Liechtenstein lies on the east bank of the Rhine River, between Austria and Switzerland.
Its total area is 160 square kilometres.
30,281 (July, 1994 estimate)
German (official), Alemannic dialect
Liechtenstein's government is a hereditary constitutional monarchy.
Liechtenstein's legal system is based on local civil and penal codes. It accepts
compulsory ICJ jurisdiction, with reservations.
Liechtenstein has a limited, but sufficient automatic telephone system. It is
linked to Swiss networks by cable and radio relay for international telephone,
radio and TV services.
The prosperous economy is based primarily on small-scale light industry and tourism.
Industry accounts for 53% of total employment, the service sector 45% (mostly based on
tourism) and agriculture and forestry 2%. The sale of postage stamps to collectors is
estimated at $10 million annually. Low business taxes (the maximum tax rate is 20%)
and easy incorporation rules have induced about 25,000 holding or so-called letter box
companies to establish nominal offices in Liechtenstein. Such companies, incorporated
solely for tax purposes, provide 30% of state revenues. The economy is tied closely to
Switzerland's economy in a customs union, and incomes and living standards parallel
those of the more prosperous Swiss.
Liechtenstein's main industries are electronics, metal manufacturing, textiles, ceramics,
pharmaceuticals, food products, precision instruments and tourism.
1 Swiss franc, franken, or franco (SwF) = 100 centimes, rappen, or centesimi
Swiss francs, franken, or franchi (SwF) per US$1 - 1.4715 (January, 1994)
Hotels And Resorts In Liechtenstein
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