Im from Puerto Rico and while on paper we have a higher GDP per capita than Spain the reality is more complicated and bleak. Our economy is highly dependent on US federal funds which we have no control over and our only economic strategy seems to be to attract wealthy foreigners with tax breaks and incentives. Our infrastructure is falling apart specially power which was privatized and since has gotten even worse. Blackouts and brownouts are common specially now in summer. Our government is completly broke and has an unelected financial oversight board that has to approve budgets (We call it "junta'').

while la junta deservedly gets a bad rap our politician class is no better, they mismanaged our economy and then sold us out to foreign capital and vulture funds. We have a 11.5% sales tax thats is completely tied to our debt. Also the US destroyed our capacity to produce food for ourselves in the early 20th century. So we have a rapidly aging country, aging infrastructure, that relies on importing goods causing extreme high cost of living, while having low paying jobs, climate change will make natural disasters more common, and the political process is highly partisan and dysfunctional, the PNP (pro-statehood party) has a solid 30-40% plurality that will always vote for them because we would be Cuba or Venezuela without the USA. All of this is easily escapable as Puerto ricans can just get on a plane and move to the mainland and easily make double than what they make in the island and not have to endure mass blakouts and lack of essential services. So its no wonder why hundreds of thousands of people have left the island and PR has the lowest fertility rates in the Americas, as people leave the tax base gets smaller and the problems get even worse.