Liechtenstein (2002) | Bermuda (2003) | |
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: 18.3% (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: 19.2% (male 6,195; female 6,205)
15-64 years: 69.3% (male 22,110; female 22,574) 65 years and over: 11.5% (male 3,215; female 4,183) (2003 est.) |
Agriculture - products | wheat, barley, corn, potatoes; livestock, dairy products | bananas, vegetables, citrus, flowers; dairy products |
Airports | none (2001) | 1 (2002) |
Airports - with paved runways | - | total: 1
2,438 to 3,047 m: 1 (2002) |
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 | 11.24 births/1,000 population (2002 est.) | 12.13 births/1,000 population (2003 est.) |
Budget | revenues: $424.2 million
expenditures: $414.1 million, including capital expenditures of $NA (1998 est.) |
revenues: $609.5 million
expenditures: $574.6 million, including capital expenditures of $54.8 million (FY 00/01) |
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 (doubly landlocked) | 103 km |
Constitution | 5 October 1921 | 8 June 1968, amended 1989 |
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 | 6.76 deaths/1,000 population (2002 est.) | 7.46 deaths/1,000 population (2003 est.) |
Debt - external | $0 (1996) (2001) | $145 million (FY 99/00) |
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: Consul General Denis Patrick COLEMAN, Jr.
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 | 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 |
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. 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. | Bermuda enjoys one of the highest per capita incomes in the world, with its economy 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 - has been severely hit as American tourists have chosen not to travel. Tourism rebounded somewhat in 2002, but remains below the pre-11 September level. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important. Agriculture is limited, only 6% of the land being arable. |
Electricity - consumption | 313.45 million kWh NA kWh (2001) | 598.6 million kWh (2001) |
Electricity - exports | NA kWh (2001) | 0 kWh (2001) |
Electricity - imports | 232.847 million kWh NA kWh (2001) | 0 kWh (2001) |
Electricity - production | - | 643.7 million kWh (2001) |
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% (2001) |
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 86%, Italian, Turkish, and other 14% | black 58%, white 36%, other 6% |
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) | 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 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 Sir John VEREKER (since NA April 2002)
head of government: Premier Alex SCOTT (since 24 July 2003) 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, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products | reexports of pharmaceuticals |
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% | France 77.4%, UK 2.8%, US 2.4% (2002) |
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 - $2.25 billion (2002 est.) |
GDP - composition by sector | agriculture: NA%
industry: NA% 40% services: NA% (1999) |
agriculture: 1%
industry: 10% services: 89% (2002 est.) |
GDP - per capita | purchasing power parity - $23,000 (1998 est.) | purchasing power parity - $35,200 (2002 est.) |
GDP - real growth rate | NA% | 0.5% (2002 est.) |
Geographic coordinates | 47 16 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 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 | $917.3 million (1996) | NA (2001) |
Imports - commodities | agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles | machinery and transport equipment, construction materials, chemicals, food and live animals |
Imports - partners | EU countries, Switzerland | Kazakhstan 30.9%, France 24.7%, Italy 10.5%, US 9.7%, South Korea 8.4%, Mexico 4.3% (2002) |
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, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments | tourism, international business, light manufacturing |
Infant mortality rate | 4.92 deaths/1,000 live births (2002 est.) | total: 9.05 deaths/1,000 live births
male: 10.77 deaths/1,000 live births female: 7.3 deaths/1,000 live births (2003 est.) |
Inflation rate (consumer prices) | 1% (2001) | 2.3% (July 2002) |
International organization participation | CE, EBRD, ECE, EFTA, IAEA, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WIPO, WTrO | Caricom (observer), ICFTU, Interpol (subbureau), IOC, WCO |
Internet Service Providers (ISPs) | 44 (Liechtenstein and Switzerland) (2000) | 20 (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; Magistrate Courts |
Labor force | 28,783 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day | 37,472 (2000) |
Labor force - by occupation | industry, trade, and building 48%, services 51%, agriculture, fishing, forestry, and horticulture 1% (37256 est.) | clerical 22%, services 20%, laborers 17%, professional and technical 17%, administrative and managerial 13%, sales 8%, agriculture and fishing 3% (2000 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: 6%
permanent crops: 0% other: 94% (55% developed, 45% rural/open space) (1998 est.) |
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 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 (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 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: 79.1 years
male: 75.47 years female: 82.74 years (2002 est.) |
total population: 77.41 years
male: 75.38 years female: 79.49 years (2003 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 North Carolina (US) |
Map references | Europe | North America |
Maritime claims | none (landlocked) | exclusive fishing zone: 200 NM
territorial sea: 12 NM |
Merchant marine | - | total: 93 ships (1,000 GRT or over) 4,993,227 GRT/7,089,760 DWT
ships by type: bulk 25, cargo 4, chemical tanker 1, container 14, liquefied gas 9, passenger 5, petroleum tanker 11, refrigerated cargo 13, roll on/roll off 7, short-sea passenger 4 note: includes some foreign-owned ships registered here as a flag of convenience: Croatia 5, Denmark 2, Germany 1, Greece 1, Hong Kong 9, Indonesia 1, Norway 2, Sweden 11, United Kingdom 52, United States 13 (2002 est.) |
Military - note | defense is the responsibility of Switzerland | defense is the responsibility of the UK |
Military branches | - | no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary |
Military expenditures - dollar figure | - | $4.028 million (January 2002) |
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 | 4.93 migrant(s)/1,000 population (2002 est.) | 2.56 migrant(s)/1,000 population (2003 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] | National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Chairman Wayne FURBERT] |
Political pressure groups and leaders | NA | Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [leader NA]; Bermuda Union of Teachers [Michael CHARLES] |
Population | 32,842 (July 2002 est.) | 64,482 (July 2003 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 0.94% (2002 est.) | 0.72% (2003 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
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) | 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: 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 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 (2003 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: NA
domestic: modern, fully automatic telephone system international: 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean) |
Telephones - main lines in use | 20,072 (2000) | 52,000 (1997) |
Telephones - mobile cellular | NA | 7,980 (1996) |
Television broadcast stations | NA (linked to Swiss networks) (1997) | 3 (1997) |
Terrain | mostly mountainous (Alps) with Rhine Valley in western third | low hills separated by fertile depressions |
Total fertility rate | 1.5 children born/woman (2002 est.) | 1.9 children born/woman (2003 est.) |
Unemployment rate | 1.3% (1999) | 4.5% (1993) |
Waterways | none | none |