ARCHIVE // LI // 2009
Liechtenstein
2009 Edition — sovereign
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Communications
Internet country code
[time series]
.li
Internet users
(Internet hosts)
[time series]
9,287 (2009) country comparison to the world: 118
Internet users
[time series]
23,000 (2008) country comparison to the world: 187
Broadcast media
(Radio broadcast stations)
[time series]
AM 0, FM 4, shortwave 0 (1998)
Telecommunication systems
(Telephone system)
[time series]
general assessment: automatic telephone system domestic: fixed line and mobile-cellular services widely available; combined telephone service subscribership exceeds 150 per 100 persons international: country code - 423; linked to Swiss networks by cable and microwave radio relay (2008)
Telephones - fixed lines
(Telephones - main lines in use)
[time series]
19,600 (2008) country comparison to the world: 195
Telephones - mobile cellular
[time series]
34,000 (2008) country comparison to the world: 201
Broadcast media
(Television broadcast stations)
[time series]
NA (linked to Swiss networks) (1997)
Economy
Agricultural products
(Agriculture - products)
[time series]
wheat, barley, corn, potatoes; livestock, dairy products
Budget
[time series]
revenues: $424.2 million expenditures: $414.1 million (1998 est.)
Debt - external
[time series]
$0 (2001) country comparison to the world: 203
Economic overview
(Economy - overview)
[time series]
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 the highest per capita income in the world. 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 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. In 2008 Liechtenstein came under renewed international pressure - particularly from Germany - to improve transparency in its banking and tax systems.
Exchange rates
[time series]
Swiss francs (CHF) per US dollar - 1.0774 (2008 est.), 1.1973 (2007), 1.2539 (2006), 1.2452 (2005), 1.2435 (2004)
Exports
[time series]
$2.47 billion
Exports - commodities
[time series]
small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products
GDP (official exchange rate)
[time series]
$4.993 billion (2007)
Real GDP (purchasing power parity)
(GDP (purchasing power parity))
[time series]
$4.16 billion (2007) country comparison to the world: 165 $4.035 billion (2006 est.)
GDP - composition, by sector of origin
(GDP - composition by sector)
[time series]
agriculture: 8% industry: 39% services: 54% (2007)
Real GDP per capita
(GDP - per capita (PPP))
[time series]
$118,000 (2007 est.) country comparison to the world: 1
Real GDP growth rate
(GDP - real growth rate)
[time series]
3.1% (2007 est.) country comparison to the world: 121
Household income or consumption by percentage share
[time series]
lowest 10%: NA% highest 10%: NA%
Imports
[time series]
$917.3 million
Imports - commodities
[time series]
agricultural products, raw materials, energy products, machinery, metal goods, textiles, foodstuffs, motor vehicles
Industrial production growth rate
[time series]
NA%
Industries
[time series]
electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments
Inflation rate (consumer prices)
[time series]
1% (2001) country comparison to the world: 8
Labor force
[time series]
32,440 of whom 13,900 commute from Austria, Switzerland, and Germany to work each day (2007) country comparison to the world: 194
Labor force - by occupation
[time series]
agriculture: 1.7% industry: 43.5% services: 55.4% (31 December 2006)
Market value of publicly traded shares
[time series]
$NA
Population below poverty line
[time series]
NA%
Unemployment rate
[time series]
1.5% (31 December 2007) country comparison to the world: 11 1.3% (September 2002)
Geography
Area
[time series]
total: 160 sq km country comparison to the world: 218 land: 160 sq km water: 0 sq km
Area - comparative
[time series]
about 0.9 times the size of Washington, DC
Climate
[time series]
continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers
Coastline
[time series]
0 km (doubly landlocked)
Elevation
(Elevation extremes)
[time series]
lowest point: Ruggeller Riet 430 m highest point: Vorder-Grauspitz 2,599 m
Environment - current issues
[time series]
NA
International environmental agreements
(Environment - international agreements)
[time series]
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
Geographic coordinates
[time series]
47 16 N, 9 32 E
Geography - note
[time series]
along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation
Irrigated land
[time series]
NA
Land boundaries
[time series]
total: 76 km border countries: Austria 34.9 km, Switzerland 41.1 km
Land use
[time series]
arable land: 25% permanent crops: 0% other: 75% (2005)
Location
[time series]
Central Europe, between Austria and Switzerland
Map references
[time series]
Europe
Maritime claims
[time series]
none (landlocked)
Natural hazards
[time series]
NA
Natural resources
[time series]
hydroelectric potential, arable land
Terrain
[time series]
mostly mountainous (Alps) with Rhine Valley in western third
Government
Administrative divisions
[time series]
11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz
Capital
[time series]
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
Constitution
[time series]
5 October 1921; amended 15 September 2003
Country name
[time series]
conventional long form: Principality of Liechtenstein conventional short form: Liechtenstein local long form: Fuerstentum Liechtenstein local short form: Liechtenstein
Diplomatic representation from the US
[time series]
the US does not have an embassy in Liechtenstein; the US Ambassador to Switzerland is accredited to Liechtenstein
Diplomatic representation in the US
[time series]
chief of mission: Ambassador Claudia FRITSCHE chancery: 2900 K Street, NW, Suite 602B, Washington, DC 20007 telephone: [1] (202) 331-0590 FAX: [1] (202) 331-3221
Executive branch
[time series]
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 Klaus TSCHUTSCHER (since 25 March 2009) cabinet: Cabinet elected by the Parliament, confirmed by the monarch elections: 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
Flag
(Flag description)
[time series]
two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band; the colors may derive from the blue and red livery design used in the principality's household in the 18th century; the prince's crown was introduced in 1937 to distinguish the flag from that of Haiti
Government type
[time series]
constitutional monarchy
Independence
[time series]
23 January 1719 (Principality of Liechtenstein established); 12 July 1806 (independence from the Holy Roman Empire)
International organization participation
[time series]
CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, IPU, ITSO, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO
Judicial branch
[time series]
Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht
Legal system
[time series]
local civil and penal codes based on civil law system; accepts compulsory ICJ jurisdiction with reservations
Legislative branch
[time series]
unicameral Parliament or Landtag (25 seats; members are elected by popular vote under proportional representation to serve four-year terms) elections: last held 8 February 2009 (next to be held February 2013) election results: percent of vote by party - VU 47.6%, FBP 43.5%, FL 8.9%; seats by party - VU 13, FBP 11, FL 1
National holiday
[time series]
Assumption Day, 15 August
Political parties
(Political parties and leaders)
[time series]
Die Freie Liste (The Free List) or FL [Claudia HEEB-FLECK and Egon MATT]; Fortschrittliche Buergerpartei (Progressive Citizens' Party) or FBP [Marcus VOGT]; Vaterlaendische Union (Fatherland Union) or VU [Adolf HEEB]
Political parties
(Political pressure groups and leaders)
[time series]
NA
Suffrage
[time series]
18 years of age; universal
Introduction
Background
[time series]
The Principality of Liechtenstein was established within the Holy Roman Empire in 1719. Occupied by both French and Russian troops during the Napoleanic wars, it became a sovereign state in 1806 and joined the Germanic Confederation in 1815. Liechtenstein became fully independent in 1866 when the Confederation dissolved. 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. In 2000, shortcomings in banking regulatory oversight resulted in concerns about the use of financial institutions for money laundering. However, Liechtenstein implemented anti-money-laundering legislation and a Mutual Legal Assistance Treaty with the US that went into effect in 2003.
Military
Manpower available for military service
[time series]
males age 16-49: 8,102 (2008 est.)
Manpower fit for military service
[time series]
males age 16-49: 6,584 females age 16-49: 6,801 (2009 est.)
Manpower reaching militarily significant age annually
[time series]
male: 199 female: 222 (2009 est.)
Military - note
[time series]
Liechtenstein has no military forces, but is interested in European security policy and is an active member of the Organization for Security and Cooperation in Europe (OSCE)
Military and security forces
(Military branches)
[time series]
no regular military forces (constitutionally prohibited); Principality of Liechtenstein National Police (Landespolizei, LP) (2008)
People
Age structure
[time series]
0-14 years: 16.6% (male 2,877/female 2,901) 15-64 years: 69.4% (male 11,917/female 12,220) 65 years and over: 13.9% (male 2,085/female 2,761) (2009 est.)
Birth rate
[time series]
9.75 births/1,000 population (2009 est.) country comparison to the world: 197
Death rate
[time series]
7.39 deaths/1,000 population (July 2009 est.) country comparison to the world: 124
Education expenditure
(Education expenditures)
[time series]
NA
Ethnic groups
[time series]
Liechtensteiner 65.6%, other 34.4% (2000 census)
HIV/AIDS - adult prevalence rate
[time series]
NA
HIV/AIDS - deaths
[time series]
NA
HIV/AIDS - people living with HIV/AIDS
[time series]
NA
Infant mortality rate
[time series]
total: 4.25 deaths/1,000 live births country comparison to the world: 205 male: 5.54 deaths/1,000 live births female: 2.95 deaths/1,000 live births (2009 est.)
Languages
[time series]
German (official), Alemannic dialect
Life expectancy at birth
[time series]
total population: 80.06 years country comparison to the world: 22 male: 76.59 years female: 83.53 years (2009 est.)
Literacy
[time series]
definition: age 10 and over can read and write total population: 100% male: 100% female: 100%
Median age
[time series]
total: 41 years male: 40.4 years female: 41.5 years (2009 est.)
Nationality
[time series]
noun: Liechtensteiner(s) adjective: Liechtenstein
Net migration rate
[time series]
4.66 migrant(s)/1,000 population (2009 est.) country comparison to the world: 23
Population
[time series]
34,761 (July 2009 est.) country comparison to the world: 210
Population growth rate
[time series]
0.702% (2009 est.) country comparison to the world: 145
Religions
[time series]
Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002)
School life expectancy (primary to tertiary education)
[time series]
total: 15 years male: 16 years female: 13 years (2004)
Sex ratio
[time series]
at birth: 1.01 male(s)/female under 15 years: 0.99 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.76 male(s)/female total population: 0.94 male(s)/female (2009 est.)
Total fertility rate
[time series]
1.52 children born/woman (2009 est.) country comparison to the world: 185
Urbanization
[time series]
urban population: 14% of total population (2008) rate of urbanization: 0.5% annual rate of change (2005-10 est.)
Transnational Issues
Disputes - international
[time series]
none
Illicit drugs
[time series]
has strengthened money laundering controls, but money laundering remains a concern due to Liechtenstein's sophisticated offshore financial services sector
Transportation
Pipelines
[time series]
gas 20 km (2008)
Railways
[time series]
9 km 1.435-m gauge (electrified) note: belongs to the Austrian Railway System connecting Austria and Switzerland (2008)
Roadways
[time series]
total: 380 km country comparison to the world: 198 paved: 380 km (2007)
Waterways
[time series]
28 km (2008) country comparison to the world: 107