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Compare Cayman Islands (2005) - Liechtenstein (2006)

Compare Cayman Islands (2005) z Liechtenstein (2006)

 Cayman Islands (2005)Liechtenstein (2006)
 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: 21.1% (male 4,658/female 4,662)


15-64 years: 70.8% (male 15,284/female 16,050)


65 years and over: 8.2% (male 1,699/female 1,917) (2005 est.)
0-14 years: 17.4% (male 2,922/female 2,988)


15-64 years: 70.2% (male 11,842/female 12,022)


65 years and over: 12.4% (male 1,773/female 2,440) (2006 est.)
Agriculture - products vegetables, fruit; livestock, turtle farming wheat, barley, corn, potatoes; livestock, dairy products
Airports 3 (2004 est.) -
Airports - with paved runways total: 2


1,524 to 2,437 m: 2 (2004 est.)
-
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2004 est.)
-
Area total: 262 sq km


land: 262 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 since 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. Shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering. Liechtenstein has, however, implemented new anti-money-laundering legislation and recently concluded a Mutual Legal Assistance Treaty with the US.
Birth rate 12.92 births/1,000 population (2005 est.) 10.21 births/1,000 population (2006 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 name: Vaduz


geographic coordinates: 47 09 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 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
Death rate 4.81 deaths/1,000 population (2005 est.) 7.18 deaths/1,000 population (2006 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: 888 17th Street NW, Suite 1250, Washington, DC 20006


telephone: [1] (202) 331-0590


FAX: [1] (202) 331-3221
Disputes - international none in February 2005, the ICJ refused to rule on the restitution of Liechtenstein's land and property assets in the Czech Republic confiscated in 1945 as German property
Economic aid - recipient NA $0
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 1998, 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 in 1997, with 600,000 from the US. 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 382.1 million kWh (2002) -
Electricity - exports 0 kWh (2002) -
Electricity - imports 0 kWh (2002) -
Electricity - production 410.8 million kWh (2002) -
Elevation extremes lowest point: Caribbean Sea 0 m


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


highest point: Vorder-Grauspitz 2,599 m
Environment - current issues no natural fresh water resources; drinking water supplies must be met by 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 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 - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993) Swiss francs per US dollar - 1.2452 (2005), 1.2435 (2004), 1.3467 (2003), 1.5586 (2002), 1.6876 (2001)
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952); Governor Bruce DINWIDDY (since 29 May 2002)


head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005)


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; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business
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 Ottmar 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 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
Exports NA $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% (2004)
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 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 - composition by sector agriculture: 1.4%


industry: 3.2%


services: 95.4% (1994 est.)
agriculture: 6% NA%


industry: 39%


services: 55% NA% (1999)
GDP - per capita purchasing power parity - $32,300 (2004 est.) -
GDP - real growth rate 1.7% (2002 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: 785 km


paved: 785 km (2000)
-
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: NA%


highest 10%: NA%
Illicit drugs offshore financial center; vulnerable to drug transshipment to the US and Europe has strengthened money-laundering controls, but money laundering remains a concern due to Liechtenstein's sophisticated offshore financial services sector
Imports NA $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 (2004)
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 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 total: 8.19 deaths/1,000 live births


male: 9.39 deaths/1,000 live births


female: 6.97 deaths/1,000 live births (2005 est.)
total: 4.64 deaths/1,000 live births


male: 6.24 deaths/1,000 live births


female: 3.04 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices) 2.8% (2002) 1% (2001)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, IPU, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO
Irrigated land NA sq km NA
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) 29,500 of whom 13,900 commute from Austria, Switzerland, and Germany to work each day (31 December 2001)
Labor force - by occupation agriculture 1.4%, industry 12.6%, services 86% (1995) 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: 3.85%


permanent crops: 0%


other: 96.15% (2001)
arable land: 25%


permanent crops: 0%


other: 75% (2005)
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 from the Executive Council and 15 elected by popular vote; members serve four-year terms)


elections: last held 11 May 2005 (next to be held 2009)


election results: percent of vote - NA%; seats - PPM 9, UDP 5, independent 1
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 and 13 March 2005 (next to be held by NA 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: 79.95 years


male: 77.33 years


female: 82.6 years (2005 est.)
total population: 79.68 years


male: 76.1 years


female: 83.28 years (2006 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%
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 territorial sea: 12 nm


exclusive fishing zone: 200 nm
none (landlocked)
Merchant marine total: 129 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT


by type: bulk carrier 29, cargo 12, chemical tanker 39, liquefied gas 1, petroleum tanker 17, refrigerated cargo 28, roll on/roll off 3


foreign-owned: 126 (Denmark 1, Germany 14, Greece 20, Italy 12, Norway 1, Philippines 1, Sweden 13, Switzerland 11, United Kingdom 9, United States 44) (2005)
-
Military - note defense is the responsibility of the UK defense is the responsibility of Switzerland
Military branches no regular military forces; Royal Cayman Islands Police Force -
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 18.25 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2005 est.)
4.77 migrant(s)/1,000 population (2006 est.)
Pipelines - gas 20 km (2006)
Political parties and leaders no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS] Patriotic Union (was Fatherland Union) or VU [Adolf HEEB]; Progressive Citizens' Party or FBP [Otmar HASLER]; The Free List or FL
Political pressure groups and leaders NA NA
Population 44,270 (July 2005 est.) 33,987 (July 2006 est.)
Population below poverty line NA (2002 est.) NA%
Population growth rate 2.64% (2005 est.) 0.78% (2006 est.)
Ports and harbors Cayman Brac, George Town -
Radio broadcast stations AM 1, FM 4, shortwave 0 (2004) AM 0, FM 4, shortwave 0 (1998)
Railways - 9 km 1.435-m gauge (electrified)


note: belongs to the Austrian Railway System connecting Austria and Switzerland (2006)
Religions United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002)
Sex ratio at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


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


65 years and over: 0.89 male(s)/female


total population: 0.96 male(s)/female (2005 est.)
at birth: 1.01 male(s)/female


under 15 years: 0.98 male(s)/female


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


65 years and over: 0.73 male(s)/female


total population: 0.95 male(s)/female (2006 est.)
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system general assessment: reasonably good system


domestic: liberalization of telecom market in 2003 reflected in falling prices and improving services


international: country code - 1-345; 2 submarine fiber optic cables (Maya-1, Cayman-Jamaica); satellite earth station - 1 Intelsat (Atlantic Ocean)
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 38,000 (2002) 19,900 (2002)
Telephones - mobile cellular 17,000 (2002) 11,400 (2002)
Television broadcast stations 4 with cable system (2004) 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 1.9 children born/woman (2005 est.) 1.51 children born/woman (2006 est.)
Unemployment rate 4.1% (1997) 1.3% (September 2002)
Waterways - 28 km (2005)
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