Liechtenstein (2004) | British Virgin Islands (2006) | |
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: 17.8% (male 2,950; female 3,014)
15-64 years: 70.5% (male 11,745; female 11,837) 65 years and over: 11.6% (male 1,598; female 2,292) (2004 est.) |
0-14 years: 20.5% (male 2,403/female 2,331)
15-64 years: 74.3% (male 8,811/female 8,340) 65 years and over: 5.3% (male 636/female 577) (2006 est.) |
Agriculture - products | wheat, barley, corn, potatoes; livestock, dairy products | fruits, vegetables; livestock, poultry; fish |
Airports | none (2003 est.) | 3 (2006) |
Airports - with paved runways | - | total: 2
914 to 1,523 m: 1 under 914 m: 1 (2006) |
Airports - with unpaved runways | - | total: 1
914 to 1,523 m: 1 (2006) |
Area | total: 160 sq km
land: 160 sq km water: 0 sq km |
total: 153 sq km
land: 153 sq km water: 0 sq km note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke |
Area - comparative | about 0.9 times the size of Washington, DC | about 0.9 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. Shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering. Liechtenstein has, however, implemented new anti-money-laundering legislation and recently concluded a Mutual Legal Assistance Treaty with the US. | First inhabited by Arawak and later by Carib Indians, the Virgin Islands were settled by the Dutch in 1648 and then annexed by the English in 1672. The islands were part of the British colony of the Leeward Islands from 1872-1960; they were granted autonomy in 1967. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. |
Birth rate | 10.65 births/1,000 population (2004 est.) | 14.89 births/1,000 population (2006 est.) |
Budget | revenues: $424.2 million
expenditures: $414.1 million, including capital expenditures of NA (1998 est.) |
revenues: $204.7 million
expenditures: $180.4 million; including capital expenditures of $33.8 million (1997) |
Capital | Vaduz | name: Road Town
geographic coordinates: 18 27 N, 64 37 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) |
Climate | continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers | subtropical; humid; temperatures moderated by trade winds |
Coastline | 0 km (doubly landlocked) | 80 km |
Constitution | 5 October 1921 | 1 June 1977, amended in 2000 |
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: British Virgin Islands abbreviation: BVI |
Currency | Swiss franc (CHF) | - |
Death rate | 6.94 deaths/1,000 population (2004 est.) | 4.42 deaths/1,000 population (2006 est.) |
Debt - external | $0 (2001) | $36.1 million (1997) |
Dependency status | - | overseas territory of the UK; internal self-governing |
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 |
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 economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1998. Tourism suffered in 2002 because of the lackluster US economy. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, made the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the US dollar as its currency since 1959. |
Electricity - consumption | - | 32.13 million kWh (2003) |
Electricity - exports | - | 0 kWh (2003) |
Electricity - imports | - | 0 kWh (2003) |
Electricity - production | - | 34.55 million kWh (2003) |
Elevation extremes | lowest point: Ruggeller Riet 430 m
highest point: Grauspitz 2,599 m |
lowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 m |
Environment - current issues | NA | limited natural fresh water resources (except for a few seasonal streams and springs on Tortola, most of the islands' water supply comes from wells and rainwater catchments) |
Environment - international agreements | party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulfur 85, Air Pollution-Sulfur 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 83%, white, Indian, Asian and mixed |
Exchange rates | Swiss francs per US dollar - 1.3467 (2003), 1.5586 (2002), 1.6876 (2001), 1.6888 (2000), 1.5022 (1999) | 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) note - on 15 August 2004, HANS ADAM transferred the official duties of the ruling prince to ALOIS, but HANS ADAM retains status of chief of state
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 David PEAREY (since 18 April 2006)
head of government: Chief Minister Dr. Orlando D. SMITH (since 17 June 2003) cabinet: Executive Council appointed by the governor from 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 or the leader of the majority coalition is usually appointed chief minister by the governor |
Exports | $2.47 billion (1996) | NA bbl/day |
Exports - commodities | small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products | rum, fresh fish, fruits, animals; gravel, sand |
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% | Virgin Islands (US), Puerto Rico, US (2004) |
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 Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful) |
GDP | purchasing power parity - $825 million (1999 est.) | - |
GDP - composition by sector | agriculture: NA
industry: 40% services: NA (1999) |
agriculture: 1.8%
industry: 6.2% services: 92% (1996 est.) |
GDP - per capita | purchasing power parity - $25,000 (1999 est.) | - |
GDP - real growth rate | 11% (1999 est.) | 1% (2002 est.) |
Geographic coordinates | 47 16 N, 9 32 E | 18 30 N, 64 30 W |
Geography - note | along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation | strong ties to nearby US Virgin Islands and Puerto Rico |
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%: NA% |
Illicit drugs | has strengthened money-laundering controls, but money laundering remains a concern due to Liechtenstein sophisticated offshore financial services sector | transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering |
Imports | $917.3 million (1996) | NA bbl/day |
Imports - commodities | agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles | building materials, automobiles, foodstuffs, machinery |
Imports - partners | EU, Switzerland | Virgin Islands (US), Puerto Rico, US (2004) |
Independence | 23 January 1719 (Principality of Liechtenstein established); 12 July 1806 (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, light industry, construction, rum, concrete block, offshore financial center |
Infant mortality rate | total: 4.77 deaths/1,000 live births
male: 6.47 deaths/1,000 live births female: 3.07 deaths/1,000 live births (2004 est.) |
total: 16.72 deaths/1,000 live births
male: 19.5 deaths/1,000 live births female: 13.79 deaths/1,000 live births (2006 est.) |
Inflation rate (consumer prices) | 1% (2001) | 2% (2005) |
International organization participation | CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO | Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU |
Irrigated land | NA sq km | NA |
Judicial branch | Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht | Eastern Caribbean Supreme Court, consisting of the High Court of Justice and the Court of Appeal (one judge of the Supreme Court is a resident of the islands and presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction |
Labor force | 29,000 of whom 19,000 are foreigners; 13,000 commute from Austria, Switzerland, and Germany to work each day (31 December 2001) | 12,770 (2004) |
Labor force - by occupation | agriculture 1.3%, industry 47.4%, services 51.3% (31 December 2001 est.) | agriculture: 0.6%
industry: 40% services: 59.4% |
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% (2001) |
arable land: 20%
permanent crops: 6.67% other: 73.33% (2005) |
Languages | German (official), Alemannic dialect | English (official) |
Legal system | local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations | English 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 |
unicameral Legislative Council (13 seats; members are elected by direct popular vote, 1 member from each of nine electoral districts, 4 at-large members; members serve four-year terms)
elections: last held 16 May 2003 (next to be held in 2007) election results: percent of vote by party - NA%; seats by party - NDP 8, VIP 5 |
Life expectancy at birth | total population: 79.4 years
male: 75.8 years female: 83.02 years (2004 est.) |
total population: 76.68 years
male: 75.56 years female: 77.84 years (2006 est.) |
Literacy | definition: age 10 and over can read and write
total population: 100% male: 100% female: 100% |
definition: age 15 and over can read and write
total population: 97.8% (1991 est.) male: NA% female: NA% |
Location | Central Europe, between Austria and Switzerland | Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico |
Map references | Europe | Central America and the Caribbean |
Maritime claims | none (landlocked) | territorial sea: 3 nm
exclusive fishing zone: 200 nm |
Merchant marine | - | registered in other countries: 1 (North Korea 1) (2006) |
Military - note | defense is the responsibility of Switzerland | defense is the responsibility of the UK |
National holiday | Assumption Day, 15 August | Territory Day, 1 July |
Nationality | noun: Liechtensteiner(s)
adjective: Liechtenstein |
noun: British Virgin Islander(s)
adjective: British Virgin Islander |
Natural hazards | NA | hurricanes and tropical storms (July to October) |
Natural resources | hydroelectric potential, arable land | NEGL |
Net migration rate | 4.85 migrant(s)/1,000 population (2004 est.) | 9.22 migrant(s)/1,000 population (2006 est.) |
Pipelines | gas 20 km (2004) | - |
Political parties and leaders | Patriotic Union (was Fatherland Union) or VU [Heinz FROMMELT]; Progressive Citizens' Party or FBP [Johannes MATT]; The Free List or FL [Dr. Pepo FRICK, Elisabeth TELLENBACH-FRICK, Adolf RITTER] | Concerned Citizens Movement or CCM [Ethlyn SMITH]; National Democratic Party or NDP [Orlando SMITH]; United Party or UP [Gregory MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL] |
Political pressure groups and leaders | NA | NA |
Population | 33,436 (July 2004 est.) | 23,098 (July 2006 est.) |
Population below poverty line | NA | NA% |
Population growth rate | 0.86% (2004 est.) | 1.97% (2006 est.) |
Ports and harbors | none | - |
Radio broadcast stations | AM 0, FM 4, shortwave 0 (1998) | AM 1, FM 5, shortwave 0 (2004) |
Religions | Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) | Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 15%), Roman Catholic 10%, none 2%, other 2% (1991) |
Sex ratio | at birth: 1 male(s)/female
under 15 years: 0.98 male(s)/female 15-64 years: 0.99 male(s)/female 65 years and over: 0.7 male(s)/female total population: 0.95 male(s)/female (2004 est.) |
at birth: 1.05 male(s)/female
under 15 years: 1.03 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.1 male(s)/female total population: 1.05 male(s)/female (2006 est.) |
Suffrage | 18 years of age; universal | 18 years of age; universal |
Telephone system | general assessment: automatic telephone system
domestic: NA international: country code - 423; linked to Swiss networks by cable and microwave radio relay |
general assessment: worldwide telephone service
domestic: NA international: country code - 1-284; submarine cable to Bermuda |
Telephones - main lines in use | 19,900 (2002) | 11,700 (2002) |
Telephones - mobile cellular | 11,400 (2002) | 8,000 (2002) |
Television broadcast stations | NA (linked to Swiss networks) (1997) | 1 (plus one cable company) (1997) |
Terrain | mostly mountainous (Alps) with Rhine Valley in western third | coral islands relatively flat; volcanic islands steep, hilly |
Total fertility rate | 1.51 children born/woman (2004 est.) | 1.72 children born/woman (2006 est.) |
Unemployment rate | 1.3% (September 2002) | 3.6% (1997) |
Waterways | 28 km (2004) | - |