The bar chart illustrates the share of global production contributed by Asia, Europe, and the rest of the world over a period of 160 years, from 1840 to 2000. Overall, while Europe and Asia experienced a decrease in their production shares, other parts of the world saw substantial growth. Despite major changes, Asia regained its position as the leading contributor to global output in the final year.
In 1840, Asia produced 50% of overall output, making it the largest contributor. This figure decreased to 45% in 1880, then declined further in 1960, before rising again by 2000. The share of global output in Europe, however, stood at 40% initially, and rose to a peak of 50% in 1920. This figure fell to 28%, making Europe the smallest contributor in the final year.
Other parts of the world showed a rather contrasting trend. Their output accounted for only 10% in 1840. After fluctuating between 27% and 35%, this figure settled at 32% by the end of the period.
