Liechtenstein (2008) | World (2002) | |
Administrative divisions | 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz | 268 nations, dependent areas, other, and miscellaneous entries |
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: 29.2% (male 932,581,592; female 885,688,851)
15-64 years: 63.7% (male 2,009,997,089; female 1,964,938,201) 65 years and over: 7.1% (male 193,549,180; female 247,067,032) (2002 est.) |
Agriculture - products | wheat, barley, corn, potatoes; livestock, dairy products | - |
Area | total: 160 sq km
land: 160 sq km water: 0 sq km |
total: 510.072 million sq km
land: 148.94 million sq km water: 361.132 million sq km note: 70.8% of the world's surface is water, 29.2% is land |
Area - comparative | about 0.9 times the size of Washington, DC | land area about 16 times the size of the US |
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. | Globally, the 20th century was marked by: (a) two devastating world wars; (b) the Great Depression of the 1930s; (c) the end of vast colonial empires; (d) rapid advances in science and technology, from the first airplane flight at Kitty Hawk, North Carolina (US) to the landing on the moon; (e) the Cold War between the Western alliance and the Warsaw Pact nations; (f) a sharp rise in living standards in North America, Europe, and Japan; (g) increased concerns about the environment, including loss of forests, shortages of energy and water, the decline in biological diversity, and air pollution; (h) the onset of the AIDS epidemic; and (i) the ultimate emergence of the US as the only world superpower. The planet's population continues to explode: from 1 billion in 1820, to 2 billion in 1930, 3 billion in 1960, 4 billion in 1974, 5 billion in 1988, and 6 billion in 2000. For the 21st century, the continued exponential growth in science and technology raises both hopes (e.g., advances in medicine) and fears (e.g., development of even more lethal weapons of war). |
Birth rate | 10.02 births/1,000 population (2007 est.) | 21.16 births/1,000 population (2002 est.) |
Budget | revenues: $424.2 million
expenditures: $414.1 million (1998 est.) |
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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 |
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Climate | continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers | two large areas of polar climates separated by two rather narrow temperate zones form a wide equatorial band of tropical to subtropical climates |
Coastline | 0 km (doubly landlocked) | 356,000 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 |
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Death rate | 7.3 deaths/1,000 population (2007 est.) | 8.93 deaths/1,000 population (2002 est.) |
Debt - external | $0 (2001) | $2 trillion for less developed countries (2001 est.) |
Diplomatic representation from the US | the US does not have an embassy in Liechtenstein; the US Ambassador to Switzerland is 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 | none | - |
Economic aid - recipient | - | official development assistance (ODA) $50 billion (2001 est.) |
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. | Growth in global output (gross world product, GWP) fell from 4.8% in 2000 to 2.2% in 2001. The causes: slowdowns in the US economy (21% of GWP) and in the 15 EU economies (20% of GWP); continued stagnation in the Japanese economy (7.3% of GWP); and spillover effects in the less developed regions of the world. China, the second largest economy in the world (12% of GWP), proved an exception, continuing its rapid annual growth, officially announced as 7.3% but estimated by many observers as perhaps two percentage points lower. Russia (2.6% of GWP), with 5.2% growth, continued to make uneven progress, its GDP per capita still only one-third that of the leading industrial nations. The other 14 successor nations of the USSR and the other old Warsaw Pact nations again experienced widely divergent growth rates; the three Baltic nations were strong performers, in the 5% range of growth. The developing nations also varied in their growth results, with many countries facing population increases that eat up gains in output. Externally, the nation-state, as a bedrock economic-political institution, is steadily losing control over international flows of people, goods, funds, and technology. Internally, the central government often finds its control over resources slipping as separatist regional movements - typically based on ethnicity - gain momentum, e.g., in many of the successor states of the former Soviet Union, in the former Yugoslavia, in India, in Indonesia, and in Canada. In Western Europe, governments face the difficult political problem of channeling resources away from welfare programs in order to increase investment and strengthen incentives to seek employment. The addition of 80 million people each year to an already overcrowded globe is exacerbating the problems of pollution, desertification, underemployment, epidemics, and famine. Because of their own internal problems and priorities, the industrialized countries devote insufficient resources to deal effectively with the poorer areas of the world, which, at least from the economic point of view, are becoming further marginalized. The introduction of the euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses economic risks because of varying levels of income and cultural and political differences among the participating nations. The terrorist attacks on the US on 11 September 2001 accentuate a further growing risk to global prosperity, illustrated, for example, by the reallocation of resources away from investment to anti-terrorist programs. (For specific economic developments in each country of the world in 2001, see the individual country entries.) |
Electricity - production by source | - | fossil fuel: NA%
hydro: NA% nuclear: NA% other: NA% |
Elevation extremes | lowest point: Ruggeller Riet 430 m
highest point: Vorder-Grauspitz 2,599 m |
lowest point: Bentley Subglacial Trench -2,540 m
note: in the oceanic realm, Challenger Deep in the Mariana Trench is the lowest point, lying -10,924 m below the surface of the Pacific Ocean highest point: Mount Everest 8,850 m (1999 est.) |
Environment - current issues | NA | large areas subject to overpopulation, industrial disasters, pollution (air, water, acid rain, toxic substances), loss of vegetation (overgrazing, deforestation, desertification), loss of wildlife, soil degradation, soil depletion, erosion |
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 - 1.1973 (2007), 1.2539 (2006), 1.2452 (2005), 1.2435 (2004), 1.3467 (2003) | - |
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 |
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Exports | $2.47 billion (1996) | $6.3 trillion f.o.b. (2001 est.) |
Exports - commodities | small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products | the whole range of industrial and agricultural goods and services |
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) | in value, about 75% of exports from the developed countries |
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 | - |
GDP | - | GWP (gross world product) - purchasing power parity - $47 trillion (2001 est.) |
GDP - composition by sector | agriculture: 6%
industry: 39% services: 55% (2001) |
agriculture: 4%
industry: 32% services: 64% (2001 est.) |
GDP - per capita | - | purchasing power parity - $7,600 (2001 est.) |
GDP - real growth rate | 11% (1999 est.) | 2.2% (2001 est.) |
Geographic coordinates | 47 16 N, 9 32 E | - |
Geography - note | along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation | the world is now thought to be about 4.55 billion years old, just about one-third of the 13-billion-year age estimated for the universe |
Highways | - | total: NA km
paved: NA km unpaved: NA 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's sophisticated offshore financial services sector | - |
Imports | $917.3 million (1996) | $6.3 trillion f.o.b. (2001 est.) |
Imports - commodities | agricultural products, raw materials, energy products, machinery, metal goods, textiles, foodstuffs, motor vehicles | the whole range of industrial and agricultural goods and services |
Imports - partners | EU, Switzerland (2006) | in value, about 75% of imports into the developed countries |
Independence | 23 January 1719 (Principality of Liechtenstein established); 12 July 1806 (independence from the Holy Roman Empire) | - |
Industrial production growth rate | NA% | 6% (2000 est.) |
Industries | electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments | dominated by the onrush of technology, especially in computers, robotics, telecommunications, and medicines and medical equipment; most of these advances take place in OECD nations; only a small portion of non-OECD countries have succeeded in rapidly adjusting to these technological forces; the accelerated development of new industrial (and agricultural) technology is complicating already grim environmental problems |
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.) |
51.55 deaths/1,000 live births (2002 est.) |
Inflation rate (consumer prices) | 1% (2001) | developed countries 1% to 4% typically; developing countries 5% to 60% typically (2001 est.); national inflation rates vary widely in individual cases, from declining prices in Japan to hyperinflation in several Third World countries |
International organization participation | CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, IPU, ITSO, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO | - |
Internet Service Providers (ISPs) | - | 10,350 (2000 est.) |
Irrigated land | NA | 2,714,320 sq km (1998 est.) |
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) | NA |
Labor force - by occupation | agriculture: 2%
industry: 47% services: 51% (31 December 2001) |
agriculture NA%, industry NA%, services NA% |
Land boundaries | total: 76 km
border countries: Austria 34.9 km, Switzerland 41.1 km |
the land boundaries in the world total 250,472 km (not counting shared boundaries twice) |
Land use | arable land: 25%
permanent crops: 0% other: 75% (2005) |
arable land: 10.58%
permanent crops: 1% other: 88.42% (1998 est.) |
Languages | German (official), Alemannic dialect | Chinese, Mandarin 14.37%, Hindi 6.02%, English 5.61%, Spanish 5.59%, Bengali 3.4%, Portuguese 2.63%, Russian 2.75%, Japanese 2.06%, German, Standard 1.64%, Korean 1.28%, French 1.27% (2000 est.)
note: percents are for "first language" speakers only |
Legal system | local civil and penal codes based on civil law system; accepts compulsory ICJ jurisdiction with reservations | all members of the UN plus Switzerland are parties to the statute that established the International Court of Justice (ICJ) or World Court |
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 |
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Life expectancy at birth | total population: 79.81 years
male: 76.24 years female: 83.4 years (2007 est.) |
total population: 63.94 years
male: 62.28 years female: 65.67 years (2002 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: 77% male: 83% female: 71% (1995 est.) |
Location | Central Europe, between Austria and Switzerland | - |
Map references | Europe | Physical Map of the World, Political Map of the World, Standard Time Zones of the World |
Maritime claims | none (landlocked) | a variety of situations exist, but in general, most countries make the following claims: contiguous zone - 24 NM; continental shelf - 200-m depth or to the depth of exploitation, or 200 NM or to the edge of the continental margin; exclusive fishing zone - 200 NM; exclusive economic zone - 200 NM; territorial sea - 12 NM; boundary situations with neighboring states prevent many countries from extending their fishing or economic zones to a full 200 NM; 43 nations and other areas that are landlocked include Afghanistan, Andorra, Armenia, Austria, Azerbaijan, Belarus, Bhutan, Bolivia, Botswana, Burkina Faso, Burundi, Central African Republic, Chad, Czech Republic, Ethiopia, Holy See (Vatican City), Hungary, Kazakhstan, Kyrgyzstan, Laos, Lesotho, Liechtenstein, Luxembourg, Malawi, Mali, Moldova, Mongolia, Nepal, Niger, Paraguay, Rwanda, San Marino, Slovakia, Swaziland, Switzerland, Tajikistan, The Former Yugoslav Republic of Macedonia, Turkmenistan, Uganda, Uzbekistan, West Bank, Zambia, Zimbabwe; two of these, Liechtenstein and Uzbekistan, are doubly landlocked |
Military - note | defense is the responsibility of Switzerland | - |
Military expenditures - dollar figure | - | aggregate real expenditure on arms worldwide in 1999 remained at approximately the 1998 level, about three-quarters of a trillion dollars (1999 est.) |
Military expenditures - percent of GDP | - | roughly 2% of gross world product (1999 est.) |
National holiday | Assumption Day, 15 August | - |
Nationality | noun: Liechtensteiner(s)
adjective: Liechtenstein |
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Natural hazards | NA | large areas subject to severe weather (tropical cyclones), natural disasters (earthquakes, landslides, tsunamis, volcanic eruptions) |
Natural resources | hydroelectric potential, arable land | the rapid depletion of nonrenewable mineral resources, the depletion of forest areas and wetlands, the extinction of animal and plant species, and the deterioration in air and water quality (especially in Eastern Europe, the former USSR, and China) pose serious long-term problems that governments and peoples are only beginning to address |
Net migration rate | 4.73 migrant(s)/1,000 population (2007 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] | - |
Political pressure groups and leaders | NA | - |
Population | 34,247 (July 2007 est.) | 6,233,821,945 (July 2002 est.) |
Population below poverty line | NA% | - |
Population growth rate | 0.745% (2007 est.) | 1.23% (2002 est.) |
Ports and harbors | - | Chiba, Houston, Kawasaki, Kobe, Marseille, Mina' al Ahmadi (Kuwait), New Orleans, New York, Rotterdam, Yokohama |
Radio broadcast stations | AM 0, FM 4, shortwave 0 (1998) | AM NA, FM NA, shortwave NA |
Radios | - | NA |
Railways | 9 km 1.435-m gauge (electrified)
note: belongs to the Austrian Railway System connecting Austria and Switzerland (2006) |
total: 1,201,337 km includes about 190,000 to 195,000 km of electrified routes of which 147,760 km are in Europe, 24,509 km in the Far East, 11,050 km in Africa, 4,223 km in South America, and 4,160 km in North America; note - fastest speed in daily service is 300 km/hr attained by France's Societe Nationale des Chemins-de-Fer Francais (SNCF) Le Train a Grande Vitesse (TGV) - Atlantique line
broad gauge: 251,153 km standard gauge: 710,754 km narrow gauge: 239,430 km |
Religions | Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) | Christians 32.88% (of which Roman Catholics 17.39%, Protestants 5.62%, Orthodox 3.54%, Anglicans 1.31%), Muslims 19.54%, Hindus 13.34%, Buddhists 5.92%, Sikhs 0.38%, Jews 0.24%, other religions 12.6%, non-religious 12.63%, atheists 2.47% (2000 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: 1.05 male(s)/female
under 15 years: 1.05 male(s)/female 15-64 years: 1.02 male(s)/female 65 years and over: 0.78 male(s)/female total population: 1.01 male(s)/female (2002 est.) |
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 |
general assessment: NA
domestic: NA international: NA |
Telephones - main lines in use | 20,000 (2005) | NA |
Telephones - mobile cellular | 27,500 (2005) | NA |
Television broadcast stations | NA (linked to Swiss networks) (1997) | NA |
Terrain | mostly mountainous (Alps) with Rhine Valley in western third | the greatest ocean depth is the Mariana Trench at 10,924 m in the Pacific Ocean |
Total fertility rate | 1.51 children born/woman (2007 est.) | 2.7 children born/woman (2002 est.) |
Unemployment rate | 1.3% (September 2002) | 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment (2001 est.) |
Waterways | 28 km (2006) | - |