| People | Liechtenstein |
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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. |
GDP (purchasing power parity):
 | $1.786 billion (2001 est.) |
GDP (official exchange rate):
 | $36.33 billion (2007 est.) |
GDP - real growth rate:
 | 11% (1999 est.) |
GDP - per capita (PPP):
 | $25,000 (1999 est.) |
GDP - composition by sector:
 | agriculture: 6% industry: 39% services: 55% (2001) |
Investment (gross fixed):
 | void |
Population below poverty line:
 | NA% |
Household income or consumption by percentage share:
 | lowest 10%: NA% highest 10%: NA% |
Distribution of family income - Gini index:
 | void |
Inflation rate (consumer prices):
 | 1% (2001) |
Labor force:
 | 29,500 of whom 13,900 commute from Austria, Switzerland, and Germany to work each day (31 December 2001) |
Labor force participation rate:
 | 85.51 % of population |
Labor force - by occupation:
 | agriculture: 2% industry: 47% services: 51% (31 December 2001) |
Unemployment rate:
 | 1.3% (September 2002) |
Budget:
 | revenues: $424.2 million expenditures: $414.1 million (1998 est.) |
Budget revenues per capita:
 | 12,297 USD per capita |
Public debt:
 | void |
Industries:
 | electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments |
Industrial production growth rate:
 | NA% |
Electricity - production:
 | void |
Electricity - production per capita:
 | void |
Electricity - consumption:
 | void |
Electricity - consumption - per capita:
 | void |
Electricity - exports:
 | void |
Electricity - imports:
 | void |
Oil - production:
 | void |
Oil - production per capita:
 | void |
Oil - consumption:
 | void |
Oil - consumption - per capita:
 | void |
Oil - exports:
 | void |
Oil - imports:
 | void |
Oil - proved reserves:
 | void |
Natural gas - production:
 | void |
Natural gas - production per capita:
 | void |
Natural gas - consumption:
 | void |
Natural gas - consumption - per capita:
 | void |
Natural gas - exports:
 | void |
Natural gas - imports:
 | void |
Natural gas - proved reserves:
 | void |
Agriculture - products:
 | wheat, barley, corn, potatoes; livestock, dairy products |
Current account balance:
 | void |
Current account balance - per capita:
 | void |
Exports:
 | $2.47 billion (1996) |
Exports per capita:
 | 71,599 USD per capita |
Exports - commodities:
 | small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products |
Exports - partners:
 | EU 62.6% (Germany 24.3%, Austria 9.5%, France 8.9%, Italy 6.6%, UK 4.6%), US 18.9%, Switzerland 15.7% (2006) |
Imports:
 | $917.3 million (1996) |
Imports per capita:
 | 26,590 USD per capita |
Imports - commodities:
 | agricultural products, raw materials, energy products, machinery, metal goods, textiles, foodstuffs, motor vehicles |
Imports - partners:
 | EU, Switzerland (2006) |
Reserves of foreign exchange and gold:
 | void |
Reserves of foreign exchange and gold - per capita:
 | void |
Debt - external:
 | $0 (2001) |
Debt - external - per capita:
 | void |
Stock of direct foreign investment - at home:
 | void |
Stock of direct foreign investment - abroad:
 | void |
Market value of publicly traded shares:
 | $NA |
Economic aid - donor:
 | void |
Economic aid - recipient:
 | void |
Economic aid - recipient per capita:
 | void |
Currency (code):
 | Swiss franc (CHF) |
Exchange rates:
 | Swiss francs per US dollar - 1.1973 (2007), 1.2539 (2006), 1.2452 (2005), 1.2435 (2004), 1.3467 (2003) |
Fiscal year:
 | calendar year |
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