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Compare Cayman Islands (2008) - Liechtenstein (2005)

Compare Cayman Islands (2008) z Liechtenstein (2005)

 Cayman Islands (2008)Liechtenstein (2005)
 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: 20.3% (male 4,746/female 4,730)


15-64 years: 71% (male 16,135/female 16,964)


65 years and over: 8.6% (male 1,892/female 2,133) (2007 est.)
0-14 years: 17.6% (male 2,938/female 3,009)


15-64 years: 70.4% (male 11,795/female 11,927)


65 years and over: 12% (male 1,685/female 2,363) (2005 est.)
Agriculture - products vegetables, fruit; livestock; turtle farming wheat, barley, corn, potatoes; livestock, dairy products
Airports 3 (2007) none (2004 est.)
Airports - with paved runways total: 2


1,524 to 2,437 m: 2 (2007)
-
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2007)
-
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, and were administered by Jamaica after 1863. In 1959, the islands became a territory within the Federation of the West Indies, but when the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency. 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 12.6 births/1,000 population (2007 est.) 10.41 births/1,000 population (2005 est.)
Budget revenues: $423.8 million


expenditures: $392.6 million (2004)
revenues: $424.2 million


expenditures: $414.1 million, including capital expenditures of NA (1998 est.)
Capital name: George Town (on Grand Cayman)


geographic coordinates: 19 18 N, 81 23 W


time difference: UTC-5 (same time as Washington, DC during Standard Time)
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 1962, 1972, and 1994 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 4.98 deaths/1,000 population (2007 est.) 7.06 deaths/1,000 population (2005 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 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 $390,000 (2004) none
Economy - overview With no direct taxation, the islands are a thriving offshore financial center. More than 68,000 companies were registered in the Cayman Islands as of 2003, including almost 500 banks, 800 insurers, and 5,000 mutual funds. 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 2.1 million in 2003, with about half 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 372 million kWh (2005) -
Electricity - exports 0 kWh (2005) -
Electricity - imports 0 kWh (2005) -
Electricity - production 400 million kWh (2005) -
Elevation extremes lowest point: Caribbean Sea 0 m


highest point: The Bluff (Cayman Brac) 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 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 - NA (2007), 0.8496 (2006) Swiss francs per US dollar - 1.2435 (2004), 1.3467 (2003), 1.5586 (2002), 1.6876 (2001), 1.6888 (2000)
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor Stuart JACK (since 23 November 2005)


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 0 bbl/day (2004) $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 (2006) 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 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: NA%


industry: 40%


services: NA% (1999)
GDP - per capita - purchasing power parity - $25,000 (1999 est.)
GDP - real growth rate 0.9% (2004 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: 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 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 sophisticated offshore financial services sector
Imports 2,698 bbl/day (2004) $917.3 million (1996)
Imports - commodities foodstuffs, manufactured goods agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles
Imports - partners US, Netherlands Antilles, Japan (2006) EU, Switzerland
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: 7.8 deaths/1,000 live births


male: 8.94 deaths/1,000 live births


female: 6.65 deaths/1,000 live births (2007 est.)
total: 4.7 deaths/1,000 live births


male: 6.34 deaths/1,000 live births


female: 3.05 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 4.4% (2004) 1% (2001)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO
Irrigated land NA 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 23,450 (2004) 29,000 of whom 19,000 are foreigners; 13,000 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 1.3%, industry 47.4%, services 51.3% (31 December 2001 est.)
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% (2005)
arable land: 25%


permanent crops: 0%


other: 75% (2001)
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; 3 appointed members from the Executive Council and 15 elected by popular vote; to serve four-year terms)


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


election results: percent of vote by party - NA; seats by party - 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: 80.2 years


male: 77.57 years


female: 82.87 years (2007 est.)
total population: 79.55 years


male: 75.96 years


female: 83.16 years (2005 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, three island (Grand Cayman, Cayman Brac, Little Cayman) group in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica 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: 124 ships (1000 GRT or over) 2,953,923 GRT/4,597,716 DWT


by type: bulk carrier 33, cargo 11, chemical tanker 41, liquefied gas 1, passenger 1, petroleum tanker 17, refrigerated cargo 13, roll on/roll off 3, vehicle carrier 4


foreign-owned: 122 (Denmark 3, Germany 17, Greece 23, Italy 10, Japan 6, Norway 2, Singapore 10, Sweden 1, UK 9, US 41) (2007)
-
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 17.34 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2007 est.)
4.8 migrant(s)/1,000 population (2005 est.)
Pipelines - gas 20 km (2004)
Political parties and leaders United Democratic Party or UDP [McKeeva BUSH]; People's Progressive Movement or PPM [Kurt TIBBETTS]; note - no national teams (loose groupings of political organizations) were formed for the 2000 elections Patriotic Union (was Fatherland Union) or VU [Heinz FROMMELT]; Progressive Citizens' Party or FBP [Johannes MATT]; The Free List or FL [Dr. Pepo FRICK, Elisabeth TELLENBACH-FRICK, Adolf RITTER]
Political pressure groups and leaders NA NA
Population 46,600


note: most of the population lives on Grand Cayman (July 2007 est.)
33,717 (July 2005 est.)
Population below poverty line NA% NA%
Population growth rate 2.496% (2007 est.) 0.82% (2005 est.)
Ports and harbors - none
Radio broadcast stations AM 1, FM 4, shortwave 0 (2004) AM 0, FM 4, shortwave 0 (1998)
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: 1.003 male(s)/female


15-64 years: 0.951 male(s)/female


65 years and over: 0.887 male(s)/female


total population: 0.956 male(s)/female (2007 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: 0.71 male(s)/female


total population: 0.95 male(s)/female (2005 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; introduction of competition in the mobile-cellular market in 2004


international: country code - 1-345; landing point for the MAYA-1 submarine telephone cable network that provides links to the US and parts of Central and South America; submarine cable provides connectivity to Jamaica; satellite earth station - 1 Intelsat (Atlantic Ocean) (2007)
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 1.89 children born/woman (2007 est.) 1.51 children born/woman (2005 est.)
Unemployment rate 4.4% (2004) 1.3% (September 2002)
Waterways - 28 km (2004)
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