Which type of country Argentina is, rich or poor?

Primarily Argentina is a wealthy nation. But even though it is rich, there are many poor people there. Since 1991, the nation has gone through lots of changes in their financial status. The nation has been going through a lot of privatization of many of their government owned industries. Their inflation has dropped and they have opened up their commerce to foreign investors and this has made many changes.

Poverty rates declined from 40% since 1990 to 22% in 1994. But, after 1994, the poverty rate increased a bit, with changes in their income distribution and other financial changes within their nation. The average per capita income has also increased leading to better income and living standards for the people in general. So the country of
Argentina has experienced numerous changes that impacted their nation for the better, especially in the area of their finances.