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001) election results: percent of vote by party--VU 50.1%, FBPL 41.3%, FL 8.5%; seats by party - VU 13, FBPL 10, FL 2 Judicial branch: Supreme Court or Oberster Gerichtshof; Superior Court or Obergericht Political parties and leaders: Fatherland Union or VU [Dr. Oswald International organization participation: CE, EBRD, ECE, EFTA, IAEA, ICRM, IFRCS, Intelsat, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTrO Diplomatic representation in the US: Liechtenstein does not have an embassy in the US, but is represented by the Swiss embassy in routine diplomatic matters 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 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 about 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 is 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): 0.5% (1997 est.) 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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