The bar chart illustrates the total manufacturing output in Asia, Europe, and the rest of the world.
Overall, Asia had the highest percentage of manufacturing production at the beginning and continued to lead throughout the period, while Europe and the rest of the world maintained relatively similar proportions of output.
Initially, in 1840, Asia and Europe together accounted for approximately 40-50% of global manufacturing production. Throughout the following century, the percentage of manufacturing output in Asia declined dramatically, whereas Europe experienced a significant rise. In the next century, the proportion in Asia increased again, while Europe’s share dropped sharply.
Looking at the details, in the mid-19th century, the rest of the world reached its lowest level of manufacturing production. Afterwards, during the following century, there was steady growth in its percentage. The rest of the world peaked around 1960, but by 2000 its share had slightly fallen.
In conclusion, despite some fluctuations, Asia remained the dominant region in terms of manufacturing production, while Europe’s share gradually declined, and the rest of the world showed moderate but consistent growth over time.