Liechtenstein Economy - 2023

GEOGRAPHICAL NAMES 

Economic overview

high-income European economy; Schengen Area participant; key European financial leader; integrated with Swiss economy and franc currency user; one of the highest GDP per capita countries; relies on US and Eurozone markets for exports

Real GDP (purchasing power parity)

$4.978 billion (2014 est.)

$3.2 billion (2009 est.)

$3.216 billion (2008 est.)

Real GDP growth rate

1.8% (2012 est.)

-0.5% (2011 est.)

3.1% (2007 est.)

Real GDP per capita

$139,100 (2009 est.)

$90,100 (2008 est.)

$91,300 (2007 est.)

GDP (official exchange rate)

$6.672 billion (2014 est.)

Inflation rate (consumer prices)

-0.4% (2016 est.)

-0.2% (2013)

Credit ratings

Standard & Poors rating: AAA (1996)

note: The year refers to the year in which the current credit rating was first obtained.

GDP - composition, by sector of origin

agriculture: 7% (2014)

industry: 41% (2014)

services: 52% (2014)

Agricultural products

wheat, barley, corn, potatoes; livestock, dairy products

Industries

electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments

Industrial production growth rate

N/A

Labor force

38,520 (2015 est.) (2012)

note: 51% of the labor force in Liechtenstein commute daily from Austria, Switzerland, and Germany

Labor force - by occupation

agriculture: 0.8%

industry: 36.9%

services: 62.3% (2015)

Unemployment rate

2.4% (2015)

2.4% (2014)

Population below poverty line

N/A

Household income or consumption by percentage share

lowest 10%: NA

highest 10%: NA

Budget

revenues: $995.3 million (2012 est.)

expenditures: $890.4 million (2011 est.)

Budget surplus (+) or deficit (-)

1.6% (of GDP) (2012 est.)

Taxes and other revenues

14.9% (of GDP) (2012 est.)

Fiscal year

calendar year

Exports

$3.217 billion (2015 est.)

$3.774 billion (2014 est.)

note: trade data exclude trade with Switzerland

Exports - commodities

small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products

Imports

(2015 est.) NA

$2.23 billion (2014 est.)

note: trade data exclude trade with Switzerland

Imports - commodities

agricultural products, raw materials, energy products, machinery, metal goods, textiles, foodstuffs, motor vehicles

Debt - external

$0 (2015 est.)

note: public external debt only; private external debt unavailable

Exchange rates

Swiss francs (CHF) per US dollar -

0.9875 (2017 est.)

0.9852 (2016 est.)

0.9852 (2015 est.)

0.9627 (2014 est.)

0.9152 (2013 est.)

NOTE: The information regarding Liechtenstein on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Liechtenstein 2023 information contained here. All suggestions for corrections of any errors about Liechtenstein 2023 should be addressed to the CIA or the source cited on each page.