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Compare Liechtenstein (2002) - Panama (2002)

Compare Liechtenstein (2002) z Panama (2002)

 Liechtenstein (2002)Panama (2002)
 LiechtensteinPanama
Administrative divisions 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz 9 provinces (provincias, singular - provincia) and 1 territory* (comarca); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*, and Veraguas
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: 29.6% (male 433,494; female 418,120)


15-64 years: 64.3% (male 939,550; female 914,646)


65 years and over: 6.1% (male 84,130; female 92,389) (2002 est.)
Agriculture - products wheat, barley, corn, potatoes; livestock, dairy products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp
Airports none (2001) 107 (2001)
Airports - with paved runways - total: 41


over 3,047 m: 1


2,438 to 3,047 m: 1


1,524 to 2,437 m: 5


914 to 1,523 m: 13


under 914 m: 21 (2002)
Airports - with unpaved runways - total: 62


914 to 1,523 m: 12


under 914 m: 50 (2002)
Area total: 160 sq km


land: 160 sq km


water: 0 sq km
total: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
Area - comparative about 0.9 times the size of Washington, DC slightly smaller than South Carolina
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. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. On 7 September 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of 1999. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the intervening years. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were turned over to Panama by or on 31 December 1999.
Birth rate 11.24 births/1,000 population (2002 est.) 18.6 births/1,000 population (2002 est.)
Budget revenues: $424.2 million


expenditures: $414.1 million, including capital expenditures of $NA (1998 est.)
revenues: $1.9 billion


expenditures: $2 billion, including capital expenditures of $471 million (2000 est.)
Capital Vaduz Panama
Climate continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Coastline 0 km (doubly landlocked) 2,490 km
Constitution 5 October 1921 11 October 1972; major reforms adopted 1978, 1983 and 1994
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 Panama


conventional short form: Panama


local long form: Republica de Panama


local short form: Panama
Currency Swiss franc (CHF) balboa (PAB); US dollar (USD)
Death rate 6.76 deaths/1,000 population (2002 est.) 4.96 deaths/1,000 population (2002 est.)
Debt - external $0 (1996) (2001) $7.6 billion (2001 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 Linda Ellen WATT


embassy: Avenida Balboa and Calle 37, Apartado Postal 6959, Panama City 5


mailing address: American Embassy Panama, Unit 0945, APO AA 34002


telephone: [507] 207-7000


FAX: [507] 227-1964
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 Roberto ALFARO


chancery: 2862 McGill Terrace NW, Washington, DC 20008


telephone: [1] (202) 483-1407


FAX: [1] (202) 483-8416


consulate(s) general: Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, Tampa
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 $197.1 million (1995) (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. Panama's economy is based primarily on a well-developed services sector that accounts for three-fourths of GDP. Services include the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. A slump in Colon Free Zone and agricultural exports, the global slowdown, and the withdrawal of US military forces held back economic growth in 2000-01. The government plans public works programs, tax reforms, and new regional trade agreements in order to stimulate growth.
Electricity - consumption 313.45 million kWh NA kWh (2001) 4.651 billion kWh (2000)
Electricity - exports NA kWh (2001) 20 million kWh (2000)
Electricity - imports 232.847 million kWh NA kWh (2001) 120 million kWh (2000)
Electricity - production - 4.894 billion kWh (2000)
Electricity - production by source fossil fuel: NA%


hydro: NA% 98%


nuclear: NA%


other: NA% 2% (2001)
fossil fuel: 29%


hydro: 69%


nuclear: 0%


other: 1% (2000)
Elevation extremes lowest point: Ruggeller Riet 430 m


highest point: Grauspitz 2,599 m
lowest point: Pacific Ocean 0 m


highest point: Volcan de Chiriqui 3,475 m
Environment - current issues NA water pollution from agricultural runoff threatens fishery resources; deforestation of tropical rain forest; land degradation and soil erosion threatens siltation of Panama Canal; air pollution in urban areas; mining threatens natural resources
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, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: Marine Life Conservation
Ethnic groups Alemannic 86%, Italian, Turkish, and other 14% mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 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) balboas per US dollar - 1.000 (fixed rate)
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 Mireya Elisa MOSCOSO Rodriguez (since 1 September 1999); First Vice President Arturo Ulises VALLARINO (since 1 September 1999); Second Vice President Dominador "Kaiser" Baldonero BAZAN Jimenez (since 1 September 1999); note - the president is both the chief of state and head of government


head of government: President Mireya Elisa MOSCOSO Rodriguez (since 1 September 1999); First Vice President Arturo Ulises VALLARINO (since 1 September 1999); Second Vice President Dominador "Kaiser" Baldonero BAZAN Jimenez (since 1 September 1999); note - the president is both the chief of state and head of government


cabinet: Cabinet appointed by the president


elections: president and vice presidents elected on the same ticket by popular vote for five-year terms; election last held 2 May 1999 (next to be held NA May 2004)


election results: Mireya Elisa MOSCOSO Rodriguez elected president; percent of vote - Mireya Elisa MOSCOSO Rodriguez (PA) 44%, Martin TORRIJOS (PRD) 37%


note: government coalition - PA, MOLIRENA, Democratic Change, MORENA, PLN, PS
Exports $2.47 billion (1996) $5.9 billion f.o.b. (2001 est.)
Exports - commodities small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products bananas, shrimp, sugar, coffee, clothing
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 45.9%, Sweden 8.1%, Benelux 5.3%, Costa Rica 5.1% (2000 est.)
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 divided into four, equal rectangles; the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red; the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center
GDP purchasing power parity - $730 million (1998 est.) purchasing power parity - $16.9 billion (2001 est.)
GDP - composition by sector agriculture: NA%


industry: NA% 40%


services: NA% (1999)
agriculture: 7%


industry: 17%


services: 76% (2000 est.)
GDP - per capita purchasing power parity - $23,000 (1998 est.) purchasing power parity - $5,900 (2001 est.)
GDP - real growth rate NA% 1.4% (2001 est.)
Geographic coordinates 47 16 N, 9 32 E 9 00 N, 80 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 on eastern end of isthmus forming land bridge connecting North and South America; controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean
Highways total: 250 km


paved: 250 km


unpaved: 0 km
total: 11,592 km


paved: 4,079 km (including 30 km of expressways)


unpaved: 7,513 km (2000)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: 1%


highest 10%: 36% (1997) (1997)
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 major cocaine transshipment point and primary money laundering center for narcotics revenue; money-laundering activity is especially heavy in the Colon Free Zone; offshore financial center; negligible signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem
Imports $917.3 million (1996) $6.7 billion f.o.b. (2001 est.)
Imports - commodities agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles capital goods, crude oil, foodstuffs, consumer goods, chemicals
Imports - partners EU countries, Switzerland US 33.1%, Ecuador 7.2%, Venezuela 6.6%, Japan 5.5% (2000 est.)
Independence 23 January 1719 Imperial Principality of Liechtenstein established; 12 July 1806 established independence from the Holy Roman Empire 3 November 1903 (from Colombia; became independent from Spain 28 November 1821)
Industrial production growth rate NA% 2% (2000 est.)
Industries electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments construction, petroleum refining, brewing, cement and other construction materials, sugar milling
Infant mortality rate 4.92 deaths/1,000 live births (2002 est.) 19.57 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices) 1% (2001) 1% (2000 est.)
International organization participation CE, EBRD, ECE, EFTA, IAEA, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WIPO, WTrO CCC, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO (correspondent), ITU, LAES, LAIA (observer), NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Internet Service Providers (ISPs) 44 (Liechtenstein and Switzerland) (2000) 6 (2000)
Irrigated land NA sq km 320 sq km (1998 est.)
Judicial branch Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for 10-year terms); five superior courts; three courts of appeal
Labor force 28,783 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day 1.1 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2000 est.)
Labor force - by occupation industry, trade, and building 48%, services 51%, agriculture, fishing, forestry, and horticulture 1% (37256 est.) agriculture 21%, industry 18%, services 61% (1995 est.)
Land boundaries total: 76 km


border countries: Austria 34.9 km, Switzerland 41.1 km
total: 555 km


border countries: Colombia 225 km, Costa Rica 330 km
Land use arable land: 25%


permanent crops: 0%


other: 75% (1998 est.)
arable land: 6.72%


permanent crops: 2.08%


other: 91.2% (1998 est.)
Languages German (official), Alemannic dialect Spanish (official), English 14%


note: many Panamanians bilingual
Legal system local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations
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 Legislative Assembly or Asamblea Legislativa (71 seats; members are elected by popular vote to serve five-year terms)


elections: last held 2 May 1999 (next to be held NA May 2004)


election results: percent of vote by party - NA%; seats by party - PRD 34, PA 18, PDC 5, PS 4, MOLIRENA 3, PLN 3, Democratic Change 2, PRC 1, MORENA 1


note: legislators from outlying rural districts are chosen on a plurality basis while districts located in more populous towns and cities elect multiple legislators by means of a proportion-based formula
Life expectancy at birth total population: 79.1 years


male: 75.47 years


female: 82.74 years (2002 est.)
total population: 75.89 years


male: 73.14 years


female: 78.74 years (2002 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: 90.8%


male: 91.4%


female: 90.2% (1995 est.)
Location Central Europe, between Austria and Switzerland Middle America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Map references Europe Central America and the Caribbean
Maritime claims none (landlocked) contiguous zone: 24 NM


exclusive economic zone: 200 NM


territorial sea: 12 NM
Merchant marine - total: 4,838 ships (1,000 GRT or over) totaling 118,878,358 GRT/180,588,102 DWT


ships by type: bulk 1,445, cargo 907, chemical tanker 337, combination bulk 73, combination ore/oil 18, container 560, liquefied gas 207, livestock carrier 5, multi-functional large-load carrier 12, passenger 38, passenger/cargo 3, petroleum tanker 542, railcar carrier 2, refrigerated cargo 283, roll on/roll off 104, short-sea passenger 38, specialized tanker 34, vehicle carrier 230


note: includes some foreign-owned ships registered here as a flag of convenience: Albania 2, Angola 1, Antigua and Barbuda 1, Argentina 11, Australia 13, Austria 2, Bahamas, The 5, Belgium 2, Belize 6, Brazil 6, British Virgin Islands 8, Cambodia 1, Canada 9, Chile 12, China 259, Colombia 14, Croatia 2, Cuba 20, Cyprus 3, Denmark 3, Dominican Republic 1, Ecuador 3, Egypt 16, Equatorial Guinea 1, France 9, Germany 72, Greece 523, Haiti 1, Honduras 3, Hong Kong 299, Iceland 1, India 18, Indonesia 48, Ireland 1, Israel 5, Italy 9, Japan 1642, Kenya 1, Kuwait 2, Latvia 8, Liberia 5, Lithuania 1, Malaysia 18, Malta 2, Marshall Islands 1, Mexico 8, Monaco 112, Netherlands 19, Netherlands Antilles 1, Nigeria 3, Norway 98, Paraguay 1, Peru 15, Philippines 49, Poland 5, Portugal 7, Puerto Rico 2, Romania 7, Russia 12, Saint Kitts and Nevis 1, Saint Vincent and the Grenadines 5, Saudi Arabia 4, Seychelles 1, Singapore 112, South Africa 3, South Korea 342, Spain 52, Sri Lanka 3, Sudan 1, Sweden 2, Switzerland 81, Taiwan 334, Thailand 14, Trinidad and Tobago 1, Tunisia 1, Turkey 4, Ukraine 1, United Arab Emirates 54, United Kingdom 73, United States 115, Venezuela 6, Virgin Islands (UK) 8 (2002 est.)
Military - note defense is the responsibility of Switzerland on 10 February 1990, the government of then President ENDARA abolished Panama's military and reformed the security apparatus by creating the Panamanian Public Forces; in October 1994, Panama's Legislative Assembly approved a constitutional amendment prohibiting the creation of a standing military force, but allowing the temporary establishment of special police units to counter acts of "external aggression"
Military branches - an amendment to the Constitution abolished the armed forces, but there are security forces (Panamanian Public Forces or PPF includes the Panamanian National Police, National Maritime Service, and National Air Service)
Military expenditures - dollar figure - $128 million (FY99)
Military expenditures - percent of GDP - 1.3% (FY99)
Military manpower - availability - males age 15-49: 789,973 (2002 est.)
Military manpower - fit for military service - males age 15-49: 540,052 (2002 est.)
National holiday Assumption Day, 15 August Independence Day, 3 November (1903)
Nationality noun: Liechtensteiner(s)


adjective: Liechtenstein
noun: Panamanian(s)


adjective: Panamanian
Natural hazards NA occasional severe storms and forest fires in the Darien area
Natural resources hydroelectric potential, arable land copper, mahogany forests, shrimp, hydropower
Net migration rate 4.93 migrant(s)/1,000 population (2002 est.) -1.04 migrant(s)/1,000 population (2002 est.)
Pipelines - crude oil 130 km (2001)
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] Arnulfista Party or PA [Mireya Elisa MOSCOSO Rodriguez]; Civic Renewal Party or PRC [Serguei DE LA ROSA]; Democratic Change [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Martin TORRIJOS]; National Liberal Party or PLN [Raul ARANGO Gasteazopo]; National Renovation Movement or MORENA [Pedro VALLARINO Cox]; Nationalist Republican Liberal Movement or MOLIRENA [Ramon MORALES]; Popular Party or PP (formerly Christian Democratic Party or PDC) [Ruben AROSEMENA]; Solidarity Party or PS [Samuel LEWIS Galindo]
Political pressure groups and leaders NA Chamber of Commerce; National Civic Crusade; National Council of Organized Workers or CONATO; National Union of Construction and Similar Workers (SUNTRACS); National Council of Private Enterprise or CONEP; Panamanian Association of Business Executives or APEDE; Panamanian Industrialists Society or SIP; Workers Confederation of the Republic of Panama or CTRP
Population 32,842 (July 2002 est.) 2,882,329 (July 2002 est.)
Population below poverty line NA% 37% (1999 est.)
Population growth rate 0.94% (2002 est.) 1.26% (2002 est.)
Ports and harbors none Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte
Radio broadcast stations AM 0, FM 4, shortwave 0 (1998) AM 101, FM 134, shortwave 0 (1998)
Radios 21,000 (1997) 815,000 (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: 355 km


broad gauge: 76 km 1.524-m gauge


narrow gauge: 279 km 0.914-m gauge (2001)
Religions Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) Roman Catholic 85%, Protestant 15%
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: 1.04 male(s)/female


under 15 years: 1.04 male(s)/female


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


65 years and over: 0.91 male(s)/female


total population: 1.02 male(s)/female (2002 est.)
Suffrage 18 years of age; universal 18 years of age; universal and compulsory
Telephone system general assessment: automatic telephone system


domestic: NA


international: linked to Swiss networks by cable and microwave radio relay
general assessment: domestic and international facilities well developed


domestic: NA


international: 1 coaxial submarine cable; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to the Central American Microwave System
Telephones - main lines in use 20,072 (2000) 396,000 (1997)
Telephones - mobile cellular NA 17,000 (1997)
Television broadcast stations NA (linked to Swiss networks) (1997) 38 (including repeaters) (1998)
Terrain mostly mountainous (Alps) with Rhine Valley in western third interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills
Total fertility rate 1.5 children born/woman (2002 est.) 2.22 children born/woman (2002 est.)
Unemployment rate 1.3% (1999) 13% (2000 est.)
Waterways none 882 km


note: 800 km navigable by shallow draft vessels; 82 km Panama Canal
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