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Compare Liechtenstein (2003) - Bahamas, The (2002)

Compare Liechtenstein (2003) z Bahamas, The (2002)

 Liechtenstein (2003)Bahamas, The (2002)
 LiechtensteinBahamas, The
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, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Age structure 0-14 years: 18.1% (male 2,979; female 3,008)


15-64 years: 70.6% (male 11,646; female 11,740)


65 years and over: 11.3% (male 1,538; female 2,234) (2003 est.)
0-14 years: 29% (male 43,964; female 43,250)


15-64 years: 64.7% (male 95,508; female 98,859)


65 years and over: 6.3% (male 7,948; female 11,000) (2002 est.)
Agriculture - products wheat, barley, corn, potatoes; livestock, dairy products citrus, vegetables; poultry
Airports none (2002) 67 (2001)
Airports - with paved runways - total: 30


over 3,047 m: 2


2,438 to 3,047 m: 3


1,524 to 2,437 m: 12


914 to 1,523 m: 11


under 914 m: 2 (2002)
Airports - with unpaved runways - total: 34 35


1,524 to 2,437 m: 3


914 to 1,523 m: 9


under 914 m: 3 23 (2002)
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 enter into 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. Arawak Indians inhabited the islands when Christopher Columbus first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. 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 10.92 births/1,000 population (2003 est.) 18.69 births/1,000 population (2002 est.)
Budget revenues: $424.2 million


expenditures: $414.1 million, including capital expenditures of $NA (1998 est.)
revenues: $918.5 million


expenditures: $956.5 million, including capital expenditures of $106.7 million (FY99/00)
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 6.85 deaths/1,000 population (2003 est.) 7.49 deaths/1,000 population (2002 est.)
Debt - external $0 (2001) $381.9 million (2000)
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 J. Richard BLANKENSHIP


embassy: 42 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 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 many 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 the European Free Trade Association (EFTA) and the 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 almost half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences have led to solid GDP growth in recent years. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of the majority of tourist visitors.
Electricity - consumption NA kWh 1.432 billion kWh (2000)
Electricity - exports 0 kWh (2002) 0 kWh (2000)
Electricity - imports 0 kWh (2002) 0 kWh (2000)
Electricity - production - 1.54 billion kWh (2000)
Electricity - production by source fossil fuel: 0%


hydro: 0%


nuclear: 0%


other: 0% (2002)
fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2000)
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 - 1.5586 (2002), 1.6876 (2001), 1.6888 (2000), 1.5022 (1999), 1.4498 (1998) 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 Ivy DUMONT (since NA May 2002)


head of government: Prime Minister Perry CHRISTIE (since 3 May 2002) and Deputy Prime Minister Cynthia PRATT (since 7 May 2002)


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; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister
Exports $2.47 billion (1996) $535.8 million (2000)
Exports - commodities small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products fish and crawfish; rum, salt, chemicals; fruit and vegetables (1999)
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 28.2%, France 16.5%, Germany 14.1%, UK 12.4% (2000)
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 - $825 million (1999 est.) purchasing power parity - $5 billion (2001 est.)
GDP - composition by sector agriculture: NA%


industry: 40%


services: NA% (1999)
agriculture: 3%


industry: 7%


services: 90% (1999 est.)
GDP - per capita purchasing power parity - $25,000 (1999 est.) purchasing power parity - $16,800 (2000 est.)
GDP - real growth rate 11% (1999 est.) 3.5% (2001)
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 of which 30 are inhabited
Heliports - 1 (2002)
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; offshore financial center
Imports $917.3 million (1996) $1.88 billion (2000)
Imports - commodities agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals (1999)
Imports - partners EU, Switzerland US 31.6%, South Korea 18.2%, Italy 17.4%, Japan 5.8% (2000)
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 total: 4.85 deaths/1,000 live births


male: 6.59 deaths/1,000 live births


female: 3.09 deaths/1,000 live births (2003 est.)
17.08 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices) 1% (2001) 1.5% (2001 est.)
International organization participation CE, EBRD, ECE, EFTA, IAEA, ICCt, 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, Interpol, IOC, ITU, LAES, NAM, OAS, OPANAL, OPCW (signatory), 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 29,000 of which 19,000 are foreigners; 13,000 commute from Austria, Switzerland, and Germany to work each day (37256) 156,000 (1999)
Labor force - by occupation industry 47.4%, services 51.3%, agriculture 1.3% (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: 0.6%


permanent crops: 0.4%


other: 99% (1998 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 1 May 2002 (next to be held by May 2007)


election results: percent of vote by party - PLP 50.8%, FNM 41.1%, independents 5.2%; seats by party - PLP 29, FNM 7, independents 4
Life expectancy at birth total population: 79.25 years


male: 75.63 years


female: 82.87 years (2003 est.)
total population: 69.87 years


male: 66.32 years


female: 73.49 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: 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) exclusive economic zone: 200 NM


territorial sea: 12 NM
Merchant marine - total: 1,076 ships (1,000 GRT or over) totaling 31,309,187 GRT/45,859,485 DWT


ships by type: bulk 159, cargo 246, chemical tanker 41, combination bulk 13, combination ore/oil 22, container 80, liquefied gas 28, livestock carrier 2, multi-functional large-load carrier 8, passenger 88, passenger/cargo 1, petroleum tanker 178, railcar carrier 1, refrigerated cargo 120, roll on/roll off 49, short-sea passenger 16, specialized tanker 2, vehicle carrier 22


note: includes some foreign-owned ships registered here as a flag of convenience: Angola 1, Argentina 1, Australia 4, Belgium 18, Bermuda 1, Canada 5, Chile 1, China 3, Croatia 2, Cuba 3, Cyprus 2, Denmark 27, Ecuador 1, Estonia 2, Finland 9, France 15, Germany 26, Greece 173, Hong Kong 6, India 2, Indonesia 2, Ireland 1, Israel 3, Italy 9, Jamaica 1, Japan 32, Kenya 3, Malaysia 10, Malta 2, Monaco 67, Netherlands 32, New Zealand 2, Norway 237, Panama 2, Philippines 3, Poland 13, Reunion 1, Russia 6, Saudi Arabia 9, Singapore 13, Slovenia 1, South Korea 2, Spain 7, Sweden 12, Switzerland 8, Thailand 1, Trinidad and Tobago 2, Turkey 2, Ukraine 2, United Arab Emirates 10, United Kingdom 107, United States 159, Uruguay 1 (2002 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 - 0.7% (FY99)
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 cause extensive flood and wind damage
Natural resources hydroelectric potential, arable land salt, aragonite, timber, arable land
Net migration rate 4.89 migrant(s)/1,000 population (2003 est.) -2.63 migrant(s)/1,000 population (2002 est.)
Pipelines gas 20 km (2003) -
Political parties and leaders Fatherland Union or VU [Oswald KRANZ]; Progressive Citizens' Party or FBP [Ernst WALCH]; The Free List or FL [Dr. Pepo FRICK, Karin JENNY, Rene HASLER] Free National Movement or FNM [Tommy TURNQUEST]; Progressive Liberal Party or PLP [Perry CHRISTIE]
Political pressure groups and leaders NA NA
Population 33,145 (July 2003 est.) 300,529


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 2002 est.)
Population below poverty line NA% NA%
Population growth rate 0.9% (2003 est.) 0.86% (2002 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 - 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 (2002)
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 male(s)/female


under 15 years: 0.99 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 (2003 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 (2002 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 (2003 est.) 2.28 children born/woman (2002 est.)
Unemployment rate 1.3% (37500) 6.9% (2001 est.)
Waterways none none
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