Liechtenstein facts and figures

Liechtenstein

The Principality of Liechtenstein was established within the Holy Roman Empire in 1719; it became a sovereign state in 1806. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral), the country’s low taxes have spurred outstanding economic growth. However, shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering.

Location:
Central Europe, between Austria and Switzerland

Area:

total: 160 sq km

water: 0 sq km

land: 160 sq km

Land boundaries:

total: 76 km

border countries: Austria 34.9 km, Switzerland 41.1 km

Climate:

continental; cold, cloudy winters with frequent snow or rain; cool to moderately
warm, cloudy, humid summers

Terrain:

mostly mountainous (Alps) with Rhine Valley in western third

Land use:

arable land: 25%

permanent crops: 0%

other: 75% (1998 est.)

Population:

33,145 (July 2003 est.)

Nationality:

noun: Liechtensteiner(s)

adjective: Liechtenstein

Languages:

German (official), Alemannic dialect