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Chart of the Day: US vs. the Rest of the G7

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer Jan 16, 2025

Bar chart with America US states and average in blue and other countries in orange

Today’s Chart of the Day comes from Visual Capitalist showing the annual production per person of America’s richest states vs. the rest of the G7 Countries, a group of the seven most industrialized counties in the world.

Politics aside on which is the richest state, the US average is $81,600, which far exceeds the $54,900 of the highest G7 Country of Canada. Even more surprising is our lowest state, Mississippi, is still higher than UK, France, Italy, and Japan.

An enduring testimony of Winston Churchill’s statement in 1947 that, “Democracy is the worst form of government, except for all those others that have been tried.”

Chart of the Day

About the Author

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.