What are the five colors on the olympic flag and what do they signify

The five colors on the Olympic flag are blue, yellow, black, green, and red. These colors were chosen because they are the colors that appear on the flags of most countries in the world. The colors are also meant to represent the five continents of the world:

Blue: Europe
Yellow: Asia
Black: Africa
Green: America
Red: Oceania

The Olympic flag was first flown at the 1920 Summer Olympics in Antwerp, Belgium. It has been flown at every Summer and Winter Olympics since then. The flag is a symbol of unity and peace among all nations.

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What are the five colors on the olympic flag and what do they signify?