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Compare Liechtenstein (2003) - Cayman Islands (2004)
Compare Liechtenstein (2003) z Cayman Islands (2004)
| Liechtenstein (2003) | Cayman Islands (2004) | |
 |  | |
| Administrative divisions | 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western |
| 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: 21.4% (male 4,608; female 4,616)
15-64 years: 70.6% (male 14,858; female 15,593) 65 years and over: 8% (male 1,607; female 1,821) (2004 est.) |
| Agriculture - products | wheat, barley, corn, potatoes; livestock, dairy products | vegetables, fruit; livestock, turtle farming |
| Airports | none (2002) | 3 (2003 est.) |
| Airports - with paved runways | - | total: 2
1,524 to 2,437 m: 2 (2004 est.) |
| Airports - with unpaved runways | - | total: 1
914 to 1,523 m: 1 (2004 est.) |
| Area | total: 160 sq km
land: 160 sq km water: 0 sq km |
total: 262 sq km
land: 262 sq km water: 0 sq km |
| Area - comparative | about 0.9 times the size of Washington, DC | 1.5 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 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. | The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica since 1863, they remained a British dependency after 1962 when the former became independent. |
| Birth rate | 10.92 births/1,000 population (2003 est.) | 13.11 births/1,000 population (2004 est.) |
| Budget | revenues: $424.2 million
expenditures: $414.1 million, including capital expenditures of $NA (1998 est.) |
revenues: $265.2 million
expenditures: $248.9 million, including capital expenditures of NA (1997) |
| Capital | Vaduz | George Town |
| Climate | continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers | tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) |
| Coastline | 0 km (doubly landlocked) | 160 km |
| Constitution | 5 October 1921 | 1959, revised 1972 and 1992 |
| 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: Cayman Islands |
| Currency | Swiss franc (CHF) | Caymanian dollar (KYD) |
| Death rate | 6.85 deaths/1,000 population (2003 est.) | 4.76 deaths/1,000 population (2004 est.) |
| Debt - external | $0 (2001) | $70 million (1996) |
| 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 | NA (1999) |
| 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. | With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million in 1997, with 600,000 from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. |
| Electricity - consumption | NA kWh | 355.2 million kWh (2001) |
| Electricity - exports | 0 kWh (2002) | 0 kWh (2001) |
| Electricity - imports | 0 kWh (2002) | 0 kWh (2001) |
| Electricity - production | - | 381.9 million kWh (2001) |
| 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: Caribbean Sea 0 m
highest point: The Bluff 43 m |
| Environment - current issues | NA | no natural fresh water resources; drinking water supplies must be met by rainwater catchments |
| 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% | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% |
| Exchange rates | Swiss francs per US dollar - 1.5586 (2002), 1.6876 (2001), 1.6888 (2000), 1.5022 (1999), 1.4498 (1998) | Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993) |
| 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); Governor Bruce DINWIDDY (since 29 May 2002)
head of government: Chief Secretary W. McKeeva BUSH (since NA December 2001) cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly) elections: none; the monarch is hereditary; the governor is appointed by the monarch; the chief secretary is appointed 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 | turtle products, manufactured consumer goods |
| 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% | mostly US |
| Fiscal year | calendar year | 1 April - 31 March |
| 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 Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS |
| GDP | purchasing power parity - $825 million (1999 est.) | purchasing power parity - $1.27 billion (2002 est.) |
| GDP - composition by sector | agriculture: NA%
industry: 40% services: NA% (1999) |
agriculture: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
| GDP - per capita | purchasing power parity - $25,000 (1999 est.) | purchasing power parity - $35,000 (2002 est.) |
| GDP - real growth rate | 11% (1999 est.) | 1.7% (2002 est.) |
| Geographic coordinates | 47 16 N, 9 32 E | 19 30 N, 80 30 W |
| Geography - note | along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation | important location between Cuba and Central America |
| Highways | total: 250 km
paved: 250 km unpaved: 0 km |
total: 785 km
paved: 785 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 | offshore financial center; vulnerable to drug transshipment to the US and Europe |
| Imports | $917.3 million (1996) | NA (2001) |
| Imports - commodities | agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles | foodstuffs, manufactured goods |
| Imports - partners | EU, Switzerland | US, Trinidad and Tobago, UK, Netherlands Antilles, Japan |
| 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, banking, insurance and finance, construction, construction materials, furniture |
| 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: 8.41 deaths/1,000 live births
male: 9.64 deaths/1,000 live births female: 7.16 deaths/1,000 live births (2004 est.) |
| Inflation rate (consumer prices) | 1% (2001) | 2.8% (2002) |
| International organization participation | CE, EBRD, ECE, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WIPO, WTrO | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU |
| Internet Service Providers (ISPs) | 44 (Liechtenstein and Switzerland) (2000) | - |
| Irrigated land | NA sq km | NA sq km |
| Judicial branch | Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht | Summary Court; Grand Court; Cayman Islands Court of Appeal |
| Labor force | 29,000 of which 19,000 are foreigners; 13,000 commute from Austria, Switzerland, and Germany to work each day (37256) | 19,820 (1995) |
| Labor force - by occupation | industry 47.4%, services 51.3%, agriculture 1.3% (37256 est.) | agriculture 1.4%, industry 12.6%, services 86% (1995) |
| 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: 3.85%
permanent crops: 0% other: 96.15% (2001) |
| Languages | German (official), Alemannic dialect | English |
| Legal system | local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations | British common law and local statutes |
| 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 (18 seats, three appointed members from the Executive Council and 15 elected by popular vote; members serve four-year terms)
elections: last held 8 November 2000 (next to be held 17 November 2004) election results: percent of vote - NA; seats - NA |
| Life expectancy at birth | total population: 79.25 years
male: 75.63 years female: 82.87 years (2003 est.) |
total population: 79.81 years
male: 77.21 years female: 82.45 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 has ever attended school
total population: 98% male: 98% female: 98% (1970 est.) |
| Location | Central Europe, between Austria and Switzerland | Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras |
| Map references | Europe | Central America and the Caribbean |
| Maritime claims | none (landlocked) | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
| Merchant marine | - | total: 137 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT
by type: bulk 27, cargo 7, chemical tanker 36, container 2, liquefied gas 1, petroleum tanker 25, refrigerated cargo 33, roll on/roll off 4, short-sea/passenger 1, specialized tanker 1 foreign-owned: Germany 9, Greece 25, Hong Kong 3, Italy 14, Norway 4, Singapore 1, Spain 11, Sweden 13, Switzerland 1, United Kingdom 18, United States 43 registered in other countries: 2 (2004 est.) |
| Military - note | defense is the responsibility of Switzerland | defense is the responsibility of the UK |
| Military branches | - | no regular military forces; Royal Cayman Islands Police Force |
| National holiday | Assumption Day, 15 August | Constitution Day, first Monday in July |
| Nationality | noun: Liechtensteiner(s)
adjective: Liechtenstein |
noun: Caymanian(s)
adjective: Caymanian |
| Natural hazards | NA | hurricanes (July to November) |
| Natural resources | hydroelectric potential, arable land | fish, climate and beaches that foster tourism |
| Net migration rate | 4.89 migrant(s)/1,000 population (2003 est.) | 18.75 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2004 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] | no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS] |
| Political pressure groups and leaders | NA | NA |
| Population | 33,145 (July 2003 est.) | 43,103 (July 2004 est.) |
| Population below poverty line | NA% | NA (2002 est.) |
| Population growth rate | 0.9% (2003 est.) | 2.71% (2004 est.) |
| Ports and harbors | none | Cayman Brac, George Town |
| Radio broadcast stations | AM 0, FM 4, shortwave 0 (1998) | AM 1, FM 5, shortwave 0 (1998) |
| 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) | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic |
| 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 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.88 male(s)/female total population: 0.96 male(s)/female (2004 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: NA
domestic: NA international: country code - 1-345; 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean) |
| Telephones - main lines in use | 20,072 (2000) | 38,000 (2002) |
| Telephones - mobile cellular | NA | 17,000 (2002) |
| Television broadcast stations | NA (linked to Swiss networks) (1997) | 1 with cable system |
| Terrain | mostly mountainous (Alps) with Rhine Valley in western third | low-lying limestone base surrounded by coral reefs |
| Total fertility rate | 1.5 children born/woman (2003 est.) | 1.9 children born/woman (2004 est.) |
| Unemployment rate | 1.3% (37500) | 4.1% (1997) |
| Waterways | none | - |
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