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Compare Liechtenstein (2008) - Cayman Islands (2005)
Compare Liechtenstein (2008) z Cayman Islands (2005)
| Liechtenstein (2008) | Cayman Islands (2005) | |
 |  | |
| 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: 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: 21.1% (male 4,658/female 4,662)
15-64 years: 70.8% (male 15,284/female 16,050) 65 years and over: 8.2% (male 1,699/female 1,917) (2005 est.) |
| Agriculture - products | wheat, barley, corn, potatoes; livestock, dairy products | vegetables, fruit; livestock, turtle farming |
| Airports | - | 3 (2004 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. 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 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 | 10.02 births/1,000 population (2007 est.) | 12.92 births/1,000 population (2005 est.) |
| Budget | revenues: $424.2 million
expenditures: $414.1 million (1998 est.) |
revenues: $265.2 million
expenditures: $248.9 million, including capital expenditures of NA (1997) |
| 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 |
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 |
| Death rate | 7.3 deaths/1,000 population (2007 est.) | 4.81 deaths/1,000 population (2005 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; the US Ambassador to Switzerland is accredited to Liechtenstein | none (overseas territory of the UK) |
| 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 |
none (overseas territory of the UK) |
| Disputes - international | none | none |
| Economic aid - recipient | - | 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. | 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 | - | 382.1 million kWh (2002) |
| Electricity - exports | - | 0 kWh (2002) |
| Electricity - imports | - | 0 kWh (2002) |
| Electricity - production | - | 410.8 million kWh (2002) |
| Elevation extremes | lowest point: Ruggeller Riet 430 m
highest point: Vorder-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-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% | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% |
| Exchange rates | Swiss francs per US dollar - 1.1973 (2007), 1.2539 (2006), 1.2452 (2005), 1.2435 (2004), 1.3467 (2003) | 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); 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: Queen ELIZABETH II (since 6 February 1952); Governor Bruce DINWIDDY (since 29 May 2002)
head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005) 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; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business |
| 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 | 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% (2006) | 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 - composition by sector | agriculture: 6%
industry: 39% services: 55% (2001) |
agriculture: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
| GDP - per capita | - | purchasing power parity - $32,300 (2004 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: 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 | has strengthened money laundering controls, but money laundering remains a concern due to Liechtenstein's sophisticated offshore financial services sector | offshore financial center; vulnerable to drug transshipment to the US and Europe |
| Imports | $917.3 million (1996) | NA |
| Imports - commodities | agricultural products, raw materials, energy products, machinery, metal goods, textiles, foodstuffs, motor vehicles | foodstuffs, manufactured goods |
| Imports - partners | EU, Switzerland (2006) | US, Trinidad and Tobago, UK, Netherlands Antilles, Japan |
| 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, banking, insurance and finance, construction, construction materials, furniture |
| 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: 8.19 deaths/1,000 live births
male: 9.39 deaths/1,000 live births female: 6.97 deaths/1,000 live births (2005 est.) |
| Inflation rate (consumer prices) | 1% (2001) | 2.8% (2002) |
| International organization participation | CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, IPU, ITSO, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU |
| Irrigated land | NA | 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 | 29,500 of whom 13,900 commute from Austria, Switzerland, and Germany to work each day (31 December 2001) | 19,820 (1995) |
| Labor force - by occupation | agriculture: 2%
industry: 47% services: 51% (31 December 2001) |
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% (2005) |
arable land: 3.85%
permanent crops: 0% other: 96.15% (2001) |
| Languages | German (official), Alemannic dialect | English |
| Legal system | local civil and penal codes based on civil law system; accepts compulsory ICJ jurisdiction with reservations | British common law and local statutes |
| 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 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 11 May 2005 (next to be held 2009) election results: percent of vote - NA%; seats - PPM 9, UDP 5, independent 1 |
| Life expectancy at birth | total population: 79.81 years
male: 76.24 years female: 83.4 years (2007 est.) |
total population: 79.95 years
male: 77.33 years female: 82.6 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 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: 129 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT
by type: bulk carrier 29, cargo 12, chemical tanker 39, liquefied gas 1, petroleum tanker 17, refrigerated cargo 28, roll on/roll off 3 foreign-owned: 126 (Denmark 1, Germany 14, Greece 20, Italy 12, Norway 1, Philippines 1, Sweden 13, Switzerland 11, United Kingdom 9, United States 44) (2005) |
| 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 | 4.73 migrant(s)/1,000 population (2007 est.) | 18.25 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2005 est.) |
| Pipelines | gas 20 km (2007) | - |
| Political parties and leaders | Patriotic Union or VU [Adolf HEEB] (was Fatherland Union); Progressive Citizens' Party or FBP [Marcus VOGT]; The Free List or FL [Claudia HEEB-FLECK and Egon MATT] | 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 | 34,247 (July 2007 est.) | 44,270 (July 2005 est.) |
| Population below poverty line | NA% | NA (2002 est.) |
| Population growth rate | 0.745% (2007 est.) | 2.64% (2005 est.) |
| Ports and harbors | - | Cayman Brac, George Town |
| Radio broadcast stations | AM 0, FM 4, shortwave 0 (1998) | AM 1, FM 4, shortwave 0 (2004) |
| Railways | 9 km 1.435-m gauge (electrified)
note: belongs to the Austrian Railway System connecting Austria and Switzerland (2006) |
- |
| 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: 1.01 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: 1.02 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.89 male(s)/female total population: 0.96 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: reasonably good system
domestic: liberalization of telecom market in 2003 reflected in falling prices and improving services international: country code - 1-345; 2 submarine fiber optic cables (Maya-1, Cayman-Jamaica); satellite earth station - 1 Intelsat (Atlantic Ocean) |
| Telephones - main lines in use | 20,000 (2005) | 38,000 (2002) |
| Telephones - mobile cellular | 27,500 (2005) | 17,000 (2002) |
| Television broadcast stations | NA (linked to Swiss networks) (1997) | 4 with cable system (2004) |
| Terrain | mostly mountainous (Alps) with Rhine Valley in western third | low-lying limestone base surrounded by coral reefs |
| Total fertility rate | 1.51 children born/woman (2007 est.) | 1.9 children born/woman (2005 est.) |
| Unemployment rate | 1.3% (September 2002) | 4.1% (1997) |
| Waterways | 28 km (2006) | - |
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