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Compare Liechtenstein (2001) - Bermuda (2004)

Compare Liechtenstein (2001) z Bermuda (2004)

 Liechtenstein (2001)Bermuda (2004)
 LiechtensteinBermuda
Administrative divisions 11 communes (gemeinden, singular - gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
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: 19.1% (male 6,192; female 6,186)


15-64 years: 69.3% (male 22,268; female 22,703)


65 years and over: 11.7% (male 3,295; female 4,291) (2004 est.)
Agriculture - products wheat, barley, corn, potatoes; livestock, dairy products bananas, vegetables, citrus, flowers; dairy products
Airports none 1 (2003 est.)
Airports - with paved runways - total: 1


2,438 to 3,047 m: 1 (2004 est.)
Area total:
160 sq km

land:
160 sq km

water:
0 sq km
total: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
Area - comparative about 0.9 times the size of Washington, DC about one-third the size of Washington, DC
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. Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. A referendum on independence was soundly defeated in 1995.
Birth rate 11.53 births/1,000 population (2001 est.) 11.83 births/1,000 population (2004 est.)
Budget revenues:
$424.2 million

expenditures:
$414.1 million, including capital expenditures of $NA (1998 est.)
revenues: $671.1 million


expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04)
Capital Vaduz Hamilton
Climate continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers subtropical; mild, humid; gales, strong winds common in winter
Coastline 0 km (landlocked) 103 km
Constitution 5 October 1921 8 June 1968, amended 1989 and 2003
Country name conventional long form:
Principality of Liechtenstein

conventional short form:
Liechtenstein

local long form:
Fuerstentum Liechtenstein

local short form:
Liechtenstein
conventional long form: none


conventional short form: Bermuda


former: Somers Islands
Currency Swiss franc (CHF) Bermudian dollar (BMD)
Death rate 6.7 deaths/1,000 population (2001 est.) 7.55 deaths/1,000 population (2004 est.)
Debt - external $0 (1996) $160 million (FY99/00)
Dependency status - overseas territory of the UK
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: Deputy Chief of Mission Antoinette BOECKER


consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3


mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, 5300 Hamilton Place, Washington, DC 20520-5300


telephone: [1] (441) 295-1342


FAX: [1] (441) 295-1592, [1] (441) 296-9233
Diplomatic representation in the US Liechtenstein's Ambassador to the US, Claudia FRITSCHE, is dually accredited to the UN in New York none (overseas territory of the UK)
Disputes - international Liechtenstein's royal family claims restitution for 1,600 sq km of land in the Czech Republic confiscated in 1918 none
Economic aid - recipient none NA
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. Bermuda enjoys one of the highest per capita incomes in the world, equal to that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. The effects of 11 September 2001 have had both positive and negative ramifications for Bermuda. On the positive side, a number of new reinsurance companies have located on the island, contributing to the expansion of an already robust international business sector. On the negative side, Bermuda's tourism industry - which derives over 80% of its visitors from the US - was severely hit as American tourists chose not to travel. Tourism rebounded somewhat in 2002-03. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited, only 6% of the land being arable.
Electricity - consumption NA kWh 598.6 million kWh (2001)
Electricity - exports NA kWh 0 kWh (2001)
Electricity - imports NA kWh 0 kWh (2001)
Electricity - production - 643.7 million 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: Town Hill 76 m
Environment - current issues NA asbestos disposal; water pollution; preservation of open space; sustainable development
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 Alemannic 87.5%, Italian, Turkish, and other 12.5% black 58%, white 36%, other 6%
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) Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar)
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 Sir John VEREKER (since NA April 2002)


head of government: Premier Alex SCOTT (since 24 July 2003); Deputy Premier Ewart BROWN


cabinet: Cabinet nominated by the premier, appointed by the governor


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 premier by the governor
Exports $2.47 billion (1996) NA (2001)
Exports - commodities small specialty machinery, dental products, stamps, hardware, pottery reexports of pharmaceuticals
Exports - partners EU and EFTA countries 60.57% (Switzerland 15.7%) (1995) France 62%, Norway 13.8%, UK 7.5% (2003)
Fiscal year calendar year 1 April - 31 March
Flag description two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag
GDP purchasing power parity - $730 million (1998 est.) purchasing power parity - $2.33 billion (2003 est.)
GDP - composition by sector agriculture:
NA%

industry:
NA%

services:
NA%
agriculture: 1%


industry: 10%


services: 89% (2002 est.)
GDP - per capita purchasing power parity - $23,000 (1998 est.) purchasing power parity - $36,000 (2003 est.)
GDP - real growth rate NA% 2% (2003 est.)
Geographic coordinates 47 10 N, 9 32 E 32 20 N, 64 45 W
Geography - note along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995
Highways total:
250 km

paved:
250 km

unpaved:
0 km
total: 450 km


paved: 450 km


unpaved: 0 km


note: public roads - 209 km; private roads - 241 km (2002)
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 -
Imports $917.3 million (1996) NA (2001)
Imports - commodities machinery, metal goods, textiles, foodstuffs, motor vehicles machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners EU countries, Switzerland (1996) Kazakhstan 46.7%, France 32.5%, US 8.5% (2003)
Independence 23 January 1719 Imperial Principality of Liechtenstein established; 12 July 1806 established independence from the Holy Roman Empire none (overseas territory of the UK)
Industrial production growth rate NA% NA
Industries electronics, metal manufacturing, textiles, ceramics, pharmaceuticals, food products, precision instruments, tourism tourism, international business, light manufacturing
Infant mortality rate 4.99 deaths/1,000 live births (2001 est.) total: 8.79 deaths/1,000 live births


male: 10.45 deaths/1,000 live births


female: 7.1 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 0.5% (1997 est.) 3.3% (mid-2003 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 Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force
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; Magistrate Courts
Labor force 22,891 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day 37,470 (2000)
Labor force - by occupation industry, trade, and building 45%, services 53%, agriculture, fishing, forestry, and horticulture 2% (1997 est.) agriculture and fishing 3%, laborers 17%, clerical 22%, professional and technical 17%, administrative and managerial 13%, sales 8%, services 20% (2000 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: 20%


permanent crops: 0%


other: 80% (55% developed, 45% rural/open space) (2001)
Languages German (official), Alemannic dialect English (official), Portuguese
Legal system local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations English 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 (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)


elections: last general election held 24 July 2003 (next to be held NA July 2008)


election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14
Life expectancy at birth total population:
78.95 years

male:
75.32 years

female:
82.6 years (2001 est.)
total population: 77.6 years


male: 75.54 years


female: 79.7 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: 98%


male: 98%


female: 99% (1970 est.)
Location Central Europe, between Austria and Switzerland North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Map references Europe North America
Maritime claims none (landlocked) territorial sea: 12 nm


exclusive fishing zone: 200 nm
Merchant marine - total: 94 ships (1,000 GRT or over) 4,845,326 GRT/6,501,782 DWT


by type: bulk 25, cargo 4, container 17, liquefied gas 9, passenger 6, petroleum tanker 9, refrigerated cargo 11, roll on/roll off 10, short-sea/passenger 3


foreign-owned: Croatia 5, Germany 2, Greece 21, Hong Kong 9, Indonesia 1, Sweden 6, Switzerland 1, United Kingdom 33, United States 12


registered in other countries: 2 (2004 est.)
Military - note defense is the responsibility of Switzerland defense is the responsibility of the UK
Military branches - Bermuda Regiment
Military expenditures - dollar figure - $4.03 million (2001)
Military expenditures - percent of GDP - 0.11% (FY00/01)
National holiday Assumption Day, 15 August Bermuda Day, 24 May
Nationality noun:
Liechtensteiner(s)

adjective:
Liechtenstein
noun: Bermudian(s)


adjective: Bermudian
Natural hazards NA hurricanes (June to November)
Natural resources hydroelectric potential, arable land limestone, pleasant climate fostering tourism
Net migration rate 4.98 migrant(s)/1,000 population (2001 est.) 2.49 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] Gombey Liberation Party or GLP [Gavin Sundjata SMITH]; National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS];
Political pressure groups and leaders NA Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES]
Population 32,528 (July 2001 est.) 64,935 (July 2004 est.)
Population below poverty line NA% 19% (2000)
Population growth rate 0.98% (2001 est.) 0.68% (2004 est.)
Ports and harbors none Hamilton, Saint George's, Dockyard
Radio broadcast stations AM 0, FM 4, shortwave 0 (1998) AM 5, FM 3, shortwave 0 (1998)
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) non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19%
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: 0.98 male(s)/female


65 years and over: 0.77 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: good


domestic: modern, fully automatic telephone system


international: country code - 1-441; 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
Telephones - main lines in use 20,000 (1997) 56,000 (2002)
Telephones - mobile cellular NA 37,873 (2003)
Television broadcast stations NA (linked to Swiss networks) (1997) 4 (2003)
Terrain mostly mountainous (Alps) with Rhine Valley in western third low hills separated by fertile depressions
Total fertility rate 1.5 children born/woman (2001 est.) 1.9 children born/woman (2004 est.)
Unemployment rate 1.8% (February 1999) 5% (2002 est.)
Waterways none -
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