The given chart compares the propotions of total world production in Asia, Europe and other parts of the world from 1840 and 2000.
Overall, it is clear that all of the continents saw a decline throught the period with the exception of the rest of the world, which generally increased. Moreover, Asia and Europe dominated in two distinct years, while the other continents had the highest percentage in 1960.
At the outset, Asia had a half of the shares of global production, and this was followed by 40% in Europe and 10% in the rest of the world. The next eighty years, Asia dropped to 20%, hitting its lowest point, whereas Europe peaked at almost 50%. Meanwhile the percentage in the rest of the world kept growing steadily to slightly over 30%.
After the dip in 1920, Asia’s proportion increased gradually, recovering to almost 40% by the end of the period. The rest of the world also rose to approximately 38%, and then declined to over 30% in 2000. The percentage in Europe decreased steeply to its lowest point (under 30%) in 2000.
