Liechtenstein

Principality of LiechtensteinFuerstentum Liechtenstein

hereditary constitutional monarchy

Liechtenstein as the 2014 edition of the CIA World Factbook published it: 110 fields, one of 36 editions from 1990 to 2025.

field in that editiontext changed from the edition beforenot in that editionthe open editionEach field below ends in its editions, 1990 to 2025. Point at a year above to follow it down.

CapitalVaduz, UTC+1
Position47 16 N, 9 32 E
Area160 sq km
LocationCentral Europe, between Austria and Switzerland
Populationas each edition published it
37,313 people July 2014 est. · 28,292 in 1990
Population growth% a year
0.82% 2014 est. · 1.32% in 1993
Median ageyears
42.4 years 2014 est. · 38.3 yrs in 2003
Life expectancyyears at birth
81.68 years 2014 est. · 77.29 yrs in 1993
Fertility ratechildren per woman
1.69 children per woman 2014 est. · 1.5 in 1990
Infant mortalitydeaths per 1,000 live births
4.33 deaths per 1,000 live births 2014 est. · 5 in 1990
GDP per capitaeach edition's own dollars
$89,400 2009 est. · $22,300 in 1993
GDP real growth% a year
1.8% 2012 est. · 11% in 2003

Introduction

1 field

Background

The Principality of Liechtenstein was established within the Holy Roman Empire in 1719. Occupied by both French and Russian troops during the Napoleonic 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.

Geography

Central Europe, between Austria and Switzerland

18 fields

Land useshare of 160 sq km

arable land 21.88%permanent crops 0%other 78.12% (2011)
Area
160sq km
country comparison to the world: 219land: 160 sq kmwater: 0 sq kmabout 0.9 times the size of Washington, DC
Coastline
0km
(doubly landlocked)Maritime claims: none (landlocked)
Land boundaries
76km
border countries: Austria 34.9 km, Switzerland 41.1 km

Location

Central Europe, between Austria and Switzerland

Geographic coordinates

47 16 N, 9 32 E

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:
Vorder-Grauspitz 2,599 m

Natural resources

hydroelectric potential, arable land

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

Geography - note

along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation

People and Society

23 fields

Age structuremale left, female right · (2014 est.)

2,713
65 and over15.4%
3,257
2,479
55-6413.4%
2,535
8,029
25-5443.1%
8,069
2,160
15-2411.7%
2,197
3,130
0-1415.7%
2,744
MaleFemale
Population
37,313
(July 2014 est.)country comparison to the world: 214growth rate: 0.82% (2014 est.)country comparison to the world: 134

Per 1,000 population(2014 est.)

Birth
10.53Death
7.02Net migration
4.72

Male · female

TotalMale · femaleLife expectancy years (2014 est.)81.68
79.52 · 84.4Infant mortality deaths/1,000 live births (2014 est.)4.33
4.62 · 3.96Literacy100%
100% · 100%
TotalMale · femaleMedian age years (2014 est.)42.4
41.3 · 43.5School life expectancy years (2011)15
16 · 14
MaleFemaleLife expectancy country comparison to the world: 13 · Infant mortality country comparison to the world: 191 · Literacy definition: age 10 and over can read and write

Religions(2010 est.)

Roman Catholic (official) 75.9%Protestant Reformed 6.5%Muslim 5.4%Lutheran 1.3%other 2.9%none 5.4%unspecified 2.6% (2010 est.)
Urban population
14.4%of total population
(2011)rate of urbanization: 0.53% annual rate of change (2010-15 est.)Major urban areas - population: VADUZ (capital) 5,000 (2011)

Nationality

noun:
Liechtensteiner(s)
adjective:
Liechtenstein

Ethnic groups

Liechtensteiner 65.6%, other 34.4% (2000 census)

Languages

German 94.5% (official) (Alemannic is the main dialect), Italian 1.1%, other 4.3% (2010 est.)

Sex ratio

at birth:
1.26 male(s)/female
0-14 years:
1.14 male(s)/female
15-24 years:
0.98 male(s)/female
25-54 years:
1 male(s)/female
55-64 years:
0.99 male(s)/female
65 years and over:
0.81 male(s)/female
total population:
0.98 male(s)/female (2014 est.)

Total fertility rate

1.69 children born/woman (2014 est.) country comparison to the world: 173

Education expenditures

2.1% of GDP (2008) country comparison to the world: 166

Government

Hereditary constitutional monarchy; Prince HANS ADAM II (since 13 November 1989, assumed executive powers on 26 August 1984); Head of Government (Prime Minister) Adrian HASLER (since 27 March 2013)

20 fields

Presidential electionpercent of vote

40.0%
FBP 40.0%VU 33.5%DU FL 11.1% 15.3%last held on 3 February 2013 (next to be held in February 2017)

Parliament or Landtag, 25 seats, elected 3 February 2013one dot, one seat

FBP 10VU 8DU 4FL 3

Percent of vote

FBP 40.0%VU 33.5%DU FL 11.1% 15.3%

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

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

Administrative divisions

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

Independence

  • 23 January 1719 (Principality of Liechtenstein established);
  • 12 July 1806 (independence from the Holy Roman Empire);
  • 24 August 1866 (independence from the German Confederation)

National holiday

Assumption Day, 15 August

Constitution

  • previous 1862;
  • latest adopted 5 October 1921;
  • amended many times, last in 2011 (2013)

International law organization participation

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

Suffrage

18 years of age; universal

Executive branch

chief of state:
  • Prince HANS ADAM II (since 13 November 1989, assumed executive powers on 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 (Prime Minister) Adrian HASLER (since 27 March 2013)
cabinet:
Cabinet elected by the Parliament, confirmed by the monarch; (For more information visit theWorld Leaders website)
elections:
the monarchy is hereditary; following legislative elections, the leader of the majority party in the Landtag usually appointed the head of government by the monarch and the leader of the largest minority party in the Landtag usually appointed the deputy head of government by the monarch if there is a coalition government

Legislative branch

unicameral Parliament or Landtag (25 seats; members elected by popular vote under proportional representation to serve four-year terms)

elections:
last held on 3 February 2013 (next to be held in February 2017)
election results:
percent of vote by party - FBP 40.0%, VU 33.5%, DU 15.3% FL 11.1%; seats by party - FBP 10, VU 8, DU 4, FL 3

Judicial branch

highest court(s):
Supreme Court or Oberster Gerichtshof (consists of 5 judges); Constitutional Court or Verfassungsgericht (consists of 5 judges and 5 alternates)
judge selection and term of office:
  • judges of both courts elected by the Landtag and appointed by the monarch;
  • Supreme Court judges serve 4-year renewable terms;
  • Constitutional Court judge tenure NA
subordinate courts:
Court of Appeal or Obergericht (second instance), Court of Justice (first instance), Administrative Court, county courts

Political parties and leaders

The Free List (Die Freie Liste) or FL [Wolfgang MARXER]; the independents (Die Unabhaengigen) or DU [Harry QUADERER]; Progressive Citizens' Party (Fortschrittliche Buergerpartei) or FBP [Alexander BATLINER]; Fatherland Union (Vaterlaendische Union) or VU [Jakob BUECHEL]

International organization participation

CD, CE, EBRD, EFTA, IAEA, ICRM, IFRCS, Interpol, IOC, IPU, ITSO, ITU, ITUC (NGOs), OPCW, OSCE, PCA, Schengen Convention, UN, UNCTAD, UPU, WIPO, WTO

Diplomatic representation in the US

chief of mission:
Ambassador Claudia FRITSCHE (since 7 December 2000)
chancery:
2900 K Street, NW, Suite 602B, Washington, DC 20007
telephone:
[1] (202) 331-0590
FAX:
[1] (202) 331-3221

Diplomatic representation from the US

  • the US does not have an embassy in Liechtenstein;
  • the US Ambassador to Switzerland, currently Charge d'Affaires Jeffrey R. CELLARS, is 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;
  • 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

National anthem

name: "Oben am jungen Rhein" (High Above the Young Rhine)

Economy

26 fields
GDP, purchasing power parity
$3.2billion
(2009)country comparison to the world: 179$3.216 billion (2008) · $3.159 billion (2007)official exchange rate: $5.113 billion (2010 est.)
GDP per capita, PPP
$89,400
(2009 est.)country comparison to the world: 2$90,600 (2008 est.) · $89,700 (2007 est.)
Real growth rate
1.8%
(2012 est.)country comparison to the world: 151-0.5% (2009 est.) · 3.1% (2007 est.)industrial production growth: NA%
Inflation, consumer prices
-0.7%
(2012)country comparison to the world: 40.2% (2011)

GDP - composition, by sector of origin(2009)

agriculture 8%industry 37%services 55% (2009)

Budget

Revenues
$995.3 millionExpenditures
$890.4 million (2011 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 likely the second 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.

Since 2008, Liechtenstein has faced renewed international pressure - particularly from Germany - to improve transparency in its banking and tax systems. In December 2008, Liechtenstein signed a Tax Information Exchange Agreement with the US. Upon Liechtenstein's conclusion of 12 bilateral information-sharing agreements, the OECD in October 2009 removed the principality from its "grey list" of countries that had yet to implement the organization's Model Tax Convention.

By the end of 2010, Liechtenstein had signed 25 Tax Information Exchange Agreements or Double Tax Agreements. In 2011 Liechtenstein joined the Schengen area, which allows passport-free travel across 26 European countries.

Agriculture - products

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

Industries

electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments

Labor force

35,830 (2012) country comparison to the world: 202 note: 51% of the labor force in Liechtenstein commuted daily from Austria, Switzerland, or Germany (2012)

Labor force - by occupation

agriculture:
0.8%
industry:
39.4%
services:
59.9% (2012)

Unemployment rate

2.3% (2012) · 2.5% (2011) country comparison to the world: 18

Taxes and other revenues

25.2% of GDP (2011 est.) country comparison to the world: 124

Budget surplus (+) or deficit (-)

-1.6% of GDP (2011 est.) country comparison to the world: 75

Fiscal year

calendar year

Exports

$3.801 billion (2012 est.) · $3.757 billion (2011 est.) country comparison to the world: 125 note: trade data exclude trade with Switzerland

Exports - commodities

small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products

Imports

$2.09 billion (2012 est.) · $2.218 billion (2011 est.) country comparison to the world: 162 note: trade data exclude trade with Switzerland

Imports - commodities

agricultural products, raw materials, energy products, machinery, metal goods, textiles, foodstuffs, motor vehicles

Debt - external

$0 (2001) country comparison to the world: 201

Exchange rates

Swiss francs (CHF) per US dollar - 0.9542 (2013) · 0.9374 (2012) · 1.0429 (2010) · 1.0881 (2009) · 1.0774 (2008)

Energy

3 fields

Electricity

Electricity production
145.3 million (2012)Electricity consumption
1.36 billion (2012)Electricity imports
1.214 billion (2012)

Communications

7 fields
Mobile cellular
38,000
(2012)
Internet users
14,278
(2012)
Fixed lines
20,000
(2012) · country code .li

Telephone system

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 (2011)

Broadcast media

  • relies on foreign terrestrial and satellite broadcasters for most broadcast media services;
  • first Liechtenstein-based TV station established August 2008;
  • Radio Liechtenstein operates multiple radio stations;
  • a Swiss-based broadcaster operates several radio stations in Liechtenstein (2008)

Internet users

23,000 (2009) country comparison to the world: 190

Transportation

4 fields

Networkskm

Roadways
380Railways
9Waterways
28 (2010)
Roadways: paved: 380 km (2012) · Railways: standard gauge: 9 km 1.435-m gauge (electrified) note: belongs to the Austrian Railway System connecting Austria and Switzerland (2008)

Pipelines

gas 20 km (2013)

Railways

total:
9 km

country comparison to the world: 134

standard gauge:
9 km 1.435-m gauge (electrified)

note: belongs to the Austrian Railway System connecting Austria and Switzerland (2008)

Roadways

total:
380 km

country comparison to the world: 201

paved:
380 km (2012)

Military

No regular military forces; National Police maintains close relations with neighboring forces (2013)

5 fields

Military branches

no regular military forces; National Police maintains close relations with neighboring forces (2013)

Manpower available for military service

males age 16-49: 8,009 (2010 est.)

Manpower fit for military service

males age 16-49:
6,538
females age 16-49:
6,746 (2010 est.)

Military - note

Liechtenstein has no military forces, but the modern National Police maintains close relations with neighboring forces. (2013)

Transnational Issues

3 fields

Illicit drugs

has strengthened money laundering controls, but money laundering remains a concern due to Liechtenstein's sophisticated offshore financial services sector

Cite this entry

Central Intelligence Agency. “Liechtenstein.” The World Factbook 2014. Archived by The Factbook, thefactbook.org/liechtenstein/2014.