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Compare Liechtenstein (2001) - Korea, South (2005)

Compare Liechtenstein (2001) z Korea, South (2005)

 Liechtenstein (2001)Korea, South (2005)
 LiechtensteinKorea, South
Administrative divisions 11 communes (gemeinden, singular - gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz 9 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural)

provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang)

metropolitan cities: Inch'on-gwangyoksi (Inch'on), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan)
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: 19.4% (male 4,952,177/female 4,450,821)


15-64 years: 72% (male 17,715,267/female 17,147,808)


65 years and over: 8.6% (male 1,670,971/female 2,485,600) (2005 est.)
Agriculture - products wheat, barley, corn, potatoes; livestock, dairy products rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports none 179 (2004 est.)
Airports - with paved runways - total: 88


over 3,047 m: 3


2,438 to 3,047 m: 21


1,524 to 2,437 m: 14


914 to 1,523 m: 12


under 914 m: 38 (2004 est.)
Airports - with unpaved runways - total: 91


914 to 1,523 m: 3


under 914 m: 88 (2004 est.)
Area total:
160 sq km

land:
160 sq km

water:
0 sq km
total: 98,480 sq km


land: 98,190 sq km


water: 290 sq km
Area - comparative about 0.9 times the size of Washington, DC slightly larger than Indiana
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. Korea was an independent kingdom under Chinese suzerainty for most of the past millennium. Following its victory in the Russo-Japanese War in 1905, Japan occupied Korea; five years later it formally annexed the entire peninsula. After World War II, a republic was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north. During the Korean War (1950-53), US and other UN forces intervened to defend South Korea from North Korean attacks supported by the Chinese. An armistice was signed in 1953, splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth with per capita income rising to roughly 14 times the level of North Korea. In 1987, South Korean voters elected ROH Tae-woo to the presidency, ending 26 years of military dictatorships. South Korea today is a fully functioning modern democracy. In June 2000, a historic first North-South summit took place between the South's President KIM Tae-chung and the North's leader KIM Jong Il.
Birth rate 11.53 births/1,000 population (2001 est.) 10.08 births/1,000 population (2005 est.)
Budget revenues:
$424.2 million

expenditures:
$414.1 million, including capital expenditures of $NA (1998 est.)
revenues: $150.5 billion


expenditures: $155.8 billion, including capital expenditures of NA (2004 est.)
Capital Vaduz Seoul
Climate continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers temperate, with rainfall heavier in summer than winter
Coastline 0 km (landlocked) 2,413 km
Constitution 5 October 1921 17 July 1948
Country name conventional long form:
Principality of Liechtenstein

conventional short form:
Liechtenstein

local long form:
Fuerstentum Liechtenstein

local short form:
Liechtenstein
conventional long form: Republic of Korea


conventional short form: South Korea


local long form: Taehan-min'guk


local short form: none


note: the South Koreans generally use the term "Han'guk" to refer to their country


abbreviation: ROK
Currency Swiss franc (CHF) -
Death rate 6.7 deaths/1,000 population (2001 est.) 6.26 deaths/1,000 population (2005 est.)
Debt - external $0 (1996) $160 billion (2004 est.)
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 Christopher R. HILL


embassy: 82 Sejong-no, Jongno-gu, Seoul 110-710


mailing address: American Embassy, Unit 15550, APO AP 96205-5550


telephone: [82] (2) 397-4114


FAX: [82] (2) 738-8845
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 Lee Tae-sik (designated)


chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 939-5600


FAX: [1] (202) 387-0205


consulate(s) general: Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, and Seattle


consulate(s): Agana (Guam) 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 Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic maritime disputes with North Korea over the Northern Limit Line; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
Economic aid - donor - ODA $334 million (2003)
Economic aid - recipient none -
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. Since the early 1960s, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Four decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, it joined the trillion dollar club of world economies. Today its GDP per capita is 14 times North Korea's and equal to the lesser economies of the European Union. This success through the late 1980s was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-99 exposed longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. Growth plunged to a negative 6.9% in 1998, then strongly recovered to 9.5% in 1999 and 8.5% in 2000. Growth fell back to 3.3% in 2001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms had stalled. Led by consumer spending and exports, growth in 2002 was an impressive 7.0%, despite anemic global growth. Economic growth fell to 3.1% in 2003 because of a downturn in consumer spending and recovered to an estimated 4.6% in 2004 on the strength of rapid export growth. The government plans to boost infrastructure spending in 2005. Moderate inflation, low unemployment, an export surplus, and fairly equal distribution of income characterize this solid economy.
Electricity - consumption NA kWh 293.6 billion kWh (2003)
Electricity - exports NA kWh 0 kWh (2003)
Electricity - imports NA kWh 0 kWh (2003)
Electricity - production - 322.5 billion kWh (2003)
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: Sea of Japan 0 m


highest point: Halla-san 1,950 m
Environment - current issues NA air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing
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: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: none of the selected agreements
Ethnic groups Alemannic 87.5%, Italian, Turkish, and other 12.5% homogeneous (except for about 20,000 Chinese)
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) South Korean won per US dollar - 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (2002), 1,291 (2001), 1,131 (2000)
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: President ROH Moo-hyun (since 25 February 2003)


head of government: Prime Minister LEE Hae-chan (since 25 May 2004); Deputy Prime Ministers HAN Duck-soo (14 March 2005), KIM Jin-pyo (since 28 January 2005), and OH Myung (since 18 October 2004)


cabinet: State Council appointed by the president on the prime minister's recommendation


elections: president elected by popular vote for single five-year term; election last held 19 December 2002 (next to be held in February 2008); prime minister appointed by president with consent of National Assembly; deputy prime ministers appointed by president on prime minister's recommendation


election results: results of the 19 December 2002 election - ROH Moo-hyun elected president; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; other 4.5%
Exports $2.47 billion (1996) 630,100 bbl/day (2003)
Exports - commodities small specialty machinery, dental products, stamps, hardware, pottery semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners EU and EFTA countries 60.57% (Switzerland 15.7%) (1995) China 19.7%, US 17%, Japan 8.6%, Hong Kong 7.2% (2004)
Fiscal year calendar year calendar year
Flag description two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field
GDP purchasing power parity - $730 million (1998 est.) -
GDP - composition by sector agriculture:
NA%

industry:
NA%

services:
NA%
agriculture: 3.2%


industry: 40.4%


services: 56.3% (2004 est.)
GDP - per capita purchasing power parity - $23,000 (1998 est.) purchasing power parity - $19,200 (2004 est.)
GDP - real growth rate NA% 4.6% (2004 est.)
Geographic coordinates 47 10 N, 9 32 E 37 00 N, 127 30 E
Geography - note along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation strategic location on Korea Strait
Heliports - 206 (2004 est.)
Highways total:
250 km

paved:
250 km

unpaved:
0 km
total: 86,990 km


paved: 66,721 km (including 1,996 km of expressways)


unpaved: 20,269 km (2001)
Household income or consumption by percentage share lowest 10%:
NA%

highest 10%:
NA%
lowest 10%: 2.9%


highest 10%: 22.5% (1999 est.)
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) 2.263 million bbl/day (2003)
Imports - commodities machinery, metal goods, textiles, foodstuffs, motor vehicles machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners EU countries, Switzerland (1996) Japan 20.6%, China 13.2%, US 12.9%, Saudi Arabia 5.3% (2004)
Independence 23 January 1719 Imperial Principality of Liechtenstein established; 12 July 1806 established independence from the Holy Roman Empire 15 August 1945 (from Japan)
Industrial production growth rate NA% 10.1% (2004 est.)
Industries electronics, metal manufacturing, textiles, ceramics, pharmaceuticals, food products, precision instruments, tourism electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
Infant mortality rate 4.99 deaths/1,000 live births (2001 est.) total: 7.05 deaths/1,000 live births


male: 7.5 deaths/1,000 live births


female: 6.57 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 0.5% (1997 est.) 3.6% (2004 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 AfDB, APEC, APT, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EBRD, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAIA, MIGA, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNIDO, UNMIL, UNMOGIP, UNOMIG, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO, ZC
Internet Service Providers (ISPs) 44 (Liechtenstein and Switzerland) (2000) -
Irrigated land NA sq km 11,590 sq km (1998 est.)
Judicial branch Supreme Court or Oberster Gerichtshof; Superior Court or Obergericht Supreme Court (justices appointed by president with consent of National Assembly); Constitutional Court (justices appointed by president based partly on nominations by National Assembly and Chief Justice of the court)
Labor force 22,891 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day 22.9 million (2004 est.)
Labor force - by occupation industry, trade, and building 45%, services 53%, agriculture, fishing, forestry, and horticulture 2% (1997 est.) agriculture 8%, industry 19%, services 73% (2004 est.)
Land boundaries total:
76 km

border countries:
Austria 35 km, Switzerland 41 km
total: 238 km


border countries: North Korea 238 km
Land use arable land:
24%

permanent crops:
0%

permanent pastures:
16%

forests and woodland:
35%

other:
25% (1993 est.)
arable land: 17.18%


permanent crops: 1.95%


other: 80.87% (2001)
Languages German (official), Alemannic dialect Korean, English widely taught in junior high and high school
Legal system local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought
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
unicameral National Assembly or Kukhoe (299 seats - members elected for four-year terms; 243 in single-seat constituencies, 56 by proportional representation


elections: last held 15 April 2004 (next to be held in April 2008; byelections held on 30 April 2005)


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 146, GNP 125, DLP 10, DP 9, ULD 3, independents 6


note: percent of vote is for 2004 general election; seats by party reflect results of 2005 byelections involving six seats; MDP became DP in May 2005 (2005)
Life expectancy at birth total population:
78.95 years

male:
75.32 years

female:
82.6 years (2001 est.)
total population: 76.85 years


male: 73.42 years


female: 80.57 years (2005 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: 97.9%


male: 99.2%


female: 96.6% (2002)
Location Central Europe, between Austria and Switzerland Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Map references Europe Asia
Maritime claims none (landlocked) territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait


contiguous zone: 24 nm


exclusive economic zone: 200 nm


continental shelf: not specified
Merchant marine - total: 601 ships (1,000 GRT or over) 6,992,656 GRT/11,081,142 DWT


by type: bulk carrier 125, cargo 196, chemical tanker 88, container 71, liquefied gas 20, passenger 5, passenger/cargo 22, petroleum tanker 51, refrigerated cargo 15, roll on/roll off 5, vehicle carrier 3


foreign-owned: 2 (Germany 1, United Kingdom 1)


registered in other countries: 366 (2005)
Military - note defense is the responsibility of Switzerland -
Military branches - Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard)
Military expenditures - dollar figure - $16.18 billion (2004)
Military expenditures - percent of GDP - 2.8% (2004)
National holiday Assumption Day, 15 August Liberation Day, 15 August (1945)
Nationality noun:
Liechtensteiner(s)

adjective:
Liechtenstein
noun: Korean(s)


adjective: Korean
Natural hazards NA occasional typhoons bring high winds and floods; low-level seismic activity common in southwest
Natural resources hydroelectric potential, arable land coal, tungsten, graphite, molybdenum, lead, hydropower potential
Net migration rate 4.98 migrant(s)/1,000 population (2001 est.) 0 migrant(s)/1,000 population (2005 est.)
Pipelines - gas 1,433 km; refined products 827 km (2004)
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] Democratic Labor Party or DLP [KIM Hye-kyung, chairwoman]; Democratic Party or DP [HAHN Hwa-kap, chairman]; Grand National Party or GNP [PARK Geun-hye, chairwoman]; United Liberal Democrats or ULD [KIM Hak-won, chairman]; Uri Party [MOON Hee-sang, chairman]
Political pressure groups and leaders NA Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations
Population 32,528 (July 2001 est.) 48,422,644 (July 2005 est.)
Population below poverty line NA% 4% (2001 est.)
Population growth rate 0.98% (2001 est.) 0.38% (2005 est.)
Ports and harbors none Inch'on, Masan, P'ohang, Pusan, Ulsan
Radio broadcast stations AM 0, FM 4, shortwave 0 (1998) AM 58, FM 150, shortwave 2 (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)
total: 3,472 km


standard gauge: 3,472 km 1.435-m gauge (1,342 km electrified) (2004)
Religions Roman Catholic 80%, Protestant 7.4%, unknown 7.7%, other 4.9% (1996) no affiliation 46%, Christian 26%, Buddhist 26%, Confucianist 1%, other 1%
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: 1.08 male(s)/female


under 15 years: 1.11 male(s)/female


15-64 years: 1.03 male(s)/female


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


total population: 1.01 male(s)/female (2005 est.)
Suffrage 20 years of age; universal 20 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: excellent domestic and international services


domestic: NA


international: country code - 82; fiber-optic submarine cable to China; the Russia-Korea-Japan submarine cable; satellite earth stations - 3 Intelsat (2 Pacific Ocean and 1 Indian Ocean) and 1 Inmarsat (Pacific Ocean region)
Telephones - main lines in use 20,000 (1997) 22.877 million (2003)
Telephones - mobile cellular NA 33,591,800 (2003)
Television broadcast stations NA (linked to Swiss networks) (1997) 64 (additionally 119 Cable Operators; 239 Relay Cable Operators) (2004)
Terrain mostly mountainous (Alps) with Rhine Valley in western third mostly hills and mountains; wide coastal plains in west and south
Total fertility rate 1.5 children born/woman (2001 est.) 1.26 children born/woman (2005 est.)
Unemployment rate 1.8% (February 1999) 3.6% (2004 est.)
Waterways none 1,608 km


note: most navigable only by small craft (2004)
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