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Compare Cayman Islands (2001) - Liechtenstein (2003)

Compare Cayman Islands (2001) z Liechtenstein (2003)

 Cayman Islands (2001)Liechtenstein (2003)
 Cayman IslandsLiechtenstein
Administrative divisions 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz
Age structure 0-14 years:
22.21% (male 3,807; female 4,084)

15-64 years:
69.74% (male 12,102; female 12,676)

65 years and over:
8.05% (male 1,318; female 1,540) (2001 est.)
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 vegetables, fruit; livestock, turtle farming wheat, barley, corn, potatoes; livestock, dairy products
Airports 3 (2000 est.) none (2002)
Airports - with paved runways total:
2

1,524 to 2,437 m:
2 (2000 est.)
-
Airports - with unpaved runways total:
1

914 to 1,523 m:
1 (2000 est.)
-
Area total:
259 sq km

land:
259 sq km

water:
0 sq km
total: 160 sq km


land: 160 sq km


water: 0 sq km
Area - comparative 1.5 times the size of Washington, DC about 0.9 times the size of Washington, DC
Background The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica from 1863, they remained a British dependency after 1962 when the former became independent. 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 13.79 births/1,000 population (2001 est.) 10.92 births/1,000 population (2003 est.)
Budget revenues:
$265.2 million

expenditures:
$248.9 million, including capital expenditures of $NA (1997)
revenues: $424.2 million


expenditures: $414.1 million, including capital expenditures of $NA (1998 est.)
Capital George Town Vaduz
Climate tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers
Coastline 160 km 0 km (doubly landlocked)
Constitution 1959, revised 1972 and 1992 5 October 1921
Country name conventional long form:
none

conventional short form:
Cayman Islands
conventional long form: Principality of Liechtenstein


conventional short form: Liechtenstein


local long form: Fuerstentum Liechtenstein


local short form: Liechtenstein
Currency Caymanian dollar (KYD) Swiss franc (CHF)
Death rate 5.15 deaths/1,000 population (2001 est.) 6.85 deaths/1,000 population (2003 est.)
Debt - external $70 million (1996) $0 (2001)
Dependency status overseas territory of the UK -
Diplomatic representation from the US none (overseas territory of the UK) 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 none (overseas territory of the UK) 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 none Liechtenstein's royal family claims restitution for 1,600 sq km of land in the Czech Republic confiscated in 1918
Economic aid - recipient $NA none
Economy - overview With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1997, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million visitors in 1997. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. 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 306.9 million kWh (1999) NA kWh
Electricity - exports 0 kWh (1999) 0 kWh (2002)
Electricity - imports 0 kWh (1999) 0 kWh (2002)
Electricity - production 330 million kWh (1999) -
Electricity - production by source fossil fuel:
100%

hydro:
0%

nuclear:
0%

other:
0% (1999)
fossil fuel: 0%


hydro: 0%


nuclear: 0%


other: 0% (2002)
Elevation extremes lowest point:
Caribbean Sea 0 m

highest point:
The Bluff 43 m
lowest point: Ruggeller Riet 430 m


highest point: Grauspitz 2,599 m
Environment - current issues no natural fresh water resources; drinking water supplies must be met by rainwater catchment 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 mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% Alemannic 86%, Italian, Turkish, and other 14%
Exchange rates Caymanian dollars per US dollar - 0.83 (3 November 1995), 0.85 (22 November 1993) 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:
Queen ELIZABETH II (since 6 February 1952); Governor and President of the Executive Council Peter SMITH (since 5 May 1999)

head of government:
Kurt TIBBETTS (since November 2000)

cabinet:
Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly)

elections:
none; the monarch is hereditary; the governor is appointed by the monarch
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 $1.5 million (1998) $2.47 billion (1996)
Exports - commodities turtle products, manufactured consumer goods small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products
Exports - partners mostly 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%
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 Caymanian coat of arms on a white disk centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS 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 - $930 million (1997 est.) purchasing power parity - $825 million (1999 est.)
GDP - composition by sector agriculture:
1.4%

industry:
3.2%

services:
95.4% (1994 est.)
agriculture: NA%


industry: 40%


services: NA% (1999)
GDP - per capita purchasing power parity - $24,500 (1997 est.) purchasing power parity - $25,000 (1999 est.)
GDP - real growth rate 4.9% (1999 est.) 11% (1999 est.)
Geographic coordinates 19 30 N, 80 30 W 47 16 N, 9 32 E
Geography - note important location between Cuba and Central America along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation
Highways total:
406 km

paved:
304 km

unpaved:
102 km
total: 250 km


paved: 250 km


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

highest 10%:
NA%
lowest 10%: NA%


highest 10%: NA%
Illicit drugs vulnerable to drug money laundering and drug transshipment to the US and Europe 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 $507.6 million (1998) $917.3 million (1996)
Imports - commodities foodstuffs, manufactured goods agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles
Imports - partners US, Trinidad and Tobago, UK, Netherlands Antilles, Japan EU, Switzerland
Independence none (overseas territory of the UK) 23 January 1719 Imperial Principality of Liechtenstein established; 12 July 1806 established independence from the Holy Roman Empire
Industrial production growth rate NA% NA%
Industries tourism, banking, insurance and finance, construction, construction materials, furniture electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments
Infant mortality rate 10.16 deaths/1,000 live births (2001 est.) 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) 3% (1998) 1% (2001)
International organization participation Caricom (observer), CDB, Interpol (subbureau), IOC, UNESCO (associate) CE, EBRD, ECE, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WIPO, WTrO
Internet Service Providers (ISPs) 16 (2000) 44 (Liechtenstein and Switzerland) (2000)
Irrigated land NA sq km NA sq km
Judicial branch Summary Court; Grand Court; Cayman Islands Court of Appeal Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht
Labor force 19,820 (1995) 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 agriculture 1.4%, industry 12.6%, services 86% (1995) industry 47.4%, services 51.3%, agriculture 1.3% (37256 est.)
Land boundaries 0 km total: 76 km


border countries: Austria 34.9 km, Switzerland 41.1 km
Land use arable land:
0%

permanent crops:
0%

permanent pastures:
8%

forests and woodland:
23%

other:
69% (1993 est.)
arable land: 25%


permanent crops: 0%


other: 75% (1998 est.)
Languages English German (official), Alemannic dialect
Legal system British common law and local statutes local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations
Legislative branch unicameral Legislative Assembly (18 seats, three appointed members and 15 elected by popular vote; members serve four-year terms)

elections:
last held 8 November 2000 (next to be held NA November 2004)

election results:
percent of vote - NA%; seats - NA
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:
79.03 years

male:
76.24 years

female:
81.43 years (2001 est.)
total population: 79.25 years


male: 75.63 years


female: 82.87 years (2003 est.)
Literacy definition:
age 15 and over has ever attended school

total population:
98%

male:
98%

female:
98% (1970 est.)
definition: age 10 and over can read and write


total population: 100%


male: 100%


female: 100% (1981 est.)
Location Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras Central Europe, between Austria and Switzerland
Map references Central America and the Caribbean Europe
Maritime claims exclusive fishing zone:
200 NM

territorial sea:
12 NM
none (landlocked)
Merchant marine total:
106 ships (1,000 GRT or over) totaling 1,656,452 GRT/2,643,036 DWT

ships by type:
bulk 21, cargo 5, chemical tanker 27, container 4, liquefied gas 1, petroleum tanker 13, refrigerated cargo 30, roll on/roll off 4, specialized tanker 1

note:
includes some foreign-owned ships registered here as a flag of convenience: Cyprus 2, Denmark 2, Finland 1, Greece 11, Norway 3, UK 3, US 3 (2000 est.)
-
Military - note defense is the responsibility of the UK defense is the responsibility of Switzerland
Military branches Royal Cayman Islands Police Force (RCIPF) -
National holiday Constitution Day, first Monday in July Assumption Day, 15 August
Nationality noun:
Caymanian(s)

adjective:
Caymanian
noun: Liechtensteiner(s)


adjective: Liechtenstein
Natural hazards hurricanes (July to November) NA
Natural resources fish, climate and beaches that foster tourism hydroelectric potential, arable land
Net migration rate 12.58 migrant(s)/1,000 population (2001 est.)

note:
major destination for Cubans trying to migrate to the US
4.89 migrant(s)/1,000 population (2003 est.)
Pipelines - gas 20 km (2003)
Political parties and leaders there are no formal political parties but the following loose groupings act as political organizations; National Team; Democratic Alliance; Team Cayman 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 NA
Population 35,527 (July 2001 est.) 33,145 (July 2003 est.)
Population below poverty line NA% NA%
Population growth rate 2.12% (2001 est.) 0.9% (2003 est.)
Ports and harbors Cayman Brac, George Town none
Radio broadcast stations AM 1, FM 5, shortwave 0 (1998) AM 0, FM 4, shortwave 0 (1998)
Radios 36,000 (1997) -
Railways 0 km 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 United Church (Presbyterian and Congregational), Anglican, Baptist, Roman Catholic, Church of God, other Protestant Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002)
Sex ratio at birth:
0.86 male(s)/female

under 15 years:
0.93 male(s)/female

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

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

total population:
0.94 male(s)/female (2001 est.)
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 18 years of age; universal
Telephone system general assessment:
NA

domestic:
NA

international:
1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean)
general assessment: automatic telephone system


domestic: NA


international: linked to Swiss networks by cable and microwave radio relay
Telephones - main lines in use 19,000 (1995) 20,072 (2000)
Telephones - mobile cellular 2,534 (1995) NA
Television broadcast stations NA NA (linked to Swiss networks) (1997)
Terrain low-lying limestone base surrounded by coral reefs mostly mountainous (Alps) with Rhine Valley in western third
Total fertility rate 2.04 children born/woman (2001 est.) 1.5 children born/woman (2003 est.)
Unemployment rate 4.1% (1997) 1.3% (37500)
Waterways none none
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