Liechtenstein
Principality of LiechtensteinFurstentum Liechtenstein
hereditary constitutional monarchy
Liechtenstein as the 1995 edition of the CIA World Factbook published it: 74 fields, one of 36 editions from 1990 to 2025.
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Geography
Central Europe, between Austria and Switzerland
14 fieldsLand useshare of 160 sq km
International disputes
- claims 1,600 square kilometers of Czech territory confiscated from its royal family in 1918;
- the Czech Republic insists that restitution does not go back before February 1948, when the Communists seized power
Climate
- continental;
- cold, cloudy winters with frequent snow or rain;
- cool to moderately warm, cloudy, humid summers
Environment
- current issues:
- NA
- natural hazards:
- NA
- international agreements:
- party to - Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulphur 85, Air Pollution-Volatile Organic Compounds, Climate Change, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Wetlands;
- signed, but not ratified - Air Pollution-Sulphur 94, Biodiversity, Law of the Sea
People
15 fieldsPer 1,000 population(1995 est.)
Male · female(1995 est.)
Religions(1988)
Age structure
- 0-14 years:
- 19% (female 2,897; male 2,974)
- 15-64 years:
- 71% (female 10,853; male 10,777)
- 65 years and over:
- 10% (female 1,930; male 1,223) (July 1995 est.)
Labor force
19,905 of which 11,933 are foreigners; 6,885 commute from Austria and Switzerland to work each day; by occupation: industry, trade, and building 53.2%, services 45%, agriculture, fishing, forestry, and horticulture 1.8% (1990)
Government
Hereditary constitutional monarchy; Prince Hans ADAM II (since 13 November 1989; Mario FRICK (since 15 December 1993)
19 fieldsPresidential electionpercent of vote
Legislature, 25 seatsone dot, one seat
Names
- conventional long form:
- Principality of Liechtenstein
- conventional short form:
- Liechtenstein
- local long form:
- Furstentum Liechtenstein
- local short form:
- Liechtenstein
Administrative divisions
11 communes (gemeinden, singular - gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz
Executive branch
- 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:
- Mario FRICK (since 15 December 1993); Deputy Head of Government Dr. Thomas BUECHEL (since 15 December 1993)
- cabinet:
- Cabinet;
- elected by the Diet;
- confirmed by the sovereign
Diet (Landtag)
- elections last held on 24 October 1993 (next to be held by March 1997);
- results - VU 50.1%, FBP 41.3%, FL 8.5%;
- seats - (25 total) VU 13, FBP 11, FL 1
Judicial branch
Supreme Court (Oberster Gerichtshof) for criminal cases, Superior Court (Obergericht) for civil cases
Political parties and leaders
- Fatherland Union (VU), Dr. Oswald KRANTZ;
- Progressive Citizens' Party (FBP), Otmar HASLER;
- The Free List (FL)
Member of
CE, EBRD, ECE, EFTA, GATT, IAEA, ICRM, IFRCS, INTELSAT, INTERPOL, IOC, ITU, OSCE, UN, UNCTAD, UPU, WCL, WIPO
Diplomatic representation in US
in routine diplomatic matters, Liechtenstein is represented in the US by the Swiss Embassy
US diplomatic representation
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
18 fieldsInstalled generating capacity, 23,000 kW
Overview
Despite its small size and limited natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital service sector and living standards on par with its large European neighbors. 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, providing 30% of state revenues.
The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. Liechtenstein plans to join the European Economic Area (an organization serving as a bridge between EFTA and EU) in 1995.
Exports
$NA
- commodities:
- small specialty machinery, dental products, stamps, hardware, pottery
- partners:
- EC countries 42.7%, EFTA countries 20.9% (Switzerland 15.4%), other 36.4% (1990)
Industries
electronics, metal manufacturing, textiles, ceramics, pharmaceuticals, food products, precision instruments, tourism
Exchange rates
Swiss francs, franken, or franchi (SwF) per US$1 - 1.2880 (January 1995), 1.3677 (1994), 1.4776 (1993), 1.4062 (1992), 1.4340 (1991), 1.3892 (1990)
Transportation
4 fieldsNetworkskm
Communications
3 fieldsTelephone system
25,400 telephones; limited, but sufficient automatic telephone system
- local:
- NA
- intercity:
- NA
- international:
- linked to Swiss networks by cable and radio relay
Defense Forces
1 fieldCite this entry
Central Intelligence Agency. “Liechtenstein.” The World Factbook 1995. Archived by The Factbook, thefactbook.org/liechtenstein/1995.