Liechtenstein (2007) | Liechtenstein (2006) | |
Age structure | 0-14 years: 17.1% (male 2,902/female 2,963)
15-64 years: 70% (male 11,887/female 12,101) 65 years and over: 12.8% (male 1,862/female 2,532) (2007 est.) |
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.) |
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 resulted in concerns about the use of financial institutions for money laundering. However, Liechtenstein implemented anti-money-laundering legislation over the past several years and a Mutual Legal Assistance Treaty with the US went into effect in 2003. | 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. |
Birth rate | 10.02 births/1,000 population (2007 est.) | 10.21 births/1,000 population (2006 est.) |
Budget | revenues: $424.2 million
expenditures: $414.1 million (1998 est.) |
revenues: $424.2 million
expenditures: $414.1 million; including capital expenditures of $NA (1998 est.) |
Capital | name: Vaduz
geographic coordinates: 47 08 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 |
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 |
Death rate | 7.3 deaths/1,000 population (2007 est.) | 7.18 deaths/1,000 population (2006 est.) |
Diplomatic representation from the US | the US does not have an embassy in Liechtenstein; the US Ambassador to Switzerland is accredited to Liechtenstein | the US does not have an embassy in Liechtenstein, but the US Ambassador to Switzerland is also accredited to Liechtenstein |
Disputes - international | none | 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 |
Economic aid - recipient | - | $0 |
Exchange rates | Swiss francs per US dollar - 1.2539 (2006), 1.2452 (2005), 1.2435 (2004), 1.3467 (2003), 1.5586 (2002) | 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 Otmar HASLER (since 5 April 2001); Deputy Head of Government Klaus TSCHUETSCHER (since 21 April 2005) 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 if there is a coalition government |
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 |
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% (2006) | 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) |
GDP - composition by sector | agriculture: 6%
industry: 39% services: 55% (2001) |
agriculture: 6% NA%
industry: 39% services: 55% NA% (1999) |
Illicit drugs | has strengthened money laundering controls, but money laundering remains a concern due to Liechtenstein's sophisticated offshore financial services sector | has strengthened money-laundering controls, but money laundering remains a concern due to Liechtenstein's sophisticated offshore financial services sector |
Imports - commodities | agricultural products, raw materials, energy products, machinery, metal goods, textiles, foodstuffs, motor vehicles | agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles |
Imports - partners | EU, Switzerland (2006) | EU, Switzerland (2004) |
Infant mortality rate | total: 4.58 deaths/1,000 live births
male: 6.13 deaths/1,000 live births female: 3.02 deaths/1,000 live births (2007 est.) |
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.) |
International organization participation | CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, IPU, ITSO, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO | CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, IPU, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO |
Legal system | local civil and penal codes based on civil law system; accepts compulsory ICJ jurisdiction with reservations | local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations |
Legislative branch | unicameral Parliament or Landtag (25 seats; members are elected by popular vote under proportional representation to serve four-year terms)
elections: last held 11 and 13 March 2005 (next to be held by 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 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 |
Life expectancy at birth | total population: 79.81 years
male: 76.24 years female: 83.4 years (2007 est.) |
total population: 79.68 years
male: 76.1 years female: 83.28 years (2006 est.) |
Net migration rate | 4.73 migrant(s)/1,000 population (2007 est.) | 4.77 migrant(s)/1,000 population (2006 est.) |
Political parties and leaders | Patriotic Union or VU [Adolf HEEB] (was Fatherland Union); Progressive Citizens' Party or FBP [Otmar HASLER]; The Free List or FL [Claudia HEEB-FLECK and Egon MATT] | Patriotic Union (was Fatherland Union) or VU [Adolf HEEB]; Progressive Citizens' Party or FBP [Otmar HASLER]; The Free List or FL |
Population | 34,247 (July 2007 est.) | 33,987 (July 2006 est.) |
Population growth rate | 0.745% (2007 est.) | 0.78% (2006 est.) |
Sex ratio | at birth: 1.01 male(s)/female
under 15 years: 0.979 male(s)/female 15-64 years: 0.982 male(s)/female 65 years and over: 0.735 male(s)/female total population: 0.946 male(s)/female (2007 est.) |
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.) |
Telephones - main lines in use | 20,000 (2005) | 19,900 (2002) |
Telephones - mobile cellular | 27,500 (2005) | 11,400 (2002) |
Total fertility rate | 1.51 children born/woman (2007 est.) | 1.51 children born/woman (2006 est.) |
Waterways | 28 km (2006) | 28 km (2005) |