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Liechtenstein | |
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Travel
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Liechtenstein Travel Guide:Facts on Liechtenstein |
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| History Geography People Economy Communications Transportation | ||
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Map of Liechtenstein and its major cities
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| History | Top of Page | |
| The Principality of Liechtenstein was established within the Holy Roman Empire in 1719; it became a sovereign state in 1806. 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. However, shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering. However, Liechtenstein implemented anti-money-laundering legislation over the past several years and a Mutual Legal Assistance Treaty with the US went into effect in 2003. | ||
| Geography | Top of Page | |
| Location | Central Europe, between Austria and Switzerland | |
| Geographic Coordinates | 47 16 N, 9 32 E | |
| Area |
Total: 160.5 sq km Water: 0 sq km Land: 160 sq km |
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| Area - Comparative | About 0.9 times the size of Washington, DC | |
| Land Boundaries |
Total: 77.9 km Border countries: Austria , Switzerland |
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| Coastline | 0 km (landlocked) | |
| 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: Grauspitz 2,599 m |
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| Natural Resources | Hydroelectric potential, arable land | |
| Geography Note | Along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation | |
| Natural hazards | NA | |
| People | Top of Page | |
| Population | 33,987 (July 2006 est.) | |
| Age Structure |
0-14 years: 17.4% (male 2,922; female2,988) 15-64 years: 70.2% (male 11,842; female 12,022) 65 years and over: 12.4% (male 1,733; female 2,440) (2006 est.) |
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| Nationality |
Noun: Liechtensteiner(s) Adjective: Liechtenstein |
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| Ethnic Groups | Alemannic 86%, Italian, Turkish, and other 14% | |
| Religions | Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) | |
| Language | German (official), Alemannic dialect | |
| Literacy |
Definition: age 10 and over can read and write Total population: 100% |
| Government | Top of Page | |
| Country Name |
Conventional long form: Principality of Liechtenstein Conventional short form: Liechtenstein Local short form: Liechtenstein Local long form: Fuerstentum Liechtenstein |
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| Government Type | Hereditary constitutional monarchy on a democratic and parliamentary basis | |
| Capital | Vaduz | |
| Administrative Divisions | 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz | |
| Independence | 23 January 1719 Imperial Principality of Liechtenstein established; 12 July 1806 established independence from the Holy Roman Empire | |
| Flag Description | Two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band | |
| Economy | Top of Page | |
| 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 living standards on a par with its large European neighbors. 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 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. 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. | |
| Currency | Swiss franc | |
| Currency Code | CHF | |
| Communications | Top of Page | |
| Telephone System | General assessment: automatic telephone system | |
| Internet Country Code | .li | |
| Transportation | Top of Page | |
| Railways | 9 km 1.435-m gauge (electrified) | |
| Highways | Paved: 380 km | |
| Waterways | 28 km | |
| Ports and Harbors | None | |
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