diff --git a/src/settings_gui.cpp b/src/settings_gui.cpp
--- a/src/settings_gui.cpp
+++ b/src/settings_gui.cpp
@@ -733,6 +733,7 @@ struct BaseSettingEntry {
 	virtual void Init(byte level = 0);
 	virtual void FoldAll() {}
 	virtual void UnFoldAll() {}
+	virtual void ResetAll() = 0;
 
 	/**
 	 * Set whether this is the last visible entry of the parent node.
@@ -769,6 +770,7 @@ struct SettingEntry : BaseSettingEntry {
 	SettingEntry(const char *name);
 
 	virtual void Init(byte level = 0);
+	virtual void ResetAll();
 	virtual uint Length() const;
 	virtual uint GetMaxHelpHeight(int maxw);
 	virtual bool UpdateFilterState(SettingFilter &filter, bool force_visible);
@@ -806,6 +808,7 @@ struct SettingsContainer {
 	}
 
 	void Init(byte level = 0);
+	void ResetAll();
 	void FoldAll();
 	void UnFoldAll();
 
@@ -828,6 +831,7 @@ struct SettingsPage : BaseSettingEntry, 
 	SettingsPage(StringID title);
 
 	virtual void Init(byte level = 0);
+	virtual void ResetAll();
 	virtual void FoldAll();
 	virtual void UnFoldAll();
 
@@ -970,6 +974,13 @@ void SettingEntry::Init(byte level)
 	assert(this->setting != nullptr);
 }
 
+/* Sets the given setting entry to its default value */
+void SettingEntry::ResetAll()
+{
+	int32 default_value = ReadValue(&this->setting->desc.def, this->setting->save.conv);
+	SetSettingValue(this->index, default_value);
+}
+
 /**
  * Set the button-depressed flags (#SEF_LEFT_DEPRESSED and #SEF_RIGHT_DEPRESSED) to a specified value
  * @param new_val New value for the button flags
@@ -1081,7 +1092,6 @@ bool SettingEntry::UpdateFilterState(Set
 	return visible;
 }
 
-
 static const void *ResolveVariableAddress(const GameSettings *settings_ptr, const SettingDesc *sd)
 {
 	if ((sd->desc.flags & SGF_PER_COMPANY) != 0) {
@@ -1172,6 +1182,14 @@ void SettingsContainer::Init(byte level)
 	}
 }
 
+/** Resets all settings to their default values */
+void SettingsContainer::ResetAll()
+{
+	for (auto settings_entry : this->entries) {
+		settings_entry->ResetAll();
+	}
+}
+
 /** Recursively close all folds of sub-pages */
 void SettingsContainer::FoldAll()
 {
@@ -1323,6 +1341,14 @@ void SettingsPage::Init(byte level)
 	SettingsContainer::Init(level + 1);
 }
 
+/** Resets all settings to their default values */
+void SettingsPage::ResetAll()
+{
+	for (auto settings_entry : this->entries) {
+		settings_entry->ResetAll();
+	}
+}
+
 /** Recursively close all (filtered) folds of sub-pages */
 void SettingsPage::FoldAll()
 {
@@ -1794,6 +1820,20 @@ enum WarnHiddenResult {
 	WHR_CATEGORY_TYPE, ///< Both category and type settings filtered matches away.
 };
 
+/**
+ * Callback function for the reset all settings button
+ * @param w Window which is calling this callback
+ * @param confirmed boolean value, true when yes was clicked, false otherwise
+ */
+static void ResetAllSettingsConfirmationCallback(Window *w, bool confirmed)
+{
+	if (confirmed) {
+		GetSettingsTree().ResetAll();
+		GetSettingsTree().FoldAll();
+		w->InvalidateData();
+	}
+}
+
 /** Window to edit settings of the game. */
 struct GameSettingsWindow : Window {
 	static const int SETTINGTREE_LEFT_OFFSET   = 5; ///< Position of left edge of setting values
@@ -2031,6 +2071,15 @@ struct GameSettingsWindow : Window {
 				this->InvalidateData();
 				break;
 
+			case WID_GS_RESET_ALL:
+				ShowQuery(
+					STR_CONFIG_SETTING_RESET_ALL_CONFIRMATION_DIALOG_CAPTION,
+					STR_CONFIG_SETTING_RESET_ALL_CONFIRMATION_DIALOG_TEXT,
+					this,
+					ResetAllSettingsConfirmationCallback
+				);
+				break;
+
 			case WID_GS_RESTRICT_DROPDOWN: {
 				DropDownList list = this->BuildDropDownList(widget);
 				if (!list.empty()) {
@@ -2387,6 +2436,7 @@ static const NWidgetPart _nested_setting
 	NWidget(NWID_HORIZONTAL),
 		NWidget(WWT_PUSHTXTBTN, COLOUR_MAUVE, WID_GS_EXPAND_ALL), SetDataTip(STR_CONFIG_SETTING_EXPAND_ALL, STR_NULL),
 		NWidget(WWT_PUSHTXTBTN, COLOUR_MAUVE, WID_GS_COLLAPSE_ALL), SetDataTip(STR_CONFIG_SETTING_COLLAPSE_ALL, STR_NULL),
+		NWidget(WWT_PUSHTXTBTN, COLOUR_MAUVE, WID_GS_RESET_ALL), SetDataTip(STR_CONFIG_SETTING_RESET_ALL, STR_NULL),
 		NWidget(WWT_PANEL, COLOUR_MAUVE), SetFill(1, 0), SetResize(1, 0),
 		EndContainer(),
 		NWidget(WWT_RESIZEBOX, COLOUR_MAUVE),