Liechtenstein (2002) | Bahamas, The (2001) | |
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, Nicholls Town and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay |
Age structure | 0-14 years: 18.3% (male 3,003; female 3,001)
15-64 years: 70.5% (male 11,530; female 11,639) 65 years and over: 11.2% (male 1,494; female 2,175) (2002 est.) |
0-14 years:
29.43% (male 44,179; female 43,486) 15-64 years: 64.46% (male 94,329; female 97,674) 65 years and over: 6.11% (male 7,618; female 10,566) (2001 est.) |
Agriculture - products | wheat, barley, corn, potatoes; livestock, dairy products | citrus, vegetables; poultry |
Airports | none (2001) | 65 (2000 est.) |
Airports - with paved runways | - | total:
36 over 3,047 m: 2 2,438 to 3,047 m: 2 1,524 to 2,437 m: 16 914 to 1,523 m: 13 under 914 m: 3 (2000 est.) |
Airports - with unpaved runways | - | total:
29 914 to 1,523 m: 6 under 914 m: 23 (2000 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. | 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 | 11.24 births/1,000 population (2002 est.) | 19.1 births/1,000 population (2001 est.) |
Budget | revenues: $424.2 million
expenditures: $414.1 million, including capital expenditures of $NA (1998 est.) |
revenues:
$766 million expenditures: $845 million, including capital expenditures of $97 million (FY97/98) |
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 (doubly 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 | 6.76 deaths/1,000 population (2002 est.) | 7.14 deaths/1,000 population (2001 est.) |
Debt - external | $0 (1996) (2001) | $385.8 million (2000 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-designate J. Richard BLANKENSHIP embassy: Queen Street, Nassau mailing address: local or express mail address: P. O. Box N-8197, Nassau; stateside address: American Embassy Nassau, P. O. Box 599009, Miami, FL 33159-9009; pouch address: Nassau, Department of State, Washington, DC 20521-3370 telephone: [1] (242) 322-1181, 328-2206 FAX: [1] (242) 356-0222 |
Diplomatic representation in the US | 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 |
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 | none |
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. 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 a large number of 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 40% of the archipelago's labor force. Moderate growth in tourism receipts and a boom in construction of new hotels, resorts, and residences led to an increase of the country's GDP by an estimated 3% in 1998, 6% in 1999, and 4.5% in 2000. Manufacturing and agriculture together contribute only 10% of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run will depend heavily on the fortunes of the tourism sector and continued sturdy growth in the US, which accounts for the majority of tourist visitors. |
Electricity - consumption | 313.45 million kWh NA kWh (2001) | 1.362 billion kWh (1999) |
Electricity - exports | NA kWh (2001) | 0 kWh (1999) |
Electricity - imports | 232.847 million kWh NA kWh (2001) | 0 kWh (1999) |
Electricity - production | - | 1.465 billion kWh (1999) |
Electricity - production by source | fossil fuel: NA%
hydro: NA% 98% nuclear: NA% other: NA% 2% (2001) |
fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
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, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands signed, but not ratified: none of the selected agreements |
Ethnic groups | Alemannic 86%, Italian, Turkish, and other 14% | black 85%, white 12%, Asian and Hispanic 3% |
Exchange rates | Swiss francs per US dollar - 1.6668 (January 2002), 1.6876 (2001), 1.6888 (2000), 1.5022 (1999), 1.4498 (1998), 1.4513 (1997) | Bahamian dollars per US dollar - 1.000 (fixed rate pegged to the 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 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 |
chief of state:
Queen ELIZABETH II (since 6 February 1952), represented by Governor General Sir Orville TURNQUEST (since 2 January 1995) head of government: Prime Minister Hubert Alexander INGRAHAM (since 19 August 1992) and Deputy Prime Minister Frank WATSON (since December 1994) 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; prime minister and deputy prime minister appointed by the governor general |
Exports | $2.47 billion (1996) | $376.8 million (2000 est.) |
Exports - commodities | small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products | pharmaceuticals, cement, rum, crawfish, refined petroleum products |
Exports - partners | EU 62.6% (Germany 24.3%, Austria 9.5%, France 8.9%, Italy 6.6%, UK 4.6%), US 18.9%, Switzerland 15.7% | US 22.3%, Switzerland 15.6%, UK 15%, Denmark 7.4% (1998) |
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 - $4.5 billion (2000 est.) |
GDP - composition by sector | agriculture: NA%
industry: NA% 40% services: NA% (1999) |
agriculture:
3% industry: 7% services: 90% (1999 est.) |
GDP - per capita | purchasing power parity - $23,000 (1998 est.) | purchasing power parity - $15,000 (2000 est.) |
GDP - real growth rate | NA% | 4.5% (2000 est.) |
Geographic coordinates | 47 16 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 |
Heliports | - | 1 (2000 est.) |
Highways | total: 250 km
paved: 250 km unpaved: 0 km |
total:
2,693 km paved: 1,546 km unpaved: 1,147 km (1997) |
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 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 | transshipment point for cocaine and marijuana bound for US and Europe; banking industry vulnerable to money laundering |
Imports | $917.3 million (1996) | $1.73 billion (2000 est.) |
Imports - commodities | agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles | foodstuffs, manufactured goods, crude oil, vehicles, electronics |
Imports - partners | EU countries, Switzerland | US 27.3%, Italy 26.5%, Japan 10%, Denmark 4.2% (1998) |
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% |
Industries | electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments | tourism, banking, cement, oil refining and transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe |
Infant mortality rate | 4.92 deaths/1,000 live births (2002 est.) | 17.03 deaths/1,000 live births (2001 est.) |
Inflation rate (consumer prices) | 1% (2001) | 1.9% (2000 est.) |
International organization participation | CE, EBRD, ECE, EFTA, IAEA, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WIPO, WTrO | ACP, C, Caricom, CCC, CDB, ECLAC, FAO, G-77, IADB, IBRD, ICAO, ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, LAES, NAM, OAS, OPANAL, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO, WTrO (observer) |
Internet Service Providers (ISPs) | 44 (Liechtenstein and Switzerland) (2000) | 19 (2000) |
Irrigated land | NA sq km | NA sq km |
Judicial branch | Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht | Supreme Court; Court of Appeal; magistrates courts |
Labor force | 28,783 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 48%, services 51%, agriculture, fishing, forestry, and horticulture 1% (37256 est.) | tourism 40%, other services 50%, industry 5%, agriculture 5% (1995 est.) |
Land boundaries | total: 76 km
border countries: Austria 34.9 km, Switzerland 41.1 km |
0 km |
Land use | arable land: 25%
permanent crops: 0% other: 75% (1998 est.) |
arable land:
1% permanent crops: 0% permanent pastures: 0% forests and woodland: 32% other: 67% (1993 est.) |
Languages | German (official), Alemannic dialect | English, 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 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 |
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)
elections: last held 14 March 1997 (next to be held by March 2002) election results: percent of vote by party - NA%; seats by party - FNM 35, PLP 5 |
Life expectancy at birth | total population: 79.1 years
male: 75.47 years female: 82.74 years (2002 est.) |
total population:
70.46 years male: 67.27 years female: 73.71 years (2001 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: 98.2% male: 98.5% female: 98% (1995 est.) |
Location | Central Europe, between Austria and Switzerland | Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida |
Map references | Europe | Central America and the Caribbean |
Maritime claims | none (landlocked) | continental shelf:
200-m depth or to the depth of exploitation exclusive economic zone: 200 NM territorial sea: 12 NM |
Merchant marine | - | total:
1,049 ships (1,000 GRT or over) totaling 30,000,221 GRT/44,601,471 DWT ships by type: bulk 185, cargo 214, chemical tanker 36, combination bulk 15, combination ore/oil 22, container 66, liquefied gas 33, livestock carrier 1, multi-functional large-load carrier 4, passenger 79, passenger/cargo 1, petroleum tanker 182, railcar carrier 1, refrigerated cargo 118, roll on/roll off 50, short-sea passenger 15, specialized tanker 3, vehicle carrier 24 note: includes some foreign-owned ships registered here as a flag of convenience: Algeria 2, Australia 1, Austria 1, Bermuda 6, Belgium 14, Canada 1, Cuba 1, Cyprus 2, Denmark 17, Finland 7, France 9, Germany 9, Greece 89, Hong Kong 7, Indonesia 2, India 1, Israel 4, Italy 8, Japan 23, Jamaica 1, Kenya 1, Lebanon 2, Luxembourg 2, Monaco 15, Malaysia 1, Netherlands 16, Norway 139, Poland 3, Portugal 2, Russia 2, Saudi Arabia 5, Singapore 12, Spain 7, Sweden 14, Syria 1, Switzerland 7, UAE 1, Trinidad and Tobago 2, UK 67, Ukraine 3, US 50, British Virgin Islands 1, British Virgin Islands 1 (2000 est.) |
Military - note | defense is the responsibility of Switzerland | - |
Military branches | - | Royal Bahamas Defense Force (Coast Guard only), Royal Bahamas Police Force |
Military expenditures - dollar figure | - | $20 million (FY95/96) |
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 that cause extensive flood and wind damage |
Natural resources | hydroelectric potential, arable land | salt, aragonite, timber, arable land |
Net migration rate | 4.93 migrant(s)/1,000 population (2002 est.) | -2.65 migrant(s)/1,000 population (2001 est.) |
Political parties and leaders | Fatherland Union or VU [Dr. Heinz FROMMELT]; Progressive Citizens' Party or FBP [Johannes MATT]; The Free List or FL [Dr. Pepo FRICK, Karin JENNY, Rene HASLER] | Free National Movement or FNM [Hubert Alexander INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE] |
Political pressure groups and leaders | NA | NA |
Population | 32,842 (July 2002 est.) | 297,852
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 2001 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 0.94% (2002 est.) | 0.93% (2001 est.) |
Ports and harbors | none | Freeport, Matthew Town, Nassau |
Radio broadcast stations | AM 0, FM 4, shortwave 0 (1998) | AM 3, FM 4, shortwave 0 (1998) |
Radios | 21,000 (1997) | 215,000 (1997) |
Railways | 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 (2001) |
0 km |
Religions | Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) | 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: 0.99 male(s)/female 65 years and over: 0.69 male(s)/female total population: 0.95 male(s)/female (2002 est.) |
at birth:
1.02 male(s)/female under 15 years: 1.02 male(s)/female 15-64 years: 0.97 male(s)/female 65 years and over: 0.72 male(s)/female total population: 0.96 male(s)/female (2001 est.) |
Suffrage | 18 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: tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) (1997) |
Telephones - main lines in use | 20,072 (2000) | 96,000 (1997) |
Telephones - mobile cellular | NA | 6,152 (1997) |
Television broadcast stations | NA (linked to Swiss networks) (1997) | 1 (1997) |
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 (2002 est.) | 2.3 children born/woman (2001 est.) |
Unemployment rate | 1.3% (1999) | 9% (1998 est.) |
Waterways | none | none |