Liechtenstein (capital Vaduz)
National Anthem: "High above the Young Rhine"
High above the young Rhine is Liechtenstein,
resting on Alpine heights. This beloved homeland,
this dear fatherland was chosen for us by God.
Long live Liechtenstein, blossoming on the young Rhine, happy and faithful! Long live the Prince of the Land.
Long live our fatherland.
World Factbook: "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."
Country Comparisons: chart
Zero. "That's right; Liechtenstein doesn't owe anyone cash."
GDP growth rate
Labor force in agriculture
Wheat, barley, corn, potatoes; livestock, dairy products
2010: exports $3.325 billion, imports $1.182 billion
small specialty machinery, connectos for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products.
Liechtenstein is in the Alps as benefits economically as a winter sports destination.
Its currency is the Swiss franc. Like Switzerland, it's not a member of the European Union.
Living in an urban area
2010: 14% total population
2000 census: Liechtensteiner 65.6%, other 34.4%
2002: Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2%
Literacy (10 or older): 100%
Located in the Alps, between Austria and Switzerland. In area 160 square miles, nine-tenths the size of Washington DC.
Chief of state: Hans-Adam II (prince, House of Liechtenstein) since 13 Novemnmber 1989. Head of government: Klaus Tschütscher (prime minister) since 25 March 2009, Patriotic Union (center-right).
Liechtenstein is a constitutional monarchy, with a unicameral parliament having 25 members elected by popular vote to four-year terms.
1866: The Germanic Confederation is dissolved and Lichtenstein becomes fully independent. With Austria's economic devastation caused by World War I, Liechtenstein ends its close tie to Austria and enters into a a customs and monetary union with Switzerland. Liechtenstein was neutral during World War II (as was Switzerland).
Copyright © 2009-2011 by Frank E. Smitha. All rights reserved.