US--the US has no diplomatic or consular mission in Liechtenstein,
but the US Consul General at Zurich (Switzerland) has consular
accreditation at Vaduz
_#_Flag: two equal horizontal bands of blue (top) and red with a
gold crown on the hoist side of the blue band
_*_Economy
_#_Overview: The prosperous economy is based primarily on small-scale
light industry and tourism. Industry accounts for 54% of total
employment, the service sector 42% (mostly based on tourism), and
agriculture and forestry 4%. The sale of postage stamps to collectors is
estimated at $10 million annually. Low business taxes (the maximum tax
rate is 20%) and easy incorporation rules have induced about 25,000
holding or so-called letter box companies to establish nominal offices in
Liechtenstein. Such companies, incorporated solely for tax purposes,
provide 30% of state revenues. The economy is tied closely to that of
Switzerland in a customs union, and incomes and living standards parallel
those of the more prosperous Swiss groups.
_#_GDP: $630 million, per capita $22,300; real growth rate NA% (1990
est.)
_#_Inflation rate (consumer prices): 3.0% (1989 est.)
_#_Unemployment rate: 0.1% (December 1986)
_#_Budget: revenues $240 million; expenditures $197 million, including
capital expenditures of NA (1988)
_#_Exports: $1.28 billion (1988);
commodities--small specialty machinery, dental products, stamps,
hardware, pottery;
partners--EC 40%, EFTA 22% (Switzerland 18%) (1988)
_#_Imports: $NA;
commodities--machinery, metal goods, textiles, foodstuffs, motor
vehicles;
partners--NA
_#_External debt: $NA
_#_Industrial production: growth rate NA%
_#_Electricity: 23,000 kW capacity; 150 million kWh produced,
5,340 kWh per capita (1989)
_#_Industries: electronics, metal manufacturing, textiles, ceramics,
pharmaceuticals, food products, precision instruments, tourism
_#_Agriculture: livestock, vegetables, corn, wheat, potatoes, grapes
_#_Economic aid: none
_#_Currency: Swiss franc, franken, or franco (plural--francs, franken,
or franchi); 1 Swiss franc, franken, or franco (SwF) = 100 centimes,
rappen, or centesimi
_#_Exchange rates: Swiss francs, franken, or franchi (SwF) per
US$1--1.2724 (January 1991), 1.3892 (1990), 1.6359 (1989), 1.4633 (1988),
1.4912 (1987), 1.7989 (1986), 2.4571 (1985)
_#_Fiscal year: calendar year
_*_Communications
_#_Railroads: 18.5 km 1.435-meter stan
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