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Compare Liechtenstein (2005) - British Virgin Islands (2005)

Compare Liechtenstein (2005) z British Virgin Islands (2005)

 Liechtenstein (2005)British Virgin Islands (2005)
 LiechtensteinBritish Virgin Islands
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: 17.6% (male 2,938/female 3,009)


15-64 years: 70.4% (male 11,795/female 11,927)


65 years and over: 12% (male 1,685/female 2,363) (2005 est.)
0-14 years: 21% (male 2,400/female 2,358)


15-64 years: 73.9% (male 8,607/female 8,115)


65 years and over: 5.1% (male 614/female 549) (2005 est.)
Agriculture - products wheat, barley, corn, potatoes; livestock, dairy products fruits, vegetables; livestock, poultry; fish
Airports none (2004 est.) 3 (2004 est.)
Airports - with paved runways - total: 2


914 to 1,523 m: 1


under 914 m: 1 (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: 153 sq km


land: 153 sq km


water: 0 sq km


note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the island of Anegada
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 settled by the Dutch in 1648, the islands were annexed in 1672 by the English. 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 10.41 births/1,000 population (2005 est.) 14.96 births/1,000 population (2005 est.)
Budget revenues: $424.2 million


expenditures: $414.1 million, including capital expenditures of NA (1998 est.)
revenues: $121.5 million


expenditures: $115.5 million, including capital expenditures of NA (1997)
Capital Vaduz Road Town
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
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
Death rate 7.06 deaths/1,000 population (2005 est.) 4.42 deaths/1,000 population (2005 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 in February 2005, the ICJ refused to rule on the restitution of Liechtenstein's land and property assets in the Czech Republic confiscated in 1945 as German property 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, is expected to make 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 dollar as its currency since 1959.
Electricity - consumption - 33.74 million kWh (2002)
Electricity - exports - 0 kWh (2002)
Electricity - imports - 0 kWh (2002)
Electricity - production - 36.28 million kWh (2002)
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-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Wetlands


signed, but not ratified: 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 - 1.2435 (2004), 1.3467 (2003), 1.5586 (2002), 1.6876 (2001), 1.6888 (2000) 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 Ottmar 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 Landtag is usually appointed the head of government by the monarch and the leader of the largest minority party in the Landtag is usually appointed the deputy head of government by the monarch
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Tom MACAN (since 14 October 2002)


head of government: Chief Minister 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
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
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 - 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.) purchasing power parity - $38,500 (2004 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
total: 177 km


paved: 177 km


unpaved: 0 km (2000)
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
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
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: 4.7 deaths/1,000 live births


male: 6.34 deaths/1,000 live births


female: 3.05 deaths/1,000 live births (2005 est.)
total: 18.05 deaths/1,000 live births


male: 21.02 deaths/1,000 live births


female: 14.95 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 1% (2001) 2.5% (2003)
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 NA%, industry NA%, services NA%
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% (2001)
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 and 13 March 2005 (next to be held by NA 2009)


election results: percent of vote by party - FBP 48.7%, VU 38.2%, FL 13%; seats by party - FBP 12, VU 10, FL 3
unicameral Legislative Council (13 seats; members are elected by direct popular vote, one member from each of 9 electoral districts, four at-large members; members serve four-year terms)


elections: last held 16 May 2003 (next to be held NA 2007)


election results: percent of vote by party - NA%; seats by party - NDP 8, VIP 5
Life expectancy at birth total population: 79.55 years


male: 75.96 years


female: 83.16 years (2005 est.)
total population: 76.49 years


male: 75.41 years


female: 77.62 years (2005 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 - total: 1 ships (1,000 GRT or over) 83,825 GRT/155,909 DWT


by type: cargo 1


registered in other countries: 7 (2005)
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 4.8 migrant(s)/1,000 population (2005 est.) 10.01 migrant(s)/1,000 population (2005 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 33,717 (July 2005 est.) 22,643 (July 2005 est.)
Population below poverty line NA% NA
Population growth rate 0.82% (2005 est.) 2.06% (2005 est.)
Ports and harbors none Road Town
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: 1.01 male(s)/female


under 15 years: 0.98 male(s)/female


15-64 years: 0.99 male(s)/female


65 years and over: 0.71 male(s)/female


total population: 0.95 male(s)/female (2005 est.)
at birth: 1.02 male(s)/female


under 15 years: 1.02 male(s)/female


15-64 years: 1.06 male(s)/female


65 years and over: 1.12 male(s)/female


total population: 1.05 male(s)/female (2005 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 (2005 est.) 1.72 children born/woman (2005 est.)
Unemployment rate 1.3% (September 2002) 3% (1995)
Waterways 28 km (2004) -
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