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Compare Liechtenstein (2003) - Bahamas, The (2007)
Compare Liechtenstein (2003) z Bahamas, The (2007)
| Liechtenstein (2003) | Bahamas, The (2007) | |
 |  | |
| 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: 27% (male 41,268/female 41,186)
15-64 years: 66.5% (male 99,961/female 103,230) 65 years and over: 6.5% (male 8,176/female 11,834) (2007 est.) |
| Agriculture - products | wheat, barley, corn, potatoes; livestock, dairy products | citrus, vegetables; poultry |
| Airports | none (2002) | 62 (2007) |
| Airports - with paved runways | - | total: 24
over 3,047 m: 2 2,438 to 3,047 m: 3 1,524 to 2,437 m: 12 914 to 1,523 m: 7 (2007) |
| Airports - with unpaved runways | - | total: 38
1,524 to 2,437 m: 5 914 to 1,523 m: 11 under 914 m: 22 (2007) |
| 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. | Lucayan 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 Europe, and its territory is used for smuggling illegal migrants into the US. |
| Birth rate | 10.92 births/1,000 population (2003 est.) | 17.3 births/1,000 population (2007 est.) |
| Budget | revenues: $424.2 million
expenditures: $414.1 million, including capital expenditures of $NA (1998 est.) |
revenues: $1.03 billion
expenditures: $1.03 billion (FY04/05) |
| Capital | Vaduz | name: Nassau
geographic coordinates: 25 05 N, 77 21 W time difference: UTC-5 (same time as Washington, DC during Standard Time) daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November |
| 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) | - |
| Death rate | 6.85 deaths/1,000 population (2003 est.) | 9.13 deaths/1,000 population (2007 est.) |
| Debt - external | $0 (2001) | $342.6 million (2004 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 Ned L. SIEGEL
embassy: 42 Queen Street, Nassau mailing address: local or express mail address: P. O. Box N-8197, Nassau; US Department of State, 3370 Nassau Place, Washington, DC 20521-3370 telephone: [1] (242) 322-1181, 356-3229 (after hours) 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: vacant
chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 319-2660 FAX: [1] (202) 319-2668 consulate(s) general: Miami, New York |
| Disputes - international | Liechtenstein's royal family claims restitution for 1,600 sq km of land in the Czech Republic confiscated in 1918 | disagrees with the US on the alignment of a potential maritime boundary; continues to monitor and interdict drug dealers and Haitian refugees in Bahamian waters |
| Economic aid - recipient | none | $4.78 million (2004) |
| 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 together with tourism-driven construction and manufacturing accounts for approximately 60% of GDP and directly or indirectly employs half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2001-03. The current government has presided over a period of economic recovery and an upturn in large-scale private sector investments in tourism. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. 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 more than 80% of the visitors. |
| Electricity - consumption | NA kWh | 1.762 billion kWh (2005) |
| Electricity - exports | 0 kWh (2002) | 0 kWh (2005) |
| Electricity - imports | 0 kWh (2002) | 0 kWh (2005) |
| Electricity - production | - | 1.894 billion kWh (2005) |
| Electricity - production by source | fossil fuel: 0%
hydro: 0% nuclear: 0% other: 0% (2002) |
- |
| 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, 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 (2006), 1 (2005), 1 (2004), 1 (2003), 1 (2002) |
| 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 Arthur D. HANNA (since 1 February 2006)
head of government: Prime Minister Hubert A. INGRAHAM (since 4 May 2007) 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) | transshipments of 41,290 bbl/day (2004) |
| Exports - commodities | small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products | mineral products and salt, animal products, rum, chemicals, fruit and vegetables |
| 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% | Spain 23.8%, US 21.1%, Poland 14.4%, Germany 7.3%, UK 6.1%, Guatemala 5.2% (2006) |
| 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.) | - |
| GDP - composition by sector | agriculture: NA%
industry: 40% services: NA% (1999) |
agriculture: 3%
industry: 7% services: 90% (2001 est.) |
| GDP - per capita | purchasing power parity - $25,000 (1999 est.) | - |
| GDP - real growth rate | 11% (1999 est.) | 4% (2006 est.) |
| 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 (2007) |
| Highways | total: 250 km
paved: 250 km unpaved: 0 km |
- |
| Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA%
highest 10%: 27% (2000) |
| 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) | NA bbl/day |
| 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 |
| Imports - partners | EU, Switzerland | US 24.5%, Brazil 15.6%, Japan 13%, South Korea 7.8%, Spain 7.1% (2006) |
| 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 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.) |
total: 24.17 deaths/1,000 live births
male: 29.58 deaths/1,000 live births female: 18.65 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | 1% (2001) | 1.2% (2004) |
| 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, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ITSO, ITU, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO (observer) |
| Internet Service Providers (ISPs) | 44 (Liechtenstein and Switzerland) (2000) | - |
| Irrigated land | NA sq km | 10 sq km (2003) |
| Judicial branch | Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht | Privy Council (London); Courts of Appeal; Supreme (lower) Court; 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) | 176,300 (2004) |
| Labor force - by occupation | industry 47.4%, services 51.3%, agriculture 1.3% (37256 est.) | agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 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: 0.58%
permanent crops: 0.29% other: 99.13% (2005) |
| Languages | German (official), Alemannic dialect | English (official), 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 seats; members appointed by the governor general upon the advice of the prime minister and the opposition leader to serve five-year terms) and the House of Assembly (41 seats; members elected by direct popular vote to serve five-year terms); the government may dissolve the Parliament and call elections at any time
elections: last held 2 May 2007 (next to be called by May 2012) election results: percent of vote by party - FNM 49.86%, PLP 47.02%; seats by party - FNM 23, PLP 18 |
| Life expectancy at birth | total population: 79.25 years
male: 75.63 years female: 82.87 years (2003 est.) |
total population: 65.66 years
male: 62.37 years female: 69.02 years (2007 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: 95.6% male: 94.7% female: 96.5% (2003 est.) |
| Location | Central Europe, between Austria and Switzerland | Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba |
| Map references | Europe | Central America and the Caribbean |
| Maritime claims | none (landlocked) | territorial sea: 12 nm
exclusive economic zone: 200 nm |
| Merchant marine | - | total: 1,213 ships (1000 GRT or over) 40,403,455 GRT/54,276,183 DWT
by type: barge carrier 1, bulk carrier 225, cargo 240, chemical tanker 84, combination ore/oil 13, container 72, liquefied gas 49, livestock carrier 2, passenger 117, passenger/cargo 34, petroleum tanker 196, refrigerated cargo 118, roll on/roll off 18, specialized tanker 4, specialized tanker 1, vehicle carrier 39 foreign-owned: 1,134 (Angola 6, Australia 3, Belgium 15, Bermuda 12, Brazil 1, Canada 13, China 9, Croatia 1, Cuba 1, Cyprus 20, Denmark 66, Finland 8, France 43, Germany 40, Greece 214, Hong Kong 3, Iceland 1, Indonesia 3, Ireland 2, Italy 1, Japan 62, Jordan 2, Kenya 1, Malaysia 11, Monaco 11, Montenegro 2, Netherlands 24, Nigeria 2, Norway 232, Philippines 1, Poland 15, Russia 5, Saudi Arabia 15, Singapore 9, Slovenia 1, South Africa 1, Spain 11, Sweden 5, Switzerland 2, Taiwan 1, Thailand 1, Trinidad and Tobago 1, Turkey 5, UAE 20, UK 68, US 162, Uruguay 1, Venezuela 1) registered in other countries: 3 (Barbados 1, Panama 2) (2007) |
| Military - note | defense is the responsibility of Switzerland | - |
| Military branches | - | Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2007) |
| Military expenditures - percent of GDP | - | 0.5% (2006) |
| 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.) | -2.15 migrant(s)/1,000 population (2007 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 [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE] |
| Political pressure groups and leaders | NA | NA |
| Population | 33,145 (July 2003 est.) | 305,655
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 2007 est.) |
| Population below poverty line | NA% | 9.3% (2004) |
| Population growth rate | 0.9% (2003 est.) | 0.602% (2007 est.) |
| Ports and harbors | none | - |
| Radio broadcast stations | AM 0, FM 4, shortwave 0 (1998) | AM 3, FM 5, shortwave 0 (2006) |
| 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) |
- |
| Religions | Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) | Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, other Christian 15.2%, none or unspecified 2.9%, other 0.8% (2000 census) |
| 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: 1.002 male(s)/female 15-64 years: 0.968 male(s)/female 65 years and over: 0.691 male(s)/female total population: 0.956 male(s)/female (2007 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; the Bahamas Domestic Submarine Network links 14 of the islands and is designed to satisfy increasing demand for voice and broadband internet services international: country code - 1-242; landing point for the Americas Region Caribbean Ring System (ARCOS-1) fiber-optic submarine cable that provides links to South and Central America, parts of the Caribbean, and the US; satellite earth station - 2 (2007) |
| Telephones - main lines in use | 20,072 (2000) | 133,100 (2005) |
| Telephones - mobile cellular | NA | 227,800 (2005) |
| Television broadcast stations | NA (linked to Swiss networks) (1997) | 2 (2006) |
| 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.) | 2.15 children born/woman (2007 est.) |
| Unemployment rate | 1.3% (37500) | 10.2% (2005 est.) |
| Waterways | none | - |
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