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Compare Liechtenstein (2002) - Korea, South (2004)

Compare Liechtenstein (2002) z Korea, South (2004)

 Liechtenstein (2002)Korea, South (2004)
 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 (Inchon), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan)
Age structure 0-14 years: 18.3% (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: 20.4% (male 5,223,344; female 4,681,594)


15-64 years: 71.4% (male 17,625,302; female 17,072,029)


65 years and over: 8.2% (male 1,597,085; female 2,398,821) (2004 est.)
Agriculture - products wheat, barley, corn, potatoes; livestock, dairy products rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports none (2001) 102 (2003 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 (1950-1953), 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 18 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 11.24 births/1,000 population (2002 est.) 12.33 births/1,000 population (2004 est.)
Budget revenues: $424.2 million


expenditures: $414.1 million, including capital expenditures of $NA (1998 est.)
revenues: $135.5 billion


expenditures: $128.7 billion, including capital expenditures of $23.5 billion (2003)
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 (doubly 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) South Korean won (KRW)
Death rate 6.76 deaths/1,000 population (2002 est.) 6.13 deaths/1,000 population (2004 est.)
Debt - external $0 (1996) (2001) $130.3 billion (2003 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 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 HONG Seok-hyun


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): New York, Tamuning (Guam)
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; unresolved dispute with Japan over Liancourt Rocks (Tok-do/Take-shima) and occasional protests over fishing rights in grounds also claimed by Japan
Economic aid - donor - ODA $200 million
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. 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. 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. Today its GDP per capita is 18 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 6.6% in 1998, then strongly recovered to 10.8% in 1999 and 9.2% 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 6.2%, despite anemic global growth, followed by moderate 2.8% growth in 2003. In 2003 the National Assembly approved legislation reducing the six-day work week to five days.
Electricity - consumption 313.45 million kWh NA kWh (2001) 270.3 billion kWh (2001)
Electricity - exports NA kWh (2001) 0 kWh (2001)
Electricity - imports 232.847 million kWh NA kWh (2001) 0 kWh (2001)
Electricity - production - 290.7 billion kWh (2001)
Electricity - production by source fossil fuel: NA%


hydro: NA% 98%


nuclear: NA%


other: NA% 2% (2001)
-
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 86%, Italian, Turkish, and other 14% homogeneous (except for about 20,000 Chinese)
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) South Korean won per US dollar - 1,191.61 (2003), 1,251.09 (2002), 1,290.99 (2001), 1,130.96 (2000), 1,188.82 (1999)
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: President ROH Moo-hyun (since 25 February 2003)


head of government: Prime Minister LEE Hae-chan (since 25 May 2004); Deputy Prime Ministers KIM Jin-pyo (since 28 January 2005), LEE Hun-jai (since 10 February 2004), 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 December 2007); 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) 804,700 bbl/day (2001)
Exports - commodities small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products Semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
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% China 18.2%, US 17.8%, Japan 9%, Hong Kong 7.6% (2003)
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.) purchasing power parity - $857.8 billion (2003 est.)
GDP - composition by sector agriculture: NA%


industry: NA% 40%


services: NA% (1999)
agriculture: 3.6%


industry: 36.4%


services: 60% (2003 est.)
GDP - per capita purchasing power parity - $23,000 (1998 est.) purchasing power parity - $17,800 (2003 est.)
GDP - real growth rate NA% 3.1% (2003 est.)
Geographic coordinates 47 16 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 (2003 est.)
Highways total: 250 km


paved: 250 km


unpaved: 0 km
total: 86,990 km


paved: 64,808 km (including 1,996 km of expressways)


unpaved: 22,182 km (1999 est.)
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 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) 2.965 million bbl/day (2001)
Imports - commodities agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners EU countries, Switzerland Japan 20.3%, US 13.9%, China 12.3%, Saudi Arabia 5.2% (2003)
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% 5.1% (2003 est.)
Industries electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
Infant mortality rate 4.92 deaths/1,000 live births (2002 est.) total: 7.18 deaths/1,000 live births


male: 7.64 deaths/1,000 live births


female: 6.68 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 1% (2001) 3.6% (2003 est.)
International organization participation CE, EBRD, ECE, EFTA, IAEA, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WIPO, WTrO AfDB, APEC, 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; Court of Appeal 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 28,783 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day 22.92 million (2003)
Labor force - by occupation industry, trade, and building 48%, services 51%, agriculture, fishing, forestry, and horticulture 1% (37256 est.) agriculture 8.8%, industry 19.1%, services 72.1% (2001)
Land boundaries total: 76 km


border countries: Austria 34.9 km, Switzerland 41.1 km
total: 238 km


border countries: North Korea 238 km
Land use arable land: 25%


permanent crops: 0%


other: 75% (1998 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 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
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; by-elections scheduled for April 2005))


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, MDP 3%, others 2%; seats by party - Uri 152, GNP 121, DLP 10, MDP 9, others 7 (2004)
Life expectancy at birth total population: 79.1 years


male: 75.47 years


female: 82.74 years (2002 est.)
total population: 75.58 years


male: 71.96 years


female: 79.54 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: 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: 535 ships (1,000 GRT or over) 5,978,949 GRT/9,761,699 DWT


by type: bulk 97, cargo 174, chemical tanker 61, combination bulk 10, container 60, liquefied gas 19, passenger 3, petroleum tanker 73, refrigerated cargo 20, roll on/roll off 7, short-sea/passenger 2, specialized tanker 6, vehicle carrier 3


foreign-owned: Bahrain 1, China 1, Gibraltar 1, Honduras 1, Indonesia 1, Japan 3, Malaysia 1, Panama 1, Philippines 1, Saint Vincent and the Grenadines 1, United Kingdom 1, United States 1


registered in other countries: 442 (2004 est.)
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 - $14.522 billion (FY03)
Military expenditures - percent of GDP - 2.7% (FY03)
Military manpower - availability - males age 15-49: 14,233,895 (2004 est.)
Military manpower - fit for military service - males age 15-49: 8,966,241 (2004 est.)
Military manpower - reaching military age annually - males: 341,697 (2004 est.)
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 4.93 migrant(s)/1,000 population (2002 est.) 0 migrant(s)/1,000 population (2004 est.)
Pipelines - gas 1,433 km; refined products 827 km (2004)
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] Democratic Labor Party or DLP [KIM Hye-kyung, chairwoman]; Grand National Party or GNP [PARK Geun-hye, chairwoman]; Millennium Democratic Party or MDP [HAHN Hwa-kap, chairman]; United Liberal Democrats or ULD [KIM Hak-won, chairman]; Uri Party [LIM Chae-jung, interim 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 32,842 (July 2002 est.) 48,598,175 (July 2004 est.)
Population below poverty line NA% 4% (2001 est.)
Population growth rate 0.94% (2002 est.) 0.62% (2004 est.)
Ports and harbors none Chinhae, Inch'on, Kunsan, Masan, Mokp'o, P'ohang, Pusan, Tonghae-hang, Ulsan, Yosu
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


standard gauge: 18.5 km 1.435-m gauge (electrified)


note: owned, operated, and included in statistics of Austrian Federal Railways (2001)
total: 3,125 km


standard gauge: 3,125 km 1.435-m gauge (661 km electrified) (2003)
Religions Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) 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: 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: 1.09 male(s)/female


under 15 years: 1.12 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 (2004 est.)
Suffrage 18 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 20,072 (2000) 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 (2002 est.) 1.56 children born/woman (2004 est.)
Unemployment rate 1.3% (1999) 3.4% (2003 est.)
Waterways none 1,608 km


note: most navigable only by small craft (2004)
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