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