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   Liechtenstein Country Guide


Liechtenstein Country Guide The Principality of Liechtenstein was established within the Holy Roman Empire in 1719. Occupied by both French and Russian troops during the Napoleanic 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 went into effect in 2003.

Liechtenstein Full Name: Principality of Liechtenstein
Area: 160 sq km (land: 160 sq km, water: 0 sq km)
Population: 37,937 (July 2016 est.)
Capital City: Vaduz


People: Liechtensteiner 66.3%, other 33.7% (2013 est.)
Language: German 94.5% (official) (Alemannic is the main dialect), Italian 1.1%, other 4.3% (2010 est.)
Religion: 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.)

Government Type: Constitutional Monarchy
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)

GDP: $US 3.2 billion (2009 est.)
GDP per Capita: $US 89,400 (2009 est.)
Inflation: -0.2% (2013)
Unemployment: 3.4% (2014)
Industries: Electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments
Currency: Swiss franc (CHF)

Member of EU: No




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Info provided by the CIA World Factbook
Updated 2/2017
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