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CIA - The World Factbook -- Liechtenstein

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In general, information available as of 1 January, 2004

was used in the preparation of The World Factbook 2004.

This page was last updated on 19 October, 2004

Legend: Definition Field Listing Rank Order    Introduction    Liechtenstein Top of Page 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.    Geography    Liechtenstein Top of Page Location:

Central Europe, between Austria and Switzerland Geographic coordinates:

47 16 N, 9 32 E Map references:

Europe Area:

total: 160 sq km

land: 160 sq km

water: 0 sq km Area - comparative:

about 0.9 times the size of Washington, DC Land boundaries:

total: 76 km

border countries: Austria 34.9 km, Switzerland 41.1 km Coastline:

0 km (doubly landlocked) Maritime claims:

none (landlocked) Climate:

continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers Terrain:

mostly mountainous (Alps) with Rhine Valley in western third Elevation extremes:

lowest point: Ruggeller Riet 430 m

highest point: Grauspitz 2,599 m Natural resources:

hydroelectric potential, arable land Land use:

arable land: 25%

permanent crops: 0%

other: 75% (2001) Irrigated land:

NA sq km Natural hazards:

NA Environment - current issues:

NA Environment - international agreements:

party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Wetlands

signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Climate Change-Kyoto Protocol, Law of the Sea Geography - note:

along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation    People    Liechtenstein Top of Page Population:

33,436 (July 2004 est.) Age structure:

0-14 years: 17.8% (male 2,950; female 3,014)

15-64 years: 70.5% (male 11,745; female 11,837)

65 years and over: 11.6% (male 1,598; female 2,292) (2004 est.) Median age:

total: 38.8 years

male: 38.3 years

female: 39.3 years (2004 est.) Population growth rate:

0.86% (2004 est.) Birth rate:

10.65 births/1,000 population (2004 est.) Death rate:

6.94 deaths/1,000 population (2004 est.) Net migration rate:

4.85 migrant(s)/1,000 population (2004 est.) Sex ratio:

at birth: 1 male(s)/female

under 15 years: 0.98 male(s)/female

15-64 years: 0.99 male(s)/female

65 years and over: 0.7 male(s)/female

total population: 0.95 male(s)/female (2004 est.) Infant mortality rate:

total: 4.77 deaths/1,000 live births

male: 6.47 deaths/1,000 live births

female: 3.07 deaths/1,000 live births (2004 est.) Life expectancy at birth:

total population: 79.4 years

male: 75.8 years

female: 83.02 years (2004 est.) Total fertility rate:

1.51 children born/woman (2004 est.) HIV/AIDS - adult prevalence rate:

NA HIV/AIDS - people living with HIV/AIDS:

NA HIV/AIDS - deaths:

NA Nationality:

noun: Liechtensteiner(s)

adjective: Liechtenstein Ethnic groups:

Alemannic 86%, Italian, Turkish, and other 14% Religions:

Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) Languages:

German (official), Alemannic dialect Literacy:

definition: age 10 and over can read and write

total population: 100%

male: 100%

female: 100%    Government    Liechtenstein Top of Page Country name:

conventional long form: Principality of Liechtenstein

conventional short form: Liechtenstein

local long form: Fuerstentum Liechtenstein

local short form: Liechtenstein Government type:

hereditary constitutional monarchy on a democratic and parliamentary basis Capital:

Vaduz Administrative divisions:

11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz Independence:

23 January 1719 Imperial Principality of Liechtenstein established; 12 July 1806 established independence from the Holy Roman Empire National holiday:

Assumption Day, 15 August Constitution:

5 October 1921 Legal system:

local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations Suffrage:

18 years of age; universal 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)

head of government: Head of Government Otmar 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 Diet is usually appointed the head of government by the monarch and the leader of the largest minority party in the Diet is usually appointed the deputy head of government by the monarch 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 February 2001 (next to be held by NA 2005)

election results: percent of vote by party - FBP 49.90%, VU 41.35%, FL 8.71%; seats by party - FBP 13, VU 11, FL 1 Judicial branch:

Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht Political parties and leaders:

Patriotic Union (was Fatherland Union) or VU [Heinz FROMMELT]; Progressive Citizens' Party or FBP [Johannes MATT]; The Free List or FL [Dr. Pepo FRICK, Elisabeth TELLENBACH-FRICK, Adolf RITTER] Political pressure groups and leaders:

NA International organization participation:

CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WHO (observer), WIPO, WTrO Diplomatic representation in the US:

chief of mission: Ambassador Claudia FRITSCHE

chancery: 1300 Eye Street NW, Suite 550W, Washington, DC 20005

telephone: [1] (202) 216-0460

FAX: [1] (202) 216-0459 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 Flag description:

two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band    Economy    Liechtenstein Top of Page 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. GDP:

purchasing power parity - $825 million (1999 est.) GDP - real growth rate:

11% (1999 est.) GDP - per capita:

purchasing power parity - $25,000 (1999 est.) GDP - composition by sector:

agriculture: NA

industry: 40%

services: NA (1999) Population below poverty line:

NA Household income or consumption by percentage share:

lowest 10%: NA

highest 10%: NA Inflation rate (consumer prices):

1% (2001) Labor force:

29,000 of whom 19,000 are foreigners; 13,000 commute from Austria, Switzerland, and Germany to work each day (31 December 2001) Labor force - by occupation:

agriculture 1.3%, industry 47.4%, services 51.3% (31 December 2001 est.) Unemployment rate:

1.3% (September 2002) Budget:

revenues: $424.2 million

expenditures: $414.1 million, including capital expenditures of NA (1998 est.) Agriculture - products:

wheat, barley, corn, potatoes; livestock, dairy products Industries:

electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments Industrial production growth rate:

NA 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% Imports:

$917.3 million (1996) Imports - commodities:

agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles Imports - partners:

EU, Switzerland Debt - external:

$0 (2001) Economic aid - recipient:

none Currency:

Swiss franc (CHF) Currency code:

CHF Exchange rates:

Swiss francs per US dollar - 1.3467 (2003), 1.5586 (2002), 1.6876 (2001), 1.6888 (2000), 1.5022 (1999) Fiscal year:

calendar year    Communications    Liechtenstein Top of Page Telephones - main lines in use:

19,900 (2002) Telephones - mobile cellular:

11,400 (2002) Telephone system:

general assessment: automatic telephone system

domestic: NA

international: country code - 423; linked to Swiss networks by cable and microwave radio relay Radio broadcast stations:

AM 0, FM 4, shortwave 0 (1998) Television broadcast stations:

NA (linked to Swiss networks) (1997) Internet country code:

.li Internet hosts:

3,727 (2004) Internet users: