Liechtenstein Economy - 2024

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

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 -

Exchange rates:
0.9875 (2017 est.)
0.9852 (2016 est.)
0.9852 (2015 est.)
0.9627 (2014 est.)
0.9152 (2013 est.)