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Liechtenstein (2003)

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Liechtenstein 2003 year

 Liechtenstein
Administrative divisions 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz
Age structure 0-14 years: 18.1% (male 2,979; female 3,008)


15-64 years: 70.6% (male 11,646; female 11,740)


65 years and over: 11.3% (male 1,538; female 2,234) (2003 est.)
Agriculture - products wheat, barley, corn, potatoes; livestock, dairy products
Airports none (2002)
Area total: 160 sq km


land: 160 sq km


water: 0 sq km
Area - comparative about 0.9 times the size of Washington, DC
Background The Principality of Liechtenstein was established within the Holy Roman Empire in 1719; it became a sovereign state in 1806. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding economic growth. However, shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering.
Birth rate 10.92 births/1,000 population (2003 est.)
Budget revenues: $424.2 million


expenditures: $414.1 million, including capital expenditures of $NA (1998 est.)
Capital Vaduz
Climate continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers
Coastline 0 km (doubly landlocked)
Constitution 5 October 1921
Country name conventional long form: Principality of Liechtenstein


conventional short form: Liechtenstein


local long form: Fuerstentum Liechtenstein


local short form: Liechtenstein
Currency Swiss franc (CHF)
Death rate 6.85 deaths/1,000 population (2003 est.)
Debt - external $0 (2001)
Diplomatic representation from the US the US does not have an embassy in Liechtenstein, but the US Ambassador to Switzerland is also accredited to Liechtenstein
Diplomatic representation in the US chief of mission: Ambassador Claudia FRITSCHE


chancery: 1300 Eye Street NW, Suite 550W, Washington, DC 20005


telephone: [1] (202) 216-0460


FAX: [1] (202) 216-0459
Disputes - international Liechtenstein's royal family claims restitution for 1,600 sq km of land in the Czech Republic confiscated in 1918
Economic aid - recipient none
Economy - overview Despite its small size and limited natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and living standards on a par with its large European neighbors. The Liechtenstein economy is widely diversified with a large number of small businesses. Low business taxes - the maximum tax rate is 20% - and easy incorporation rules have induced many holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues. The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. It imports more than 90% of its energy requirements. Liechtenstein has been a member of the European Economic Area (an organization serving as a bridge between the European Free Trade Association (EFTA) and the EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated Europe.
Electricity - consumption NA kWh
Electricity - exports 0 kWh (2002)
Electricity - imports 0 kWh (2002)
Electricity - production by source fossil fuel: 0%


hydro: 0%


nuclear: 0%


other: 0% (2002)
Elevation extremes lowest point: Ruggeller Riet 430 m


highest point: Grauspitz 2,599 m
Environment - current issues NA
Environment - international agreements party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulphur 85, Air Pollution-Sulphur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Wetlands


signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Climate Change-Kyoto Protocol, Law of the Sea
Ethnic groups Alemannic 86%, Italian, Turkish, and other 14%
Exchange rates Swiss francs per US dollar - 1.5586 (2002), 1.6876 (2001), 1.6888 (2000), 1.5022 (1999), 1.4498 (1998)
Executive branch chief of state: Prince HANS ADAM II (since 13 November 1989, assumed executive powers 26 August 1984); Heir Apparent Prince ALOIS, son of the monarch (born 11 June 1968)


head of government: Head of Government Otmar HASLER (since 5 April 2001) and Deputy Head of Government Rita KIEBER-BECK (since 5 April 2001)


cabinet: Cabinet elected by the Parliament, confirmed by the monarch


elections: none; the monarch is hereditary; following legislative elections, the leader of the majority party in the Diet is usually appointed the head of government by the monarch and the leader of the largest minority party in the Diet is usually appointed the deputy head of government by the monarch
Exports 0 kWh (2002)
Exports $2.47 billion (1996)
Exports - commodities small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products
Exports - partners EU 62.6% (Germany 24.3%, Austria 9.5%, France 8.9%, Italy 6.6%, UK 4.6%), US 18.9%, Switzerland 15.7%
Fiscal year calendar year
Flag description two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band
GDP purchasing power parity - $825 million (1999 est.)
GDP - composition by sector agriculture: NA%


industry: 40%


services: NA% (1999)
GDP - per capita purchasing power parity - $25,000 (1999 est.)
GDP - real growth rate 11% (1999 est.)
Geographic coordinates 47 16 N, 9 32 E
Geography - note along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation
Highways total: 250 km


paved: 250 km


unpaved: 0 km
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
Illicit drugs multilateral organizations engaged in issuing international guidelines for financial sector oversight found gaps in Liechtenstein's financial services controls that made it vulnerable to money laundering, but Liechtenstein has become less attractive as a haven for illicit funds, based on implementation in 2001 of new anti-money-laundering legislation and improved mutual legal assistance cooperation with other countries
Imports 0 kWh (2002)
Imports $917.3 million (1996)
Imports - commodities agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles
Imports - partners EU, Switzerland
Independence 23 January 1719 Imperial Principality of Liechtenstein established; 12 July 1806 established independence from the Holy Roman Empire
Industrial production growth rate NA%
Industries electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments
Infant mortality rate total: 4.85 deaths/1,000 live births


male: 6.59 deaths/1,000 live births


female: 3.09 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 1% (2001)
International organization participation CE, EBRD, ECE, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WIPO, WTrO
Internet Service Providers (ISPs) 44 (Liechtenstein and Switzerland) (2000)
Irrigated land NA sq km
Judicial branch Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht
Labor force 29,000 of which 19,000 are foreigners; 13,000 commute from Austria, Switzerland, and Germany to work each day (37256)
Labor force - by occupation industry 47.4%, services 51.3%, agriculture 1.3% (37256 est.)
Land boundaries total: 76 km


border countries: Austria 34.9 km, Switzerland 41.1 km
Land use arable land: 25%


permanent crops: 0%


other: 75% (1998 est.)
Languages German (official), Alemannic dialect
Legal system local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations
Legislative branch unicameral Parliament or Landtag (25 seats; members are elected by direct, popular vote under proportional representation to serve four-year terms)


elections: last held 11 February 2001 (next to be held by NA 2005)


election results: percent of vote by party - FBP 49.90%, VU 41.35%, FL 8.71%; seats by party - FBP 13, VU 11, FL 1
Life expectancy at birth total population: 79.25 years


male: 75.63 years


female: 82.87 years (2003 est.)
Literacy definition: age 10 and over can read and write


total population: 100%


male: 100%


female: 100% (1981 est.)
Location Central Europe, between Austria and Switzerland
Map references Europe
Maritime claims none (landlocked)
Military - note defense is the responsibility of Switzerland
National holiday Assumption Day, 15 August
Nationality noun: Liechtensteiner(s)


adjective: Liechtenstein
Natural hazards NA
Natural resources hydroelectric potential, arable land
Net migration rate 4.89 migrant(s)/1,000 population (2003 est.)
Pipelines gas 20 km (2003)
Political parties and leaders Fatherland Union or VU [Oswald KRANZ]; Progressive Citizens' Party or FBP [Ernst WALCH]; The Free List or FL [Dr. Pepo FRICK, Karin JENNY, Rene HASLER]
Political pressure groups and leaders NA
Population 33,145 (July 2003 est.)
Population below poverty line NA%
Population growth rate 0.9% (2003 est.)
Ports and harbors none
Radio broadcast stations AM 0, FM 4, shortwave 0 (1998)
Railways total: 18.5 km


standard gauge: 18.5 km 1.435-m gauge (electrified)


note: owned, operated, and included in statistics of Austrian Federal Railways (2002)
Religions Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002)
Sex ratio at birth: 1 male(s)/female


under 15 years: 0.99 male(s)/female


15-64 years: 0.99 male(s)/female


65 years and over: 0.69 male(s)/female


total population: 0.95 male(s)/female (2003 est.)
Suffrage 18 years of age; universal
Telephone system general assessment: automatic telephone system


domestic: NA


international: linked to Swiss networks by cable and microwave radio relay
Telephones - main lines in use 20,072 (2000)
Telephones - mobile cellular NA
Television broadcast stations NA (linked to Swiss networks) (1997)
Terrain mostly mountainous (Alps) with Rhine Valley in western third
Total fertility rate 1.5 children born/woman (2003 est.)
Unemployment rate 1.3% (37500)
Waterways none
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