Liechtenstein
hereditary constitutional monarchy
Liechtenstein as the 1992 edition of the CIA World Factbook published it: 68 fields, one of 36 editions from 1990 to 2025.
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Geography
13 fieldsPeople
14 fieldsPer 1,000 population(1992)
Religions(1988)
Labor force
- 19,905, of which 11,933 are foreigners;
- 6,885 commute from Austria and Switzerland to work each day;
- industry, trade, and building 53.2%, services 45%, agriculture, fishing, forestry, and horticulture 1.8% (1990)
Government
Hereditary constitutional monarchy
18 fieldsAdministrative divisions
11 communes (gemeinden, singular - gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz
Judicial branch
Supreme Court (Oberster Gerichtshof) for criminal cases and Superior Court (Obergericht) for civil cases
Leaders
- Chief of State:
- Prince Hans ADAM II (since 13 November 1989; assumed executive powers 26 August 1984); Heir Apparent Prince ALOIS von und zu Liechtenstein (born 11 June 1968)
- Head of Government:
- Hans BRUNHART (since 26 April 1978); Deputy Head of Government Dr. Herbert WILLE (since 2 February 1986)
Political parties and leaders
- Fatherland Union (VU), Dr. Otto HASLER;
- Progressive Citizens' Party (FBP), Emanuel VOGT;
- Free Electoral List (FW)
Elections
- Diet:
- last held on 5 March 1989 (next to be held by March 1993);
- results - percent of vote by party NA;
- seats - (25 total) VU 13, FBP 12
Diplomatic representation
in routine diplomatic matters, Liechtenstein is represented in the US by the Swiss Embassy; US: the US has no diplomatic or consular mission in Liechtenstein, but the US Consul General at Zurich (Switzerland) has consular accreditation at Vaduz
Flag
two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band
Economy
The prosperous economy is based primarily on small-scale light industry and | tourism.
16 fieldsOverview
The prosperous economy is based primarily on small-scale light industry and tourism. Industry accounts for 53% of total employment, the service sector 45% (mostly based on tourism), and agriculture and forestry 2%. The sale of postage stamps to collectors is estimated at $10 million annually.
Low business taxes (the maximum tax rate is 20%) and easy incorporation rules have induced about 25,000 holding or so-called letter box companies to establish nominal offices in Liechtenstein. Such companies, incorporated solely for tax purposes, provide 30% of state revenues. The economy is tied closely to that of Switzerland in a customs union, and incomes and living standards parallel those of the more prosperous Swiss groups.
Exports
$1.6 billion
- commodities:
- small specialty machinery, dental products, stamps, hardware, pottery
- partners:
- EFTA countries 20.9% (Switzerland 15.4%), EC countries 42.7%, other 36.4% (1990)
Industries
electronics, metal manufacturing, textiles, ceramics, pharmaceuticals, food products, precision instruments, tourism
Currency
Swiss franc, franken, or franco (plural - francs, franken, or franchi); 1 Swiss franc, franken, or franco (SwF) = 100 centimes, rappen, or centesimi
Exchange rates
Swiss francs, franken, or franchi (SwF) per US$1 - 1.5079 (March 1992), 1.4340 (1991), 1.3892 (1990), 1.6359 (1989), 1.4633 (1988), 1.4912 (1987)
Communications
5 fieldsNetworkskm
Railroads
18.5 km 1.435-meter standard gauge, electrified; owned, operated, and included in statistics of Austrian Federal Railways
Telecommunications
- limited, but sufficient automatic telephone system;
- 25,400 telephones;
- linked to Swiss networks by cable and radio relay for international telephone, radio, and TV services
Defense Forces
Police Department
2 fieldsCite this entry
Central Intelligence Agency. “Liechtenstein.” The World Factbook 1992. Archived by The Factbook, thefactbook.org/liechtenstein/1992.