Between 1820 and 1913, Asia's share of global GDP fell from 58 percent to just 27 percent. Although Asia's overall GDP grew throughout the given period, the rapid industrialization observed across Europe, North America, Australia, and New Zealand saw their combined share increase from 35 percent to 67 percent, which offset Asia's growth. In particular, the combined share of North America, Australia, and New Zealand grew over ten times larger in this period, from two percent in 1820 to 21 percent in 1913.
Distribution of global gross domestic product (GDP) by region in 1820, 1870 and 1913
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Cambridge University Press. (December 31, 2006). Distribution of global gross domestic product (GDP) by region in 1820, 1870 and 1913 [Graph]. In Statista. Retrieved December 27, 2024, from https://www.statista.com/statistics/1238651/share-gdp-region-1820-1913/
Cambridge University Press. "Distribution of global gross domestic product (GDP) by region in 1820, 1870 and 1913." Chart. December 31, 2006. Statista. Accessed December 27, 2024. https://www.statista.com/statistics/1238651/share-gdp-region-1820-1913/
Cambridge University Press. (2006). Distribution of global gross domestic product (GDP) by region in 1820, 1870 and 1913. Statista. Statista Inc.. Accessed: December 27, 2024. https://www.statista.com/statistics/1238651/share-gdp-region-1820-1913/
Cambridge University Press. "Distribution of Global Gross Domestic Product (Gdp) by Region in 1820, 1870 and 1913." Statista, Statista Inc., 31 Dec 2006, https://www.statista.com/statistics/1238651/share-gdp-region-1820-1913/
Cambridge University Press, Distribution of global gross domestic product (GDP) by region in 1820, 1870 and 1913 Statista, https://www.statista.com/statistics/1238651/share-gdp-region-1820-1913/ (last visited December 27, 2024)
Distribution of global gross domestic product (GDP) by region in 1820, 1870 and 1913 [Graph], Cambridge University Press, December 31, 2006. [Online]. Available: https://www.statista.com/statistics/1238651/share-gdp-region-1820-1913/