The bar chart delineates percentage of manufacturing outputs of Asia, Europe and rest of the world over a 160-years period, commencing in 1840 and concluding in 2000.
Overall, the most striking is that figures for Asia and Europe showed a downward trend over the period and recorded the same and the highest level. Whereas, the figure for rest of the world witnessed an upward trend.
At the beginning of the period, the figure for Asia constituted the highest level at exactly 50%, followed by the figure for Europe and rest of the world at 40% and 10% respectively. Thereafter, China decreased dramatically to 30% by 1920. In stark contrast, Europe and rest of the world experienced moderate growth by approximately 10% and 20% respectively during the same period.
However, by 1960, there was a substantial increase in manufacturing outputs of Asia and the figure reached around 45% in 2000, while the opposite pattern occurred in Europe, where a considerable decline by about 20% can be observed. Likewise, the figure for rest of the world surged slightly by 8% before dropping to nearly 32% by the end of the period.
