Reminder that Argentina was once one of the richest nations on Earth and a rival of the U.S. – hence the well-known phrase, “as rich as an Argentine”. Incredible facts about the Argentinian economy in the early 20th century: As rich as the U.S. per capita at the turn of the century GDP grew 6% annually during the 43 years to 1914 (fastest in the world) Top 10 wealthiest nations globally per capita by 1914 Argentinian exports peaked at ~4% of world trade during the 1920s Argentina was still as rich as much of Europe as late as 1950
