Liechtenstein (2002) | Turks and Caicos Islands (2003) | |
Administrative divisions | 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz | none (overseas territory of the UK) |
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: 32.5% (male 3,202; female 3,094)
15-64 years: 63.7% (male 6,484; female 5,848) 65 years and over: 3.7% (male 321; female 401) (2003 est.) |
Agriculture - products | wheat, barley, corn, potatoes; livestock, dairy products | corn, beans, cassava (tapioca), citrus fruits; fish |
Airports | none (2001) | 8 (2002) |
Airports - with paved runways | - | total: 5
1,524 to 2,437 m: 3 914 to 1,523 m: 1 under 914 m: 1 (2002) |
Airports - with unpaved runways | - | total: 3
914 to 1,523 m: 1 under 914 m: 2 (2002) |
Area | total: 160 sq km
land: 160 sq km water: 0 sq km |
total: 430 sq km
land: 430 sq km water: 0 sq km |
Area - comparative | about 0.9 times the size of Washington, DC | 2.5 times 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. | The islands were part of the UK's Jamaican colony until 1962, when they assumed the status of a separate crown colony upon Jamaica's independence. The governor of The Bahamas oversaw affairs from 1965 to 1973. With Bahamian independence, the islands received a separate governor in 1973. Although independence was agreed upon for 1982, the policy was reversed and the islands are presently a British overseas territory. |
Birth rate | 11.24 births/1,000 population (2002 est.) | 23.51 births/1,000 population (2003 est.) |
Budget | revenues: $424.2 million
expenditures: $414.1 million, including capital expenditures of $NA (1998 est.) |
revenues: $47 million
expenditures: $33.6 million, including capital expenditures of $NA (1997-98 est.) |
Capital | Vaduz | Grand Turk (Cockburn Town) |
Climate | continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers | tropical; marine; moderated by trade winds; sunny and relatively dry |
Coastline | 0 km (doubly landlocked) | 389 km |
Constitution | 5 October 1921 | introduced 30 August 1976; suspended in 1986; restored and revised 5 March 1988 |
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: Turks and Caicos Islands |
Currency | Swiss franc (CHF) | US dollar (USD) |
Death rate | 6.76 deaths/1,000 population (2002 est.) | 4.34 deaths/1,000 population (2003 est.) |
Debt - external | $0 (1996) (2001) | $NA |
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 | none (overseas territory of the UK) |
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 | $4.1 million (1997) |
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 Turks and Caicos economy is based on tourism, fishing, and offshore financial services. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than half of the 93,000 visitors in 1998. Major sources of government revenue include fees from offshore financial activities and customs receipts. Tourism fell by 6% in 2002 but appeared to be picking up at yearend. |
Electricity - consumption | 313.45 million kWh NA kWh (2001) | 4.65 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 | - | 5 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: Caribbean Sea 0 m
highest point: Blue Hills 49 m |
Environment - current issues | NA | limited natural fresh water resources, private cisterns collect rainwater |
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 90%, mixed, European, or north American 10% |
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) | the US dollar is used |
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 1953), represented by Governor Jim POSTON (since 16 December 2002)
head of government: Chief Minister Derek H. TAYLOR (since 31 January 1995) cabinet: Executive Council consists of three ex officio members and five appointed by the governor from among the members of the Legislative Council elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party is appointed chief minister 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 | lobster, dried and fresh conch, conch shells |
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, UK |
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 | blue, with the flag of the UK in the upper hoist-side quadrant and the colonial shield centered on the outer half of the flag; the shield is yellow and contains a conch shell, lobster, and cactus |
GDP | purchasing power parity - $730 million (1998 est.) | purchasing power parity - $231 million (2000 est.) |
GDP - composition by sector | agriculture: NA%
industry: NA% 40% services: NA% (1999) |
agriculture: NA%
industry: NA% services: NA% |
GDP - per capita | purchasing power parity - $23,000 (1998 est.) | purchasing power parity - $9,600 (2000 est.) |
GDP - real growth rate | NA% | 4.9% (2000 est.) |
Geographic coordinates | 47 16 N, 9 32 E | 21 45 N, 71 35 W |
Geography - note | along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation | about 40 islands (eight inhabited) |
Highways | total: 250 km
paved: 250 km unpaved: 0 km |
total: 121 km
paved: 24 km unpaved: 97 km (2000) |
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 South American narcotics destined for the US and Europe |
Imports | $917.3 million (1996) | NA (2001) |
Imports - commodities | agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles | food and beverages, tobacco, clothing, manufactures, construction materials |
Imports - partners | EU countries, Switzerland | US, UK |
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, offshore financial services |
Infant mortality rate | 4.92 deaths/1,000 live births (2002 est.) | total: 16.87 deaths/1,000 live births
male: 19.48 deaths/1,000 live births female: 14.12 deaths/1,000 live births (2003 est.) |
Inflation rate (consumer prices) | 1% (2001) | 4% (1995) |
International organization participation | CE, EBRD, ECE, EFTA, IAEA, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WIPO, WTrO | Caricom (associate), CDB, Interpol (subbureau) |
Internet Service Providers (ISPs) | 44 (Liechtenstein and Switzerland) (2000) | 14 (2000) |
Irrigated land | NA sq km | NA sq km |
Judicial branch | Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht | Supreme Court |
Labor force | 28,783 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day | 4,848 (1990 est.) |
Labor force - by occupation | industry, trade, and building 48%, services 51%, agriculture, fishing, forestry, and horticulture 1% (37256 est.) | about 33% in government and 20% in agriculture and fishing; significant numbers in tourism, financial, and other services |
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: 2.33%
permanent crops: 0% other: 97.67% (1998 est.) |
Languages | German (official), Alemannic dialect | English (official) |
Legal system | local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations | based on laws of England and Wales, with a few adopted from Jamaica and The Bahamas |
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 Council (19 seats, of which 13 are popularly elected; members serve four-year terms)
elections: last held 24 April 2003 (next to be held NA 2007) election results: percent of vote by party - PDM 53.8%, PNP 46.2%; seats by party - PDM 7, PNP 6; note - in by-elections held 7 August 2003, the PNP gained two seats for a majority of 8 seats; PDM now has 5 |
Life expectancy at birth | total population: 79.1 years
male: 75.47 years female: 82.74 years (2002 est.) |
total population: 74 years
male: 71.82 years female: 76.3 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 has ever attended school
total population: 98% male: 99% female: 98% (1970 est.) |
Location | Central Europe, between Austria and Switzerland | Caribbean, two island groups in the North Atlantic Ocean, southeast of The Bahamas, north of Haiti |
Map references | Europe | Central America and the Caribbean |
Maritime claims | none (landlocked) | exclusive fishing zone: 200 NM
territorial sea: 12 NM |
Merchant marine | - | none (2002 est.) |
Military - note | defense is the responsibility of Switzerland | defense is the responsibility of the UK |
National holiday | Assumption Day, 15 August | Constitution Day, 30 August (1976) |
Nationality | noun: Liechtensteiner(s)
adjective: Liechtenstein |
noun: none
adjective: none |
Natural hazards | NA | frequent hurricanes |
Natural resources | hydroelectric potential, arable land | spiny lobster, conch |
Net migration rate | 4.93 migrant(s)/1,000 population (2002 est.) | 12.25 migrant(s)/1,000 population (2003 est.) |
People - note | - | destination and transit point for illegal Haitian immigrants bound for the Turks and Caicos Islands, Bahamas, and US |
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] | People's Democratic Movement or PDM [Derek H. TAYLOR]; Progressive National Party or PNP [Washington MISICK]; United Democratic Party or UDP [Wendal SWANN] |
Political pressure groups and leaders | NA | NA |
Population | 32,842 (July 2002 est.) | 19,350 (July 2003 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 0.94% (2002 est.) | 3.14% (2003 est.) |
Ports and harbors | none | Grand Turk, Providenciales |
Radio broadcast stations | AM 0, FM 4, shortwave 0 (1998) | AM 3 (one inactive), FM 6, 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) | Baptist 40%, Methodist 16%, Anglican 18%, Church of God 12%, other 14% (1990) |
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: 1.05 male(s)/female
under 15 years: 1.03 male(s)/female 15-64 years: 1.11 male(s)/female 65 years and over: 0.8 male(s)/female total population: 1.07 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: fair cable and radiotelephone services
domestic: NA international: 2 submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) |
Telephones - main lines in use | 20,072 (2000) | 3,000 (1994) |
Telephones - mobile cellular | NA | 0 (1994) |
Television broadcast stations | NA (linked to Swiss networks) (1997) | 0 (broadcasts from The Bahamas are received; cable television is established) (1997) |
Terrain | mostly mountainous (Alps) with Rhine Valley in western third | low, flat limestone; extensive marshes and mangrove swamps |
Total fertility rate | 1.5 children born/woman (2002 est.) | 3.15 children born/woman (2003 est.) |
Unemployment rate | 1.3% (1999) | 10% (1997 est.) |
Waterways | none | none |