Liechtenstein [+]Compare [E]dit [H]istory

Aliases: Fuerstentum Liechtenstein, Principality of Liechtenstein

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Object «Liechtenstein» has attributes

Attribute Value
Geography
Area 160 km²
Continent Europe
Land area 160 km²
Water area 0 km²
Land boundaries 75 km
Border countries
  • Austria
  • Switzerland
Coastline 0 km
Mean elevation Add
Lowest point 430 m
Highest point 2,599 m
People
Population 39,137
Official languages
  • German
Religion Roman Catholic
Government
Long country name Principality of Liechtenstein
Short country name Liechtenstein
Long local name Fuerstentum Liechtenstein
Short local name Liechtenstein
Former name Add
Government type Constitutional monarchy
Capital Vaduz
Economy
GDP (PPP) 4,978,000,000 USD
GDP (OER) 6,672,000,000 USD
GDP (real growth rate) 1.8 %
GDP - per capita (PPP) 139,100 USD
Gross national saving Add
Labor force 38,520
Unemployment rate 2.4 %
Population below poverty line Add
Budget revenues 995,300,000 USD
Budget expenditures 890,400,000 USD
Military expenditures Add
Taxes and other revenues 14.9 % of GDP
Budget surplus or deficit 1.6 % of GDP
Public debt Add
Inflation rate -0.4 %
Central bank discount rate Add
Commercial bank prime lending rate Add
Stock of narrow money Add
Stock of broad money Add
Stock of domestic credit Add
Market value of publicly traded shares Add
Current account balance Add
Exports 3,217,000,000 USD
Imports 0 USD
Reserves of foreign exchange and gold Add
External debt 0 USD
National currency Swiss francs
National currency (code) CHF
National currency (symbol) CHF
National currency rate to USD 0.9875

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.

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There was one edit, no edits waiting approval. Last edited by wilkinson.michael(9581), Sep 16, 2019 (49 fields were changed)
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