The 5 Olympics rings visualised according to various statistics...
Interestingly it seems that there wasn't an intention to match particular colours and rings to particular parts of the world...
Prior to 1951, the official handbook stated that each colour corresponded to a particular continent: blue for Europe, yellow for Asia, black for Africa, green for Australia and Oceania and red for America (North and South considered as a single continent); this was removed because there was no evidence that Coubertin had intended it (the quote above was probably an afterthought).
Wikipedia
Thanks to Mark Ollis for the tipoff to this interesting site.
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