Liechtenstein (2001) | Liechtenstein (2003) | |
Administrative divisions | 11 communes (gemeinden, singular - gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz | 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz |
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: 18.1% (male 2,979; female 3,008)
15-64 years: 70.6% (male 11,646; female 11,740) 65 years and over: 11.3% (male 1,538; female 2,234) (2003 est.) |
Airports | none | none (2002) |
Area | total:
160 sq km land: 160 sq km water: 0 sq km |
total: 160 sq km
land: 160 sq km water: 0 sq km |
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. | 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. However, shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering. |
Birth rate | 11.53 births/1,000 population (2001 est.) | 10.92 births/1,000 population (2003 est.) |
Budget | revenues:
$424.2 million expenditures: $414.1 million, including capital expenditures of $NA (1998 est.) |
revenues: $424.2 million
expenditures: $414.1 million, including capital expenditures of $NA (1998 est.) |
Coastline | 0 km (landlocked) | 0 km (doubly landlocked) |
Country name | conventional long form:
Principality of Liechtenstein conventional short form: Liechtenstein local long form: Fuerstentum Liechtenstein local short form: Liechtenstein |
conventional long form: Principality of Liechtenstein
conventional short form: Liechtenstein local long form: Fuerstentum Liechtenstein local short form: Liechtenstein |
Death rate | 6.7 deaths/1,000 population (2001 est.) | 6.85 deaths/1,000 population (2003 est.) |
Debt - external | $0 (1996) | $0 (2001) |
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 Claudia FRITSCHE
chancery: 1300 Eye Street NW, Suite 550W, Washington, DC 20005 telephone: [1] (202) 216-0460 FAX: [1] (202) 216-0459 |
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. | 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 - exports | NA kWh | 0 kWh (2002) |
Electricity - imports | NA kWh | 0 kWh (2002) |
Electricity - production by source | fossil fuel:
NA% hydro: NA% nuclear: NA% other: NA% |
fossil fuel: 0%
hydro: 0% nuclear: 0% other: 0% (2002) |
Elevation extremes | lowest point:
Ruggeller Riet 430 m highest point: Grauspitz 2,599 m |
lowest point: Ruggeller Riet 430 m
highest point: Grauspitz 2,599 m |
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: 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% | Alemannic 86%, Italian, Turkish, and other 14% |
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) | Swiss francs per US dollar - 1.5586 (2002), 1.6876 (2001), 1.6888 (2000), 1.5022 (1999), 1.4498 (1998) |
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: 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 Otmar 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 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 |
Exports - commodities | small specialty machinery, dental products, stamps, hardware, pottery | small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products |
Exports - partners | EU and EFTA countries 60.57% (Switzerland 15.7%) (1995) | EU 62.6% (Germany 24.3%, Austria 9.5%, France 8.9%, Italy 6.6%, UK 4.6%), US 18.9%, Switzerland 15.7% |
GDP | purchasing power parity - $730 million (1998 est.) | purchasing power parity - $825 million (1999 est.) |
GDP - composition by sector | agriculture:
NA% industry: NA% services: NA% |
agriculture: NA%
industry: 40% services: NA% (1999) |
GDP - per capita | purchasing power parity - $23,000 (1998 est.) | purchasing power parity - $25,000 (1999 est.) |
GDP - real growth rate | NA% | 11% (1999 est.) |
Geographic coordinates | 47 10 N, 9 32 E | 47 16 N, 9 32 E |
Highways | total:
250 km paved: 250 km unpaved: 0 km |
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 | 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 | multilateral organizations engaged in issuing international guidelines for financial sector oversight found gaps in Liechtenstein's financial services controls that made it vulnerable to money laundering, but Liechtenstein has become less attractive as a haven for illicit funds, based on implementation in 2001 of new anti-money-laundering legislation and improved mutual legal assistance cooperation with other countries |
Imports - commodities | machinery, metal goods, textiles, foodstuffs, motor vehicles | agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles |
Imports - partners | EU countries, Switzerland (1996) | EU, Switzerland |
Industries | electronics, metal manufacturing, textiles, ceramics, pharmaceuticals, food products, precision instruments, tourism | electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments |
Infant mortality rate | 4.99 deaths/1,000 live births (2001 est.) | total: 4.85 deaths/1,000 live births
male: 6.59 deaths/1,000 live births female: 3.09 deaths/1,000 live births (2003 est.) |
Inflation rate (consumer prices) | 0.5% (1997 est.) | 1% (2001) |
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 | CE, EBRD, ECE, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WIPO, WTrO |
Judicial branch | Supreme Court or Oberster Gerichtshof; Superior Court or Obergericht | Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht |
Labor force | 22,891 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day | 29,000 of which 19,000 are foreigners; 13,000 commute from Austria, Switzerland, and Germany to work each day (37256) |
Labor force - by occupation | industry, trade, and building 45%, services 53%, agriculture, fishing, forestry, and horticulture 2% (1997 est.) | industry 47.4%, services 51.3%, agriculture 1.3% (37256 est.) |
Land boundaries | total:
76 km border countries: Austria 35 km, Switzerland 41 km |
total: 76 km
border countries: Austria 34.9 km, Switzerland 41.1 km |
Land use | arable land:
24% permanent crops: 0% permanent pastures: 16% forests and woodland: 35% other: 25% (1993 est.) |
arable land: 25%
permanent crops: 0% other: 75% (1998 est.) |
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 Parliament or Landtag (25 seats; members are elected by direct, popular vote under proportional representation to serve four-year terms)
elections: last held 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 |
Life expectancy at birth | total population:
78.95 years male: 75.32 years female: 82.6 years (2001 est.) |
total population: 79.25 years
male: 75.63 years female: 82.87 years (2003 est.) |
Literacy | definition:
age 10 and over can read and write total population: 100% male: 100% female: 100% (1981 est.) |
definition: age 10 and over can read and write
total population: 100% male: 100% female: 100% (1981 est.) |
Nationality | noun:
Liechtensteiner(s) adjective: Liechtenstein |
noun: Liechtensteiner(s)
adjective: Liechtenstein |
Net migration rate | 4.98 migrant(s)/1,000 population (2001 est.) | 4.89 migrant(s)/1,000 population (2003 est.) |
Pipelines | - | gas 20 km (2003) |
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] | Fatherland Union or VU [Oswald KRANZ]; Progressive Citizens' Party or FBP [Ernst WALCH]; The Free List or FL [Dr. Pepo FRICK, Karin JENNY, Rene HASLER] |
Population | 32,528 (July 2001 est.) | 33,145 (July 2003 est.) |
Population growth rate | 0.98% (2001 est.) | 0.9% (2003 est.) |
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: 18.5 km
standard gauge: 18.5 km 1.435-m gauge (electrified) note: owned, operated, and included in statistics of Austrian Federal Railways (2002) |
Religions | Roman Catholic 80%, Protestant 7.4%, unknown 7.7%, other 4.9% (1996) | Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) |
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 male(s)/female
under 15 years: 0.99 male(s)/female 15-64 years: 0.99 male(s)/female 65 years and over: 0.69 male(s)/female total population: 0.95 male(s)/female (2003 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: automatic telephone system
domestic: NA international: linked to Swiss networks by cable and microwave radio relay |
Telephones - main lines in use | 20,000 (1997) | 20,072 (2000) |
Total fertility rate | 1.5 children born/woman (2001 est.) | 1.5 children born/woman (2003 est.) |
Unemployment rate | 1.8% (February 1999) | 1.3% (37500) |