shof; Superior Court
or Obergericht
Political parties and leaders: Fatherland Union or VU [Heinz FROMMELT];
Progressive Citizens' Party or FBP [Johannes MATT]; The Free List or FL
[Dr. Pepo FRICK, Karin JENNY, Rene HASLER]
Political pressure groups and leaders: NA
International organization participation: CE, EBRD, ECE, EFTA, IAEA,
ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL,
WHO (observer), WIPO, WTrO
Diplomatic representation in the US: chief of mission: Ambassador
Claudia FRITSCHE chancery: 633 Third Avenue, 27th floor, New York,
NY 10017 telephone: [1] (212) 599-0220 FAX: [1] (212) 599-0064
Diplomatic representation from the US: the US does not have an embassy
in Liechtenstein, but the US Ambassador to Switzerland is also accredited
to Liechtenstein
Flag description: two equal horizontal bands of blue (top) and red with
a gold crown on the hoist side of the blue band
Economy Liechtenstein
Economy - 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 the urban areas of its large European
neighbors. Low business taxes - the maximum tax rate is 18% - and easy
incorporation rules have induced 73,700 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 European Free Trade Association (EFTA) and EU) since
May 1995. The government is working to harmonize its economic policies
with those of an integrated Europe.
GDP: purchasing power parity - $730 million (1998 est.)
GDP - real growth rate: NA%
GDP - per capita: purchasing power parity - $23,000 (1998 est.)
GDP - composition by sector: agriculture: NA% industry: NA% services: NA%
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 1% (2001)
Labor force: 22,891 of which 13,847 are foreigners; 8,231 commute from
Austria and Switzerland to work each day
Labor force - by occupation: ind
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