Market Research In Liechtenstein

Liechtenstein Profile:

  • Liechtenstein, officially the Principality of Liechtenstein is a doubly landlocked German-speaking microstate in Central Europe.
  • Liechtenstein is one of the few countries in the world with more registered companies than citizens and has developed a prosperous, highly industrialized free-enterprise economy and boasts a financial service sector.
  • The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency.
  • Liechtenstein has been known in the past as a billionaire tax haven; however, it is no longer on any blacklists of uncooperative tax haven countries.
  • Liechtenstein is a member of the United Nations, European Free Trade Association, and the Council of Europe.

Liechtenstein Economy:

  • Despite its small size and lack of natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and the third highest per capita income in the world, after Qatar and Luxembourg.
  • The Liechtenstein economy is widely diversified with a large number of small businesses. Tourism accounts for a large portion of the country’s economy.
  • Liechtenstein produces wheat, barley, corn, potatoes, dairy products, livestock, and wine.
  • The unemployment rate is one of the lowest in the world at 1.5%. The most recognizable international company and largest employer is Hilti.
  • The government is working to harmonize its economic policies with those of an integrated Europe.

Liechtenstein Facts:

  • Population: 38,244
  • Capital: Vaduz
  • Largest city: Schaan
  • Area: 160 sq km
  • Major language: German 94.5% (official), Italian 1.1%, other 4.3%
  • Major religion: Roman Catholic (official) 75.9%, Protestant Reformed 6.5%, Muslim 5.4%, Lutheran 1.3%, other 2.9%
  • Life expectancy: 79.7 years (Male), 84.7 years (Female)
  • Monetary unit: 1 Swiss Franc (SwFr, CHF) = 100 Centimes
  • Main exports: Small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products
  • GNI per Capita: $98,432

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