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Europe > Liechtenstein > Economy

LIECHTENSTEIN ECONOMY STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Agriculture > products
wheat, barley, corn, potatoes; livestock, dairy products
Budget > Expenditures $414,100,000.00 [171st of 221]
    (per capita) $12,143.69 per capita ... [10th of 197]
Budget > Revenues $424,200,000.00 [163rd of 223]
Currency Swiss franc
Currency code CHF
Debt > External 0 [198th of 198]
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 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.
European countries by GDP per capita > GDP Per Capita $25,000.00 [19th of 44]
Exchange rates
Swiss francs per US dollar - 1.2435 (2004), 1.3467 (2003), 1.5586 (2002), 1.6876 (2001), 1.6888 (2000)
Exchange rates > 2001 1.6876 [170th of 214]
Exchange rates > 2002 1.5586 [172nd of 214]
Exchange rates > 2003 1.3467 [173rd of 213]
Exchange rates > 2004 1.2435 [173rd of 211]
Exchange rates > 2005 1.2452 [173rd of 212]
Exchange rates > Recent years
Swiss francs per US dollar - 1.2452 (2005), 1.2435 (2004), 1.3467 (2003), 1.5586 (2002), 1.6876 (2001)
Exchange rates to USD > 2002 1.5586
Exchange rates to USD > 2003 1.3467
Exchange rates to USD > 2004 1.2435
Exchange rates to USD > 2005 1.2452

... View all Economy stats

SOURCES: CIA World Factbook, 28 July 2005; CIA World Factbook, 14 June, 2007 ; CIA World Factbook; Wikipedia: List of European countries by GDP per capita ; CIA World Factbook, 22 August 2006

ALTERNATIVE NAMES: Liechtenstein, Principality of Liechtenstein, Fuerstentum Liechtenstein

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