Liechtenstein

Principality of LiechtensteinFuerstentum Liechtenstein

constitutional monarchy

Liechtenstein as the 2020 edition of the CIA World Factbook published it: 114 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
39,137 people July 2020 est. · 28,292 in 1990
Population growth% a year
0.75% 2020 est. · 1.32% in 1993
Median ageyears
43.7 years 2020 est. · 38.3 yrs in 2003
Life expectancyyears at birth
82.2 years 2020 est. · 77.29 yrs in 1993
Fertility ratechildren per woman
1.69 children per woman 2020 est. · 1.5 in 1990
Infant mortalitydeaths per 1,000 live births
4.2 deaths per 1,000 live births 2020 est. · 5 in 1990
GDP per capitaeach edition's own dollars
$139,100 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 German 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

19 fields
Area
160sq km
land: 160 sq kmwater: 0 sq kmabout 0.9 times the size of Washington, DC
Coastline
0km
(doubly landlocked)Maritime claims: none (landlocked)
Land boundaries
75km
border countries (2): Austria 34 km, Switzerland 41 km
Irrigated land
0sq km
(2012)

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

lowest point:
Ruggeller Riet 430 m
highest point:
Vorder-Grauspitz 2,599 m

Natural resources

hydroelectric potential, arable land

Land use

agricultural land:
37.6% (2011 est.)
arable land:
18.8% (2011 est.) / permanent crops: 0% (2011 est.) / permanent pasture: 18.8% (2011 est.)
forest:
43.1% (2011 est.)
other:
19.3% (2011 est.)

Population distribution

most of the population is found in the western half of the country along the Rhine River

Natural hazards

avalanches, landslides

Environment - current issues

some air pollution generated locally, some transfered from surrounding countries

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

26 fields

Age structuremale left, female right · (2020 est.)

3,403
65 and over18.88%
3,986
2,711
55-6414.41%
2,930
7,869
25-5440.22%
7,872
2,238
15-2411.29%
2,181
3,259
0-1415.2%
2,688
MaleFemale
Population
39,137
(July 2020 est.)note: immigrants make up 65% of the total population, according to UN data (2017)growth rate: 0.75% (2020 est.)

Per 1,000 population(2020 est.)

Birth
10.4Death
7.8Net migration
4.9

Male · female

TotalMale · femaleLife expectancy years (2020 est.)82.2
79.9 · 85Infant mortality deaths/1,000 live births (2020 est.)4.2
4.5 · 3.8
TotalMale · femaleMedian age years (2020 est.)43.7
42 · 45.3School life expectancy years (2018)15
16 · 14
MaleFemale

Ethnic groups(2017 est.)

Liechtensteiner 66%Swiss 9.6%Austrian 5.8%German 4.3%Italian 3.1%other 11.2% (2017 est.)note: data represent population by nationality
Urban population
14.4%of total population
(2020)rate of urbanization: 0.81% annual rate of change (2015-20 est.)Major urban areas - population: 5,000 VADUZ (capital) (2018)

Nationality

noun:
Liechtensteiner(s)
adjective:
Liechtenstein

Languages

German 91.5% (official) (Alemannic is the main dialect), Italian 1.5%, Turkish 1.3%, Portuguese 1.1%, other 4.6% (2015 est.)

Religions

Roman Catholic (official) 73.4%, Protestant Reformed 6.3%, Muslim 5.9%, Christian Orthodox 1.3%, Lutheran 1.2%, other Protestant .7%, other Christian .3%, other .8%, none 7%, unspecified 3.3% (2015 est.)

Population distribution

most of the population is found in the western half of the country along the Rhine River

Sex ratio

at birth:
1.26 male(s)/female
0-14 years:
1.21 male(s)/female
15-24 years:
1.03 male(s)/female
25-54 years:
1 male(s)/female
55-64 years:
0.93 male(s)/female
65 years and over:
0.85 male(s)/female
total population:
0.99 male(s)/female (2020 est.)

Total fertility rate

1.69 children born/woman (2020 est.)

Drinking water source

improved:
total: 100% of population
unimproved:
total: 0% of population (2017 est.)

Sanitation facility access

improved:
total: 98% of population
unimproved:
total: 0% of population (2017)

Education expenditures

2.6% of GDP (2011)

Government

Constitutional monarchy; Prince HANS-ADAM II (since 13 November 1989, assumed executive powers on 26 August 1984); Prime Minister Adrian HASLER (since 27 March 2013)

21 fields

Presidential electionpercent of vote

35.2%
FBP 35.2%VU 33.7%DU FL 12.6% 18.4%last held on 5 February 2017 (next to be held on 7 February 2021)

Parliament or Landtag, 25 seats, elected 5 February 2017one dot, one seat

FBP 9VU 8DU 5FL 3

Percent of vote

FBP 35.2%VU 33.7%DU FL 12.6% 18.4%

Composition: men 22, women 3, percent of women 12%

Country name

conventional long form:
Principality of Liechtenstein
conventional short form:
Liechtenstein
local long form:
Fuerstentum Liechtenstein
local short form:
Liechtenstein
etymology:
  • named after the Liechtenstein dynasty that purchased and united the counties of Schellenburg and Vaduz and that was allowed by the Holy Roman Emperor in 1719 to rename the new property after their family;
  • the name in German means "light (bright) stone"

Government type

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
etymology:
may be a conflation from the Latin "vallis" (valley) and the High German "diutisk" (meaning "German") to produce "Valdutsch" (German valley), which over time simplified and came to refer specifically to Vaduz, the town

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

  • National Day, 15 August (1940);
  • note - a National Day was originally established in 1940 to combine celebrations for the Feast of the Assumption (15 August) with those honoring the birthday of former Prince FRANZ JOSEF II (1906-1989) whose birth fell on 16 August;
  • after the prince's death, National Day became the official national holiday by law in 1990

Constitution

history:
previous 1862; latest adopted 5 October 1921
amendments:
  • proposed by Parliament, by the reigning prince (in the form of "Government" proposals), by petition of at least 1,500 qualified voters, or by at least four communes;
  • passage requires unanimous approval of Parliament members in one sitting or three-quarters majority vote in two successive sittings;
  • referendum required only if petitioned by at least 1,500 voters or by at least four communes;
  • passage by referendum requires absolute majority of votes cast;
  • amended many times, last in 2018(2019)

International law organization participation

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

Citizenship

citizenship by birth:
no
citizenship by descent only:
the father must be a citizen of Liechtenstein; in the case of a child born out of wedlock, the mother must be a citizen
dual citizenship recognized:
no
residency requirement for naturalization:
5 years

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 and Regent of Liechtenstein Prince ALOIS (son of the monarch, born 11 June 1968);
  • note - 15 August 2004, HANS-ADAM II transferred the official duties of the ruling prince to ALOIS, but HANS-ADAM II retains status of chief of state
head of government:
Prime Minister Adrian HASLER (since 27 March 2013)
cabinet:
Cabinet elected by the Parliament, confirmed by the monarch
elections/appointments:
the monarchy is hereditary; following legislative elections, the leader of the majority party in the Parliament 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

description:
unicameral Parliament or Landtag (25 seats; members directly elected in 2 multi-seat constituencies by proportional representation vote to serve 4-year terms)
elections:
last held on 5 February 2017 (next to be held on 7 February 2021)
election results:
  • percent of vote by party - FBP 35.2%, VU 33.7%, DU 18.4% FL 12.6%;
  • seats by party - FBP 9, VU 8, DU 5, FL 3;
  • composition - men 22, women 3, percent of women 12%

Judicial branch

highest courts:
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 judges appointed for renewable 5-year terms
subordinate courts:
Court of Appeal or Obergericht (second instance), Court of Justice (first instance), Administrative Court, county courts

Political parties and leaders

  • Fatherland Union (Vaterlaendische Union) or VU [Guenther FRITZ]
  • Progressive Citizens' Party (Fortschrittliche Buergerpartei) or FBP [Thomas BANZER]
  • The Free List (Die Freie Liste) or FL [Pepo FRICK and Conny BUECHEL BRUEHWILER]
  • The Independents (Die Unabhaengigen) or DU [Harry QUADERER]

International organization participation

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

Diplomatic representation in the US

chief of mission:
Ambassador Kurt JAEGER (since 16 September 2016)
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 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 symbol(s)

princely hat (crown); national colors: blue, red

National anthem

name:
"Oben am jungen Rhein" (High Above the Young Rhine)
lyrics/music:
Jakob Joseph JAUCH/Josef FROMMELT

note: adopted 1850, revised 1963; uses the tune of "God Save the Queen"

Economy

27 fields
GDP, purchasing power parity
$4.978billion
(2014 est.) · $3.2 billion (2009 est.) · $3.216 billion (2008 est.)official exchange rate: $6.672 billion (2014 est.)
GDP per capita, PPP
$139,100
(2009 est.) · $90,100 (2008 est.) · $91,300 (2007 est.)
Real growth rate
1.8%
(2012 est.) · -0.5% (2011 est.) · 3.1% (2007 est.)industrial production growth: NA
Inflation, consumer prices
-0.4%
(2016 est.) · -0.2% (2013)

GDP - composition, by sector of origin(2014)

agriculture 7% (2014)industry 41% (2014)services 52% (2014)

Budget

Revenues
995.3 million (2012 est.)Expenditures
890.4 million (2011 est.)

Economic overview

Despite its small size and lack of natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial services sector and one of the highest per capita income levels in the world. The Liechtenstein economy is widely diversified with a large number of small and medium-sized businesses, particularly in the services sector.

Low business taxes - a flat tax of 12.5% on income is applied - 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 and the EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated EU. As of 2015, 54% of Liechtenstein’s workforce consisted of cross-border commuters, largely from Austria, Germany, and Switzerland.

Since 2008, Liechtenstein has faced renewed international pressure - particularly from Germany and the US - 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. In 2015, Liechtenstein and the EU agreed to clamp down on tax fraud and evasion and in 2018 will start automatically exchanging information on the bank accounts of each other’s residents.

Credit ratings

Standard & Poors rating: AAA (1996)

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

38,520 (2012) (2015 est.) note: 51% of the labor force in Liechtenstein commute daily from Austria, Switzerland, and Germany

Labor force - by occupation

agriculture:
0.8%
industry:
36.9%
services:
62.3% (2015)

Unemployment rate

2.4% (2015) · 2.4% (2014)

Taxes and other revenues

14.9% (of GDP) (2012 est.)

Budget surplus (+) or deficit (-)

1.6% (of GDP) (2012 est.)

Fiscal year

calendar year

Exports

$3.217 billion (2015 est.) · $3.774 billion (2014 est.) 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

NA (2015 est.) · $2.23 billion (2014 est.) 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 (2015 est.) note: public external debt only; private external debt unavailable

Exchange rates

Swiss francs (CHF) per US dollar - 0.9875 (2017 est.) · 0.9852 (2016 est.) · 0.9852 (2015 est.) · 0.9627 (2014 est.) · 0.9152 (2013 est.)

Energy

5 fields

Electrification% of population · (2020)

100%Total

Electricity

Electricity production
68.43 million (2015 est.)Electricity consumption
393.6 million (2015 est.)Electricity imports
325.2 million (2015 est.)

Communications

7 fields

Per 100 inhabitants(2018–19 est.)

127.06Mobile cellular
98.1%Internet users, % of population
36.91Fixed lines
43Fixed broadband
Mobile cellular
49,355
(2019 est.)
Internet users
37,815
(July 2018 est.)
Fixed lines
14,337
(2019 est.)
Fixed broadband
16,712
(2018 est.) · country code .li

Telecommunication systems

general assessment:
  • automatic telephone system;
  • 44 Internet service providers in Liechtenstein and Switzerland combined;
  • FttP (fiber to the home) penetration marketed 3rd highest in EU;
  • fiber network reaches 3/4 of the population (2020)
domestic:
fixed-line 37 per 100 and mobile-cellular services 127 per 100 (2019)
international:
country code - 423; linked to Swiss networks by cable and microwave radio relay

note: the COVID-19 outbreak is negatively impacting telecommunications production and supply chains globally; consumer spending on telecom devices and services has also slowed due to the pandemic's effect on economies worldwide;

overall progress towards improvements in all facets of the telecom industry - mobile, fixed-line, broadband, submarine cable and satellite - has moderated

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 one radio station in Liechtenstein

Transportation

5 fields

Networkskm

Roadways
630 (2019)Railways
9 (2018)Waterways
28 (2010)Pipelines
434.5 (2018)
Railways: standard gauge: 9 km 1.435-m gauge (electrified) (2018) note: belongs to the Austrian Railway System connecting Austria and Switzerland

Railways

total:
9 km (2018)
standard gauge:
9 km 1.435-m gauge (electrified) (2018)

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

Military and Security

No regular military forces; National Police maintain close relations with neighboring forces (2019)

1 field

Military and security forces

no regular military forces; National Police maintain close relations with neighboring forces (2019)

Transnational Issues

2 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 2020. Archived by The Factbook, thefactbook.org/liechtenstein/2020.