Liechtenstein (2006) | Bouvet Island (2006) | |
Administrative divisions | 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz | - |
Age structure | 0-14 years: 17.4% (male 2,922/female 2,988)
15-64 years: 70.2% (male 11,842/female 12,022) 65 years and over: 12.4% (male 1,773/female 2,440) (2006 est.) |
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Agriculture - products | wheat, barley, corn, potatoes; livestock, dairy products | - |
Area | total: 160 sq km
land: 160 sq km water: 0 sq km |
total: 49 sq km
land: 49 sq km water: 0 sq km |
Area - comparative | about 0.9 times the size of Washington, DC | about 0.3 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. | This uninhabited volcanic island is almost entirely covered by glaciers and is difficult to approach. It was discovered in 1739 by a French naval officer after whom the island was named. No claim was made until 1825, when the British flag was raised. In 1928, the UK waived its claim in favor of Norway, which had occupied the island the previous year. In 1971, Bouvet Island and the adjacent territorial waters were designated a nature reserve. Since 1977, Norway has run an automated meteorological station on the island. |
Birth rate | 10.21 births/1,000 population (2006 est.) | - |
Budget | revenues: $424.2 million
expenditures: $414.1 million; including capital expenditures of $NA (1998 est.) |
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Capital | name: Vaduz
geographic coordinates: 47 09 N, 9 31 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October |
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Climate | continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers | antarctic |
Coastline | 0 km (doubly landlocked) | 29.6 km |
Constitution | 5 October 1921 | - |
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: Bouvet Island |
Death rate | 7.18 deaths/1,000 population (2006 est.) | - |
Debt - external | $0 (2001) | - |
Dependency status | - | territory of Norway; administered by the Polar Department of the Ministry of Justice and Police from Oslo |
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 | - |
Diplomatic representation in the US | chief of mission: Ambassador Claudia FRITSCHE
chancery: 888 17th Street NW, Suite 1250, Washington, DC 20006 telephone: [1] (202) 331-0590 FAX: [1] (202) 331-3221 |
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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 | $0 | - |
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. | no economic activity; declared a nature reserve |
Elevation extremes | lowest point: Ruggeller Riet 430 m
highest point: Vorder-Grauspitz 2,599 m |
lowest point: South Atlantic Ocean 0 m
highest point: Olav Peak 935 m |
Environment - current issues | NA | NA |
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 |
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Ethnic groups | Alemannic 86%, Italian, Turkish, and other 14% | - |
Exchange rates | Swiss francs per US dollar - 1.2452 (2005), 1.2435 (2004), 1.3467 (2003), 1.5586 (2002), 1.6876 (2001) | - |
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 |
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Exports | $2.47 billion (1996) | - |
Exports - commodities | small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products | - |
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% (2004) | - |
Fiscal year | calendar year | - |
Flag description | two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band | the flag of Norway is used |
GDP - composition by sector | agriculture: 6% NA%
industry: 39% services: 55% NA% (1999) |
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GDP - real growth rate | 11% (1999 est.) | - |
Geographic coordinates | 47 16 N, 9 32 E | 54 26 S, 3 24 E |
Geography - note | along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation | covered by glacial ice; declared a nature reserve |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
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Illicit drugs | has strengthened money-laundering controls, but money laundering remains a concern due to Liechtenstein's sophisticated offshore financial services sector | - |
Imports | $917.3 million (1996) | - |
Imports - commodities | agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles | - |
Imports - partners | EU, Switzerland (2004) | - |
Independence | 23 January 1719 (Principality of Liechtenstein established); 12 July 1806 (independence from the Holy Roman Empire) | - |
Industrial production growth rate | NA% | - |
Industries | electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments | - |
Infant mortality rate | total: 4.64 deaths/1,000 live births
male: 6.24 deaths/1,000 live births female: 3.04 deaths/1,000 live births (2006 est.) |
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Inflation rate (consumer prices) | 1% (2001) | - |
International organization participation | CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, IPU, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO | - |
Irrigated land | NA | 0 sq km |
Judicial branch | Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht | - |
Labor force | 29,500 of whom 13,900 commute from Austria, Switzerland, and Germany to work each day (31 December 2001) | - |
Labor force - by occupation | agriculture: 2%
industry: 47% services: 51% (31 December 2001) |
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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% (2005) |
arable land: 0%
permanent crops: 0% other: 100% (93% ice) (2005) |
Languages | German (official), Alemannic dialect | - |
Legal system | local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations | the laws of Norway, where applicable, apply |
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 |
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Life expectancy at birth | total population: 79.68 years
male: 76.1 years female: 83.28 years (2006 est.) |
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Literacy | definition: age 10 and over can read and write
total population: 100% male: 100% female: 100% |
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Location | Central Europe, between Austria and Switzerland | island in the South Atlantic Ocean, southwest of the Cape of Good Hope (South Africa) |
Map references | Europe | Antarctic Region |
Maritime claims | none (landlocked) | territorial sea: 4 nm |
Military - note | defense is the responsibility of Switzerland | defense is the responsibility of Norway |
National holiday | Assumption Day, 15 August | - |
Nationality | noun: Liechtensteiner(s)
adjective: Liechtenstein |
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Natural hazards | NA | NA |
Natural resources | hydroelectric potential, arable land | none |
Net migration rate | 4.77 migrant(s)/1,000 population (2006 est.) | - |
Pipelines | gas 20 km (2006) | - |
Political parties and leaders | Patriotic Union (was Fatherland Union) or VU [Adolf HEEB]; Progressive Citizens' Party or FBP [Otmar HASLER]; The Free List or FL | - |
Political pressure groups and leaders | NA | - |
Population | 33,987 (July 2006 est.) | uninhabited (July 2006 est.) |
Population below poverty line | NA% | - |
Population growth rate | 0.78% (2006 est.) | - |
Radio broadcast stations | AM 0, FM 4, shortwave 0 (1998) | - |
Railways | 9 km 1.435-m gauge (electrified)
note: belongs to the Austrian Railway System connecting Austria and Switzerland (2006) |
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Religions | Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) | - |
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: 0.73 male(s)/female total population: 0.95 male(s)/female (2006 est.) |
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Suffrage | 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 |
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Telephones - main lines in use | 19,900 (2002) | - |
Telephones - mobile cellular | 11,400 (2002) | - |
Television broadcast stations | NA (linked to Swiss networks) (1997) | - |
Terrain | mostly mountainous (Alps) with Rhine Valley in western third | volcanic; coast is mostly inaccessible |
Total fertility rate | 1.51 children born/woman (2006 est.) | - |
Unemployment rate | 1.3% (September 2002) | - |
Waterways | 28 km (2005) | - |