product: 1869-1929 [Alternative estimates-Balke-Gordon and Romer]
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Ca213
Ca214
Ca215
Ca216
Ca217
Ca218
Balke-Gordon
Romer
Gross national product
Implicit GNP deflator
Gross national product
Implicit GNP deflator
Constant dollars
Current dollars
Constant dollars
Current dollars
Row
Year
Billion 1982 dollars
Billion dollars
Index 1982=100
Billion 1982 dollars
Billion dollars
Index 1982=100
1
1869
78.2
8.21
10.49
75.609
7.745
10.244
2
1870
84.2
8.41
9.98
76.464
7.387
9.661
3
1871
88.1
8.69
9.86
76.952
7.517
9.769
4
1872
91.7
8.81
9.60
89.605
8.444
9.423
5
1873
96.3
9.17
9.51
94.863
8.849
9.329
6
1874
95.7
8.85
9.25
96.205
8.821
9.169
7
1875
100.7
8.92
8.85
97.684
8.738
8.945
8
1876
101.9
8.68
8.51
104.628
8.934
8.539
9
1877
105.2
8.82
8.38
110.797
9.093
8.207
10
1878
109.6
8.63
7.87
118.906
9.069
7.627
11
1879
123.1
9.41
7.64
127.675
9.420
7.378
12
1880
137.6
11.06
8.03
139.990
11.431
8.166
13
1881
142.5
11.39
7.99
143.580
11.483
7.998
14
1882
151.6
12.37
8.16
149.307
12.343
8.267
15
1883
155.3
12.24
7.88
152.097
12.382
8.141
16
1884
158.1
11.92
7.53
155.684
12.035
7.730
17
1885
159.3
11.71
7.35
157.789
11.455
7.260
18
1886
164.1
12.06
7.35
164.375
11.791
7.173
19
1887
171.5
12.61
7.35
169.453
12.269
7.240
20
1888
170.7
12.75
7.47
168.940
12.420
7.352
21
1889
181.3
13.57
7.48
175.030
12.955
7.402
22
1890
183.9
13.44
7.30
182.964
13.276
7.256
23
1891
189.9
13.86
7.30
191.757
13.742
7.166
24
1892
198.8
14.33
7.21
204.279
14.081
6.893
25
1893
198.7
14.37
7.23
202.616
14.257
7.036
26
1894
192.9
13.21
6.85
200.819
13.260
6.603
27
1895
215.5
14.53
6.74
215.668
14.046
6.513
28
1896
210.6
14.25
6.76
221.438
14.044
6.342
29
1897
227.8
15.18
6.66
233.655
14.914
6.383
30
1898
233.2
15.74
6.75
241.459
15.869
6.572
31
1899
260.3
17.85
6.86
254.728
17.319
6.799
32
1900
265.4
18.58
7.00
264.540
18.879
7.136
33
1901
297.9
20.97
7.04
284.908
20.187
7.086
34
1902
303.0
21.65
7.14
291.572
21.386
7.335
35
1903
311.7
22.85
7.33
306.239
22.724
7.420
36
1904
323.5
23.93
7.39
307.127
23.041
7.502
37
1905
353.2
26.12
7.40
323.162
24.807
7.676
38
1906
367.7
28.10
7.64
351.499
27.674
7.873
39
1907
362.0
28.88
7.98
361.920
29.701
8.206
40
1908
342.2
26.72
7.81
346.800
28.247
8.145
41
1909
382.1
29.88
7.82
368.872
31.066
8.422
42
1910
383.8
31.24
8.14
383.888
33.187
8.645
43
1911
396.0
32.16
8.12
391.858
33.712
8.603
44
1912
418.9
34.85
8.32
407.112
36.412
8.944
45
1913
435.4
36.56
8.40
424.492
38.242
9.009
46
1914
402.4
34.25
8.51
414.599
37.741
9.103
47
1915
417.3
36.36
8.71
443.048
41.655
9.402
48
1916
485.0
46.02
9.49
476.498
50.442
10.586
49
1917
484.9
55.10
11.36
473.896
61.896
13.061
50
1918
522.2
69.70
13.35
498.458
75.786
15.204
51
1919
507.1
77.22
15.23
503.873
78.503
15.580
52
1920
496.3
87.24
17.58
498.132
88.399
17.746
53
1921
478.8
73.27
15.30
486.377
73.560
15.124
54
1922
513.2
72.99
14.22
514.949
73.612
14.295
55
1923
585.0
85.62
14.63
583.105
85.676
14.693
56
1924
600.5
87.91
14.64
600.377
87.115
14.510
57
1925
614.1
91.49
14.90
615.108
90.839
14.768
58
1926
651.0
97.52
14.98
655.033
97.194
14.838
59
1927
654.6
96.34
14.72
661.365
95.785
14.483
60
1928
666.7
97.32
14.60
669.288
97.663
14.592
61
1929
709.6
103.90
14.64
709.600
103.900
14.640
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