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Compare Liechtenstein (2001) - Bahamas, The (2004)

Compare Liechtenstein (2001) z Bahamas, The (2004)

 Liechtenstein (2001)Bahamas, The (2004)
 LiechtensteinBahamas, The
Administrative divisions 11 communes (gemeinden, singular - gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz 21 districts; Acklins and Crooked Islands, Bimini, Cat Island, Exuma, Freeport, Fresh Creek, Governor's Harbour, Green Turtle Cay, Harbour Island, High Rock, Inagua, Kemps Bay, Long Island, Marsh Harbour, Mayaguana, New Providence, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Age structure 0-14 years:
18.41% (male 2,992; female 2,996)

15-64 years:
70.6% (male 11,455; female 11,511)

65 years and over:
10.99% (male 1,439; female 2,135) (2001 est.)
0-14 years: 28.3% (male 42,474; female 42,423)


15-64 years: 65.7% (male 96,825; female 99,985)


65 years and over: 6% (male 7,351; female 10,639) (2004 est.)
Agriculture - products wheat, barley, corn, potatoes; livestock, dairy products citrus, vegetables; poultry
Airports none 63 (2003 est.)
Airports - with paved runways - total: 29


over 3,047 m: 2


2,438 to 3,047 m: 3


1,524 to 2,437 m: 14


914 to 1,523 m: 9


under 914 m: 1 (2004 est.)
Airports - with unpaved runways - total: 34


1,524 to 2,437 m: 3


914 to 1,523 m: 10


under 914 m: 21 (2004 est.)
Area total:
160 sq km

land:
160 sq km

water:
0 sq km
total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
Area - comparative about 0.9 times the size of Washington, DC slightly smaller than Connecticut
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 conclude 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. Arawak Indians inhabited the islands when Christopher Columbus first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Since attaining independence from the UK in 1973, The Bahamas have prospered through tourism and international banking and investment management. Because of its geography, the country is a major transshipment point for illegal drugs, particularly shipments to the US, and its territory is used for smuggling illegal migrants into the US.
Birth rate 11.53 births/1,000 population (2001 est.) 18.22 births/1,000 population (2004 est.)
Budget revenues:
$424.2 million

expenditures:
$414.1 million, including capital expenditures of $NA (1998 est.)
revenues: $918.5 million


expenditures: $956.5 million, including capital expenditures of $106.7 million (FY99/00)
Capital Vaduz Nassau
Climate continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers tropical marine; moderated by warm waters of Gulf Stream
Coastline 0 km (landlocked) 3,542 km
Constitution 5 October 1921 10 July 1973
Country name conventional long form:
Principality of Liechtenstein

conventional short form:
Liechtenstein

local long form:
Fuerstentum Liechtenstein

local short form:
Liechtenstein
conventional long form: Commonwealth of The Bahamas


conventional short form: The Bahamas
Currency Swiss franc (CHF) Bahamian dollar (BSD)
Death rate 6.7 deaths/1,000 population (2001 est.) 8.82 deaths/1,000 population (2004 est.)
Debt - external $0 (1996) $308.5 million (2002)
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 chief of mission: Ambassador John D. ROOD


embassy: 42 Queen Street, Nassau


mailing address: local or express mail address: P. O. Box N-8197, Nassau; Department of State, 3370 Nassau Place, Washington, DC 20521-3370


telephone: [1] (242) 322-1181, 328-2206 (after hours)


FAX: [1] (242) 356-0222
Diplomatic representation in the US Liechtenstein's Ambassador to the US, Claudia FRITSCHE, is dually accredited to the UN in New York chief of mission: Ambassador Joshua SEARS


chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 319-2660


FAX: [1] (202) 319-2668


consulate(s) general: Miami and New York
Disputes - international Liechtenstein's royal family claims restitution for 1,600 sq km of land in the Czech Republic confiscated in 1918 concerned about migrants fleeing Haiti's deteriorated economic and political conditions
Economic aid - recipient none $9.8 million (1995)
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 the urban areas of its large European neighbors. Low business taxes - the maximum tax rate is 18% - and easy incorporation rules have induced 73,700 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 European Free Trade Association (EFTA) and EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated Europe. The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 60% of GDP and directly or indirectly employs half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2001-03. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of more than 80% of the visitors. In addition to tourism and banking, the government supports the development of a "third pillar," e-commerce.
Electricity - consumption NA kWh 1.451 billion kWh (2001)
Electricity - exports NA kWh 0 kWh (2001)
Electricity - imports NA kWh 0 kWh (2001)
Electricity - production - 1.56 billion kWh (2001)
Electricity - production by source fossil fuel:
NA%

hydro:
NA%

nuclear:
NA%

other:
NA%
-
Elevation extremes lowest point:
Ruggeller Riet 430 m

highest point:
Grauspitz 2,599 m
lowest point: Atlantic Ocean 0 m


highest point: Mount Alvernia, on Cat Island 63 m
Environment - current issues NA coral reef decay; solid waste disposal
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
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands


signed, but not ratified: none of the selected agreements
Ethnic groups Alemannic 87.5%, Italian, Turkish, and other 12.5% black 85%, white 12%, Asian and Hispanic 3%
Exchange rates Swiss francs per US dollar - 1.6303 (January 2001), 1.6888 (2000), 1.5022 (1999), 1.4498 (1998), 1.4513 (1997), 1.2360 (1996) Bahamian dollars per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999)
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 Mario FRICK (since 15 December 1993) and Deputy Head of Government Michael RITTER (since 2 February 1997)

cabinet:
Cabinet elected by the Diet; 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
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Dame Ivy DUMONT (since NA May 2002)


head of government: Prime Minister Perry CHRISTIE (since 3 May 2002) and Deputy Prime Minister Cynthia PRATT (since 7 May 2002)


cabinet: Cabinet appointed by the governor general on the prime minister's recommendation


elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister
Exports $2.47 billion (1996) NA (2001)
Exports - commodities small specialty machinery, dental products, stamps, hardware, pottery fish and crawfish; rum, salt, chemicals; fruit and vegetables
Exports - partners EU and EFTA countries 60.57% (Switzerland 15.7%) (1995) US 35%, Spain 9.6%, Germany 7.8%, France 7.6%, Poland 5.3%, Switzerland 4.8%, Peru 4.2%, Paraguay 4.2% (2003)
Fiscal year calendar year 1 July - 30 June
Flag description two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side
GDP purchasing power parity - $730 million (1998 est.) purchasing power parity - $5.049 billion (2003 est.)
GDP - composition by sector agriculture:
NA%

industry:
NA%

services:
NA%
agriculture: 3%


industry: 7%


services: 90% (2001 est.)
GDP - per capita purchasing power parity - $23,000 (1998 est.) purchasing power parity - $16,700 (2003 est.)
GDP - real growth rate NA% 0% (2003 est.)
Geographic coordinates 47 10 N, 9 32 E 24 15 N, 76 00 W
Geography - note along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited
Heliports - 1 (2003 est.)
Highways total:
250 km

paved:
250 km

unpaved:
0 km
total: 2,693 km


paved: 1,546 km


unpaved: 1,147 km (1999 est.)
Household income or consumption by percentage share lowest 10%:
NA%

highest 10%:
NA%
lowest 10%: NA


highest 10%: NA
Illicit drugs multilateral organizations engaged in issuing international guidelines for financial sector oversight have found gaps in Liechtenstein's financial services controls that make it vulnerable to money laundering transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center
Imports $917.3 million (1996) NA (2001)
Imports - commodities machinery, metal goods, textiles, foodstuffs, motor vehicles machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
Imports - partners EU countries, Switzerland (1996) US 20.8%, South Korea 17.4%, Italy 11.4%, France 9.1%, Brazil 7.5%, Japan 5.6%, Venezuela 5.3% (2003)
Independence 23 January 1719 Imperial Principality of Liechtenstein established; 12 July 1806 established independence from the Holy Roman Empire 10 July 1973 (from UK)
Industrial production growth rate NA% NA (2002 est.)
Industries electronics, metal manufacturing, textiles, ceramics, pharmaceuticals, food products, precision instruments, tourism tourism, banking, e-commerce, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Infant mortality rate 4.99 deaths/1,000 live births (2001 est.) total: 25.7 deaths/1,000 live births


male: 31.73 deaths/1,000 live births


female: 19.55 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 0.5% (1997 est.) 1.7% (2002 est.)
International organization participation CE, EBRD, ECE, EFTA, IAEA, ICRM, IFRCS, Intelsat, Interpol, IOC, ITU, OPCW, OSCE, UN, UNCTAD, UNIDO, UPU, WCL, WHO (observer), WIPO, WTrO ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOM, IOC, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO (observer)
Internet Service Providers (ISPs) 44 (Liechtenstein and Switzerland) (2000) -
Irrigated land NA sq km NA sq km
Judicial branch Supreme Court or Oberster Gerichtshof; Superior Court or Obergericht Supreme Court; Court of Appeal; magistrates courts
Labor force 22,891 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day 156,000 (1999)
Labor force - by occupation industry, trade, and building 45%, services 53%, agriculture, fishing, forestry, and horticulture 2% (1997 est.) agriculture 5%, industry 5%, tourism 50%, other services 40% (1999 est.)
Land boundaries total:
76 km

border countries:
Austria 35 km, Switzerland 41 km
0 km
Land use arable land:
24%

permanent crops:
0%

permanent pastures:
16%

forests and woodland:
35%

other:
25% (1993 est.)
arable land: 0.8%


permanent crops: 0.4%


other: 98.8% (2001)
Languages German (official), Alemannic dialect English (official), Creole (among Haitian immigrants)
Legal system local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations based on English common law
Legislative branch unicameral Diet or Landtag (25 seats; members are elected by direct popular vote under proportional representation to serve four-year terms)

elections:
last held on 9-11 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
bicameral Parliament consists of the Senate (16-member body appointed by the governor general upon the advice of the prime minister and the opposition leader for five-year terms) and the House of Assembly (40 seats; members elected by direct popular vote to serve five-year terms); the government may dissolve the parliament and call elections at any time


elections: last held 1 May 2002 (next to be held by May 2007)


election results: percent of vote by party - PLP 50.8%, FNM 41.1%, independents 5.2%; seats by party - PLP 29, FNM 7, independents 4
Life expectancy at birth total population:
78.95 years

male:
75.32 years

female:
82.6 years (2001 est.)
total population: 65.63 years


male: 62.21 years


female: 69.11 years (2004 est.)
Literacy definition:
age 10 and over can read and write

total population:
100%

male:
100%

female:
100% (1981 est.)
definition: age 15 and over can read and write


total population: 95.6%


male: 94.7%


female: 96.5% (2003 est.)
Location Central Europe, between Austria and Switzerland Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Map references Europe Central America and the Caribbean
Maritime claims none (landlocked) territorial sea: 12 nm


exclusive economic zone: 200 nm
Merchant marine - total: 1,035 ships (1,000 GRT or over) 31,631,252 GRT/43,025,977 DWT


by type: bulk 165, cargo 188, chemical tanker 45, combination bulk 10, combination ore/oil 17, container 97, liquefied gas 27, livestock carrier 2, multi-functional large load carrier 4, passenger 108, passenger/cargo 1, petroleum tanker 163, refrigerated cargo 133, roll on/roll off 34, short-sea/passenger 18, specialized tanker 3, vehicle carrier 20


foreign-owned: Algeria 1, Australia 7, Belgium 14, Bermuda 1, Canada 4, Chile 1, China 4, Croatia 1, Cuba 3, Cyprus 14, Denmark 49, Estonia 1, Faroe Islands 1, Finland 9, France 21, Germany 13, Gibraltar 1, Greece 163, Hong Kong 9, India 1, Indonesia 3, Ireland 1, Israel 3, Italy 7, Japan 35, Kenya 2, South Korea 1, Latvia 1, Liberia 1, Malaysia 11, Malta 1, Monaco 68, Netherlands 29, New Zealand 1, Norway 231, Panama 2, Philippines 3, Poland 14, Reunion 1, Russia 1, Saudi Arabia 9, Singapore 13, Slovenia 1, Spain 6, Sweden 9, Switzerland 1, Thailand 1, Trinidad and Tobago 2


registered in other countries: 11 (2004 est.)
Military - note defense is the responsibility of Switzerland -
Military branches - Royal Bahamas Defense Force (including Coast Guard)
Military expenditures - dollar figure - NA
Military expenditures - percent of GDP - NA
National holiday Assumption Day, 15 August Independence Day, 10 July (1973)
Nationality noun:
Liechtensteiner(s)

adjective:
Liechtenstein
noun: Bahamian(s)


adjective: Bahamian
Natural hazards NA hurricanes and other tropical storms cause extensive flood and wind damage
Natural resources hydroelectric potential, arable land salt, aragonite, timber, arable land
Net migration rate 4.98 migrant(s)/1,000 population (2001 est.) -2.2 migrant(s)/1,000 population (2004 est.)
Political parties and leaders Fatherland Union or VU [Dr. Oswald KRANZ]; Progressive Citizens' Party or FBP [Dr. Ernst WALCH]; The Free List or FL [Dr. Pepo FRICK, Karin JENNY, Rene HASLER] Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE]
Political pressure groups and leaders NA NA
Population 32,528 (July 2001 est.) 299,697


note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2004 est.)
Population below poverty line NA% NA
Population growth rate 0.98% (2001 est.) 0.72% (2004 est.)
Ports and harbors none Freeport, Matthew Town, Nassau
Radio broadcast stations AM 0, FM 4, shortwave 0 (1998) AM 3, FM 5, shortwave 0 (2004)
Radios 21,000 (1997) -
Railways total:
18.5 km; note - owned, operated, and included in statistics of Austrian Federal Railways

standard gauge:
18.5 km 1.435-m gauge (electrified)
-
Religions Roman Catholic 80%, Protestant 7.4%, unknown 7.7%, other 4.9% (1996) Baptist 32%, Anglican 20%, Roman Catholic 19%, Methodist 6%, Church of God 6%, other Protestant 12%, none or unknown 3%, other 2%
Sex ratio at birth:
1.01 male(s)/female

under 15 years:
1 male(s)/female

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

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

total population:
0.95 male(s)/female (2001 est.)
at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 0.97 male(s)/female


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


total population: 0.96 male(s)/female (2004 est.)
Suffrage 20 years of age; universal 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
general assessment: modern facilities


domestic: totally automatic system; highly developed


international: country code - 1-242; tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) (1997)
Telephones - main lines in use 20,000 (1997) 131,700 (2003)
Telephones - mobile cellular NA 121,800 (2002)
Television broadcast stations NA (linked to Swiss networks) (1997) 2 (2004)
Terrain mostly mountainous (Alps) with Rhine Valley in western third long, flat coral formations with some low rounded hills
Total fertility rate 1.5 children born/woman (2001 est.) 2.23 children born/woman (2004 est.)
Unemployment rate 1.8% (February 1999) 6.9% (2001 est.)
Waterways none -
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