Is Costa Rica rich or poor?

Costa Rica is considered an upper-middle-income country by the World Bank. It has a relatively high gross domestic product (GDP) per capita and a strong social safety net. However, there is still a significant amount of poverty in the country, with an estimated 20% of the population living below the poverty line.

There are a number of factors that contribute to Costa Rica's relatively high level of poverty. These include a high birth rate, a large informal economy, and a lack of investment in education and job training. Additionally, the country has been heavily reliant on tourism, which is vulnerable to shocks such as the COVID-19 pandemic.

The government of Costa Rica is working to address these issues and reduce poverty. Some of the measures that have been put in place include targeted social programs, investments in education and job training, and the promotion of economic diversification.

Despite the challenges it faces, Costa Rica remains a prosperous and stable country with a good quality of life. It is expected to continue to grow economically in the coming years, which will likely lead to a reduction in poverty.

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