The bar chart illustrates the percentage of total manufacturing output from Asia, Europe, and the rest of the world between 1840 and 2000.
Overall, all regions experienced fluctuations in their manufacturing output during this period. Asia saw a significant decline throughout, while Europe maintained a medium proportion initially, and the rest of the world experienced considerable increases.
In 1840, half of the industrial production came from Asia, and 40% from Europe. Although Asia was the leader in output at the beginning, its share declined significantly to just 20% by 1920. In contrast, Europe peaked at 50% during the same period. In the following years, the trends for both regions reversed. Asia’s manufacturing output slightly increased by approximately 5%, rising to nearly 45%, while Europe saw a significant decline, dropping to just under 30% by the end of the period.
The rest of the world accounted for only 30%, significantly lower than Asia and Europe. However, this figure grew rapidly until 1960, reaching the same percentage as Europe and surpassing Asia, before decreasing to just over 30% by 2000.