The bar chart compares the distribution of global production output among Asia, Europe, and other parts of the world across six years over a 160-year period.
Overall, Asia and Europe, although they had high percentages in the early years, declined by the end of the period, whereas the rest of the world experienced a steady increase throughout, except in the final year.
Asia had the highest proportion of the total services and goods at 50%, with Europe closely following at 40%. However, Asia saw a rapid decline to 20% between 1840 and 1920, which enabled Europe, peaking at 50% during this period, to take the lead. From 1920 to 2000, their positions reversed: the percentage of Asia’s production output increased by 25%, while Europe’s portion showed the opposite trend.
Starting at 10%, the lowest share in the chart, the rest of the world steadily rose to nearly 40% from 1840 to 1960. Notably, the initial growth between 1840 and 1880 was the most significant, exceeding 10%. Despite this upward trend, by 2000, the figure had slightly fallen to just above 30%.