British Virgin Islands (2002) | Liechtenstein (2007) | |
Administrative divisions | none (overseas territory of the UK) | 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz |
Age structure | 0-14 years: 22.4% (male 2,401; female 2,351)
15-64 years: 72.7% (male 7,962; female 7,509) 65 years and over: 4.9% (male 565; female 484) (2002 est.) |
0-14 years: 17.1% (male 2,902/female 2,963)
15-64 years: 70% (male 11,887/female 12,101) 65 years and over: 12.8% (male 1,862/female 2,532) (2007 est.) |
Agriculture - products | fruits, vegetables; livestock, poultry; fish | wheat, barley, corn, potatoes; livestock, dairy products |
Airports | 3 (2001) | - |
Airports - with paved runways | total: 2
914 to 1,523 m: 1 under 914 m: 1 (2002) |
- |
Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2002) |
- |
Area | total: 153 sq km
land: 153 sq km water: 0 sq km note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the island of Anegada |
total: 160 sq km
land: 160 sq km water: 0 sq km |
Area - comparative | about 0.9 times the size of Washington, DC | about 0.9 times the size of Washington, DC |
Background | First settled by the Dutch in 1648, the islands were annexed in 1672 by the English. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. | 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. Shortcomings in banking regulatory oversight resulted in concerns about the use of financial institutions for money laundering. However, Liechtenstein implemented anti-money-laundering legislation over the past several years and a Mutual Legal Assistance Treaty with the US went into effect in 2003. |
Birth rate | 15.09 births/1,000 population (2002 est.) | 10.02 births/1,000 population (2007 est.) |
Budget | revenues: $121.5 million
expenditures: $115.5 million, including capital expenditures of $NA (1997) |
revenues: $424.2 million
expenditures: $414.1 million (1998 est.) |
Capital | Road Town | name: Vaduz
geographic coordinates: 47 08 N, 9 31 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October |
Climate | subtropical; humid; temperatures moderated by trade winds | continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers |
Coastline | 80 km | 0 km (doubly landlocked) |
Constitution | 1 June 1977 | 5 October 1921 |
Country name | conventional long form: none
conventional short form: British Virgin Islands abbreviation: BVI |
conventional long form: Principality of Liechtenstein
conventional short form: Liechtenstein local long form: Fuerstentum Liechtenstein local short form: Liechtenstein |
Currency | US dollar (USD) | - |
Death rate | 4.42 deaths/1,000 population (2002 est.) | 7.3 deaths/1,000 population (2007 est.) |
Debt - external | $36.1 million (1997) | $0 (2001) |
Dependency status | overseas territory of the UK; internal self-governing | - |
Diplomatic representation from the US | none (overseas territory of the UK) | the US does not have an embassy in Liechtenstein; the US Ambassador to Switzerland is accredited to Liechtenstein |
Diplomatic representation in the US | none (overseas territory of the UK) | chief of mission: Ambassador Claudia FRITSCHE
chancery: 888 17th Street NW, Suite 1250, Washington, DC 20006 telephone: [1] (202) 331-0590 FAX: [1] (202) 331-3221 |
Disputes - international | none | none |
Economic aid - recipient | NA | - |
Economy - overview | The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1998. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, is expected to make the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the dollar as its currency since 1959. | 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 | 39.1 million kWh (1999) | - |
Electricity - exports | 0 kWh (1999) | - |
Electricity - imports | 0 kWh (1999) | - |
Electricity - production | 42 million kWh (1999) | - |
Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (1999) |
- |
Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 m |
lowest point: Ruggeller Riet 430 m
highest point: Vorder-Grauspitz 2,599 m |
Environment - current issues | limited natural fresh water resources (except for a few seasonal streams and springs on Tortola, most of the islands' water supply comes from wells and rainwater catchments) | NA |
Environment - international agreements | - | party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Wetlands
signed, but not ratified: Law of the Sea |
Ethnic groups | black 83%, white, Indian, Asian and mixed | Alemannic 86%, Italian, Turkish, and other 14% |
Exchange rates | the US dollar is used | Swiss francs per US dollar - 1.2539 (2006), 1.2452 (2005), 1.2435 (2004), 1.3467 (2003), 1.5586 (2002) |
Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Tom MACAN (since 14 October 2002)
head of government: Chief Minister Ralph T. O'NEAL (since 15 May 1995) cabinet: Executive Council appointed by the governor from members of the Legislative Council elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed chief minister by the governor |
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); note - on 15 August 2004, HANS ADAM transferred the official duties of the ruling prince to ALOIS, but HANS ADAM retains status of chief of state
head of government: Head of Government Otmar HASLER (since 5 April 2001); Deputy Head of Government Klaus TSCHUETSCHER (since 21 April 2005) 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 Landtag is usually appointed the head of government by the monarch and the leader of the largest minority party in the Landtag is usually appointed the deputy head of government by the monarch if there is a coalition government |
Exports | $6.2 million | $2.47 billion (1996) |
Exports - commodities | rum, fresh fish, fruits, animals; gravel, sand | small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products |
Exports - partners | Virgin Islands (US), Puerto Rico, US | EU 62.6% (Germany 24.3%, Austria 9.5%, France 8.9%, Italy 6.6%, UK 4.6%), US 18.9%, Switzerland 15.7% (2006) |
Fiscal year | 1 April - 31 March | calendar year |
Flag description | blue, with the flag of the UK in the upper hoist-side quadrant and the Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful) | 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 - $311 million (2000 est.) | - |
GDP - composition by sector | agriculture: 2%
industry: 6% services: 92% (1996 est.) |
agriculture: 6%
industry: 39% services: 55% (2001) |
GDP - per capita | purchasing power parity - $16,000 (2000 est.) | - |
GDP - real growth rate | 4.4% (2000 est.) | 11% (1999 est.) |
Geographic coordinates | 18 30 N, 64 30 W | 47 16 N, 9 32 E |
Geography - note | strong ties to nearby US Virgin Islands and Puerto Rico | along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation |
Highways | total: 177 km
paved: 177 km unpaved: 0 km (2000) |
- |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA%
highest 10%: NA% |
Illicit drugs | transshipment point for South American narcotics destined for the US and Europe; large offshore financial center | has strengthened money laundering controls, but money laundering remains a concern due to Liechtenstein's sophisticated offshore financial services sector |
Imports | $230 million (2000 est.) | $917.3 million (1996) |
Imports - commodities | building materials, automobiles, foodstuffs, machinery | agricultural products, raw materials, energy products, machinery, metal goods, textiles, foodstuffs, motor vehicles |
Imports - partners | Virgin Islands (US), Puerto Rico, US | EU, Switzerland (2006) |
Independence | none (overseas territory of the UK) | 23 January 1719 (Principality of Liechtenstein established); 12 July 1806 (independence from the Holy Roman Empire) |
Industrial production growth rate | 4% (1985) | NA% |
Industries | tourism, light industry, construction, rum, concrete block, offshore financial center | electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments |
Infant mortality rate | 19.55 deaths/1,000 live births (2002 est.) | total: 4.58 deaths/1,000 live births
male: 6.13 deaths/1,000 live births female: 3.02 deaths/1,000 live births (2007 est.) |
Inflation rate (consumer prices) | 3.3% (2000) | 1% (2001) |
International organization participation | Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate) | CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, IPU, ITSO, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO |
Internet Service Providers (ISPs) | 16 (2000) | - |
Irrigated land | NA sq km | NA |
Judicial branch | Eastern Caribbean Supreme Court, consisting of the High Court of Justice and the Court of Appeal (one judge of the Supreme Court is a resident of the islands and presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction | Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht |
Labor force | 4,911 (1980) | 29,500 of whom 13,900 commute from Austria, Switzerland, and Germany to work each day (31 December 2001) |
Labor force - by occupation | agriculture NA%, industry NA%, services NA% | agriculture: 2%
industry: 47% services: 51% (31 December 2001) |
Land boundaries | 0 km | total: 76 km
border countries: Austria 34.9 km, Switzerland 41.1 km |
Land use | arable land: 20%
permanent crops: 6.67% other: 73.33% (1998 est.) |
arable land: 25%
permanent crops: 0% other: 75% (2005) |
Languages | English (official) | German (official), Alemannic dialect |
Legal system | English law | local civil and penal codes based on civil law system; accepts compulsory ICJ jurisdiction with reservations |
Legislative branch | unicameral Legislative Council (13 seats; members are elected by direct popular vote, one member from each of 9 electoral districts, four at-large members; members serve four-year terms)
elections: last held 17 May 1999 (next to be held NA 2003) election results: percent of vote by party - NA%; seats by party - VIP 7, CCM 1, NDP 5 |
unicameral Parliament or Landtag (25 seats; members are elected by popular vote under proportional representation to serve four-year terms)
elections: last held 11 and 13 March 2005 (next to be held by 2009) election results: percent of vote by party - FBP 48.7%, VU 38.2%, FL 13%; seats by party - FBP 12, VU 10, FL 3 |
Life expectancy at birth | total population: 75.85 years
male: 74.9 years female: 76.84 years (2002 est.) |
total population: 79.81 years
male: 76.24 years female: 83.4 years (2007 est.) |
Literacy | definition: age 15 and over can read and write
total population: 97.8% (1991 est.) male: NA% female: NA% |
definition: age 10 and over can read and write
total population: 100% male: 100% female: 100% |
Location | Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico | Central Europe, between Austria and Switzerland |
Map references | Central America and the Caribbean | Europe |
Maritime claims | exclusive fishing zone: 200 NM
territorial sea: 3 NM |
none (landlocked) |
Merchant marine | total: 1 ship (1,000 GRT or over) totaling 70,285 GRT/6,946 DWT
ships by type: passenger 1 (2002 est.) |
- |
Military - note | defense is the responsibility of the UK | defense is the responsibility of Switzerland |
National holiday | Territory Day, 1 July | Assumption Day, 15 August |
Nationality | noun: British Virgin Islander(s)
adjective: British Virgin Islander |
noun: Liechtensteiner(s)
adjective: Liechtenstein |
Natural hazards | hurricanes and tropical storms (July to October) | NA |
Natural resources | NEGL | hydroelectric potential, arable land |
Net migration rate | 10.91 migrant(s)/1,000 population (2002 est.) | 4.73 migrant(s)/1,000 population (2007 est.) |
Pipelines | - | gas 20 km (2006) |
Political parties and leaders | Concerned Citizens Movement or CCM [Ethlyn SMITH]; National Democratic Party or NDP [Orlando SMITH]; United Party or UP [Gregory MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL] | Patriotic Union or VU [Adolf HEEB] (was Fatherland Union); Progressive Citizens' Party or FBP [Otmar HASLER]; The Free List or FL [Claudia HEEB-FLECK and Egon MATT] |
Political pressure groups and leaders | NA | NA |
Population | 21,272 (July 2002 est.) | 34,247 (July 2007 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 2.16% (2002 est.) | 0.745% (2007 est.) |
Ports and harbors | Road Town | - |
Radio broadcast stations | AM 1, FM 4, shortwave 0 (1998) | AM 0, FM 4, shortwave 0 (1998) |
Radios | 9,000 (1997) | - |
Railways | 0 km | 9 km 1.435-m gauge (electrified)
note: belongs to the Austrian Railway System connecting Austria and Switzerland (2006) |
Religions | Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 2%), Roman Catholic 10%, none 2%, other 2% (1991) | Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) |
Sex ratio | at birth: 1.04 male(s)/female
under 15 years: 1.02 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.17 male(s)/female total population: 1.06 male(s)/female (2002 est.) |
at birth: 1.01 male(s)/female
under 15 years: 0.979 male(s)/female 15-64 years: 0.982 male(s)/female 65 years and over: 0.735 male(s)/female total population: 0.946 male(s)/female (2007 est.) |
Suffrage | 18 years of age; universal | 18 years of age; universal |
Telephone system | general assessment: worldwide telephone service
domestic: NA international: submarine cable to Bermuda |
general assessment: automatic telephone system
domestic: NA international: country code - 423; linked to Swiss networks by cable and microwave radio relay |
Telephones - main lines in use | 10,000 (1996) | 20,000 (2005) |
Telephones - mobile cellular | NA | 27,500 (2005) |
Television broadcast stations | 1 (plus one cable company) (1997) | NA (linked to Swiss networks) (1997) |
Terrain | coral islands relatively flat; volcanic islands steep, hilly | mostly mountainous (Alps) with Rhine Valley in western third |
Total fertility rate | 1.72 children born/woman (2002 est.) | 1.51 children born/woman (2007 est.) |
Unemployment rate | 3% (1995) | 1.3% (September 2002) |
Waterways | none | 28 km (2006) |