Facts and Figures 2017 - Fürstentum Liechtenstein · 2018-11-14 · 5 Facts and figures Facts and...

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Facts and Figures 2017 Liechtenstein

Transcript of Facts and Figures 2017 - Fürstentum Liechtenstein · 2018-11-14 · 5 Facts and figures Facts and...

Page 1: Facts and Figures 2017 - Fürstentum Liechtenstein · 2018-11-14 · 5 Facts and figures Facts and Figures 2017 | © Liechtenstein Marketing ͟Liechtenstein is the sixth smallest

Facts and Figures 2017 Liechtenstein

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Contents

Geography and climate

History, constitution and population

Economy, employment and income

Agriculture, industry and services

Transport, energy and public finance

2018 Facts and Figures 2017 | © Liechtenstein Marketing

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Geographical situation

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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Location and area

Facts and Figures 2017 | © Liechtenstein Marketing

Total area 160 km2

Wooded area 67 km2

Agricultural area 52 km2

Unproductive area 24 km2

Settlement area 18 km2

2018

Source: Office of Statistics

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Facts and figures

Facts and Figures 2017 | © Liechtenstein Marketing

Liechtenstein is the sixth smallest country in the world

Liechtenstein is 24.8 km long and a maximum of 12.4 km wide

Highest mountain: Grauspitz (2’599 metres)

Lowest point: Ruggeller Riet (430 metres)

Frontiers: 41.2 km with Switzerland; 36.7 km with Austria

2018

Source: Office of Statistics

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Climate

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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Climate

Facts and Figures 2017 | © Liechtenstein Marketing

Mild, despite mountainous location

Strongly influenced by the föhn (a

warm, dry katabatic wind)

900 to 1’200 mm (1’900 mm in Alpine

region) precipitation per year

Temperatures: -10 to 28°C

2018

Source: Office of Statistics

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History and constitution

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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From foundation to sovereignty

Facts and Figures 2017 | © Liechtenstein Marketing

1342 Foundation of the earldom of Vaduz

1699, 1712 Prince Johann Adam Andreas (Hans Adam I.) purchases the domain

of Schellenberg and the earldom of Vaduz

1719 Vaduz and Schellenberg become the Imperial Principality of

Liechtenstein

1806 Inclusion in the Confederation of the Rhine: Liechtenstein becomes a

sovereign state

2018

Source: Office of Statistics

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Constitution, treaties, memberships

Facts and Figures 2017 | © Liechtenstein Marketing

1862 New constitution, parliament

created to represent the

people

1924 Customs Treaty with

Switzerland, Swiss franc

introduced as official currency

1990 160th UN member state

1991 Member of the EFTA

1995 Accession to the EEA and WTO

2018

Source: Office of Statistics

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State information

Facts and Figures 2017 | © Liechtenstein Marketing

Form of state

Constitutional hereditary monarchy on a democratic and parliamentary basis

Head of state

His Serene Highness Prince Hans-Adam II von und zu Liechtenstein; on 15 August

2004, Prince Hans-Adam II entrusted Hereditary Prince Alois to exercise his

sovereign powers as his representative

Government

Five-member government nominated by parliament and appointed by the Prince for

four years

2018

Source: Office of Statistics

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Politics

Facts and Figures 2017 | © Liechtenstein Marketing

Parliament

25 members elected by the people for

four years

Political parties

Progressive Citizens’ Party

Patriotic Union

The Independents

Free List

2018

Source: Office of Statistics

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Courts

Facts and Figures 2017 | © Liechtenstein Marketing

Civil and criminal cases

• First instance: Landgericht

• Second instance: Obergericht

• Third and final instance: Oberster Gerichtshof

Public law

• Administrative Court

• Staatsgerichtshof

2018

Source: Office of Statistics

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Population

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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Population 2016

Facts and Figures 2017 | © Liechtenstein Marketing

37’810 inhabitants

11 municipalities, largest municipality

is Schaan (5’992 inhabitants)

Capital is Vaduz with 5’407 inhabitants

One third of the population are foreign

nationals (mainly from Switzerland,

Germany, Austria and Italy)

2018

0

10'000

20'000

30'000

40'000

191

1

192

1

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0

194

1

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0

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0

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80

199

0

200

0

201

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201

6Liechtensteiners Foreign nationals

Source: Office of Statistics

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Economy

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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Economy

Facts and Figures 2017 | © Liechtenstein Marketing

Highly diversified economy

Numerous small and medium-sized

enterprises

Strong industrial sector and financial

services

Swiss franc (CHF) has been the official

currency since 26 May 1924

2018

Source: Office of Statistics

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Gross domestic product (GDP) 2016

Facts and Figures 2017 | © Liechtenstein Marketing

BIP 2016: CHF 6,1 bln

Comparisons with other countries

based on GDP per inhabitant yield

misleading results since a large

proportion of the working population

commutes to Liechtenstein from

surrounding countries

GDP per working person is an

appropriate basis for comparisons

2018

1

2

3

4

5

6

in bn CHF

Source: Office of Statistics

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Gross value added in 2016

Facts and Figures 2017 | © Liechtenstein Marketing

Strong financial and services sector

(together 52 %)

Industry and goods production account

for 40 % of gross value added

2018

24 %

40 %

28 %

8 %

Financial servicesIndustry and manufacturingGeneral servicesFarming and households

Source: Office of Statistics

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Number of enterprises by sector in 2016

Facts and Figures 2017 | © Liechtenstein Marketing

2.3 % Agriculture

13.0 % Industry

84.7 % Services

2018

103 593

3’871

Sector 1: Agriculture

Sector 2: Industry

Sector 3: Services

Source: Office of Statistics

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Number of enterprises by size in 2016

Facts and Figures 2017 | © Liechtenstein Marketing

87.9 % micro-enterprises

9.7 % small enterprises

2.0 % medium-sized enterprises

0.4 % large enterprises

2018

4’025

438 87 17

1-9 employees

10-49 employees

50-249 employees

250 or more employees

Source: Office of Statistics

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Employment and income

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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Working population in 2016

Facts and Figures 2017 | © Liechtenstein Marketing

Strong growth in recent decades

Small size of country requires input of

labour from neighbouring countries

Around half of the people employed in

Liechtenstein do not live there

2018

Type of worker Number

Resident population in employment

(citizens and non-citizens)

19’214

Outward commuters 2’000

Inward commuters 20’239

Total employed 37’453

Of which foreign nationals (living in

Liechtenstein or abroad)

25’399

Source: Office of Statistics

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Proportion of inward commuters in 2016

Facts and Figures 2017 | © Liechtenstein Marketing

In 2016, 20’239 workers commuted to

Liechtenstein from other countries

2018

Source: Office of Statistics

53.5%

46.5%

Inward commuters Residents

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Inward commuters by residence in 2016

Facts and Figures 2017 | © Liechtenstein Marketing

More than half of inward commuters

live in Switzerland (54.3%)

More than 41 % of inward commuters

live in Austria

2018

Source: Office of Statistics

54.3%

1.0%

41.6%

3.1%

Switzerland Others

Austria Germany

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Proportion of foreign nationals in workforce in 2016

Facts and Figures 2017 | © Liechtenstein Marketing

More than two-thirds of jobs in

Liechtenstein are performed by foreign

nationals

2018

Source: Office of Statistics

30.6% 69.4%

Liechtensteiners

Foreign nationals

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Employment by economic sector, 2016

Facts and Figures 2017 | © Liechtenstein Marketing

285 people worked in agriculture

14,096 people worked in industry

22,374 people worked in the services

sector

2018

Source: Office of Statistics

0.7%

37.9% 61.4%

Sector 1: Agriculture

Sector 2: Industry

Sector 3: Services

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Unemployment rate at end of year, 2016

Facts and Figures 2017 | © Liechtenstein Marketing

Since 2006 the unemployment rate

has fluctuated at a low level (2.1 % to

3.3 %)

The unemployment rate was 2.1% in

2016

2018

Source: Office of Statistics

0.0 %

0.5 %

1.0 %

1.5 %

2.0 %

2.5 %

3.0 %

3.5 %

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Unemployment statistics 2016

Facts and Figures 2017 | © Liechtenstein Marketing

Unemployed persons are defined as

those who are registered at the Office

for Economic Affairs, without work and

able to take up employment

immediately

Job seekers are defined as all

unemployed persons as well as

persons who are registered at the

Office for Economic Affairs but are not

yet unemployed

2018

Source: Office of Statistics

0

200

400

600

800

1'000

Job seekers UnemployedVacancies

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Agriculture

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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Agriculture

Facts and Figures 2017 | © Liechtenstein Marketing

Agricultural land accounts for

21 % (without Alps) of the total area

About 55 dairy farms produce

13 million kg of milk each year

About a third of the 109 recognised

farms produce according to organic

labels

2018

Source: Office of Statistics

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Farms by size, 2016

Facts and Figures 2017 | © Liechtenstein Marketing

0

100

200

300

400

500

600

1980 1990 2000 2016

< 5 ha 5 - 10 ha

10 - 20 ha > 20 ha

Decrease since 1975

Major reduction in number of small

farms (< 5 ha)

Increase in number of large farms

(>20 ha)

Largest decrease between 1990 and

2000

2018

Source: Office of Statistics

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Industry

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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Industry

Facts and Figures 2017 | © Liechtenstein Marketing

Significant emphasis on industrial production

37 % of jobs provided by 584 industrial enterprises

Most important sectors: mechanical engineering, electrical machinery, dental

technology, food products and construction work

Heavily export-oriented (Switzerland, Germany, USA) due to small domestic market

2018

Source: Office of Statistics

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Direct exports and imports (in million CHF) 2016

Facts and Figures 2017 | © Liechtenstein Marketing

Trade with Switzerland is not included

in these figures

Significant drop in 2009, followed by a

recovery in 2010 and 2011

2018

0

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200

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1

201

2

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3

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6Direct exports Direct imports

Source: Office of Statistics

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Services

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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Services

Facts and Figures 2017 | © Liechtenstein Marketing

Around 60 % of employees work in the

services sector

Important branches: financial and

insurance services, legal and tax

consultancy, trade

2018

Source: Office of Statistics

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Banks 2016

Facts and Figures 2017 | © Liechtenstein Marketing 2018

Source: Office of Statistics

in mn CHF 2010 2012 2013 2014 2016

Nominal balance 52’466 55’902 57’082 63’354 59’924

Net profit 570 260 471 580 287

Number of employees in Liechtenstein 2’117 2’059 2’049 1’927 1977

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Domestic investment companies 2016

Facts and Figures 2017 | © Liechtenstein Marketing 2018

in bn CHF 2009 2010 2011 2012 2013 2014 2016

Net assets 37.3 37.7 35.4 37.2 38.4 46.2 46.0

Individual portfolios 618 693 785 791 779 735 695

Investment companies 411 469 535 557 549 532 490

Source: Office of Statistics

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Insurance companies 2016

Facts and Figures 2017 | © Liechtenstein Marketing 2018

in bn CHF 2009 2010 2011 2012 2013 2014 2016

Gross premiums written 8.8 9.4 4.8 4.2 3.5 3.5 3.5

Investment assets 29.4 29.6 29.1 30.3 29.7 29.1 26.5

Technical provisions 26.6 28.8 28.3 29.1 28.7 27.9 24.6

Equity 0.8 0.8 0.7 0.8 1.0 1.5 2.4

Number of companies 41 40 40 40 42 42 39

Employees in

Liechtenstein 601 604 555 649 Source: Office of Statistics

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Tourism 2016

Facts and Figures 2017 | © Liechtenstein Marketing 2018

1970 1980 1990 2000 2010 2016

Number of

businesses

70 64 60 49 40 38

Beds available 1’415 1’760 1’387 1’314 1’144 1’264

Guest arrivals 72’421 85’033 77’735 62’894 51’815 61’084

Overnight stays 145’247 182’443 149’861 133’485 115’051 109’416

Source: Office of Statistics

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Transport

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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Motor vehicles (1 July 2017)

Facts and Figures 2017 | © Liechtenstein Marketing

0

5'000

10'000

15'000

20'000

25'000

30'000

35'000

40'000

45'000

1980 1990 2000 2010 2017

130 km of state roads and

500 km of local community roads

9 km railway line operated by Austrian

Federal Railways

High level of motorisation: 780

passenger cars for every 1’000

inhabitants (in comparison:

Switzerland and Austria 540 cars per

1’000 inhabitants).

2018

Source: Office of Statistics

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Energy

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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Energy supply

Facts and Figures 2017 | © Liechtenstein Marketing

Main sources of energy: natural gas,

electricity, oil, petrol

Proportion of own energy supply: 10 %

Own energy supply from electricity,

firewood, biogas

Certification: all eleven municipalities

have received the European

Energy Award

2018

Source: Office of Statistics

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Public Finance

Facts and Figures 2017 | © Liechtenstein Marketing 2018

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Public budgets 2016

Facts and Figures 2017 | © Liechtenstein Marketing

State budget and local budgets of the eleven municipalities

Tax revenue 2015: CHF 864.4 million

Largest fields of expenditure for national budget: social welfare and education

2018

Source: Office of Statistics

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in mn CHF 2015 2016

Operating revenue 806 797

Operating expenditure -778 -793

Operating result 28 5

Net financial result 11 87

Extraordinary result - -

Restult of the profit and loss account 39 92

Depreciation on fixed capital 41 37

Gross investment 41 -31

Investment income 18 18

Financing surplus/deficit 58 115

National budget: Overview (2016)

Facts and Figures 2017 | © Liechtenstein Marketing 2018

Source: Office of Statistics

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Municipal budgets: current accounts (2016)

Facts and Figures 2017 | © Liechtenstein Marketing 2018

in mn CHF 2000 2005 2010 2016

Current expenditure 139 145 179 182

Current revenue 288 267 314 315

Cash flow 149 122 135 132

Depreciation on fixed capital 65 73 94 73

Surplus current accounts 84 49 41 58

Source: Office of Statistics

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Humanitarian cooperation and development

Facts and Figures 2017 | © Liechtenstein Marketing

Official development assistance (ODA) according to the OECD criteria for

development cooperation and humanitarian aid

ODA spending for 2014: CHF 25 million

Total ODA spending for 2013 was 0.63 of gross national

income (GNI)

2018

Source: Office of Statistics

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Facts and Figures 2017 | © Liechtenstein Marketing 2018