Principality of Liechtenstein Fürstentum Liechtenstein (German) | |
---|---|
Motto: "Für Gott, Fürst und Vaterland" "For God, Prince and Fatherland" | |
Anthem: | |
Capital | Vaduz |
Largest municipality | Schaan 47°10′00″N 9°30′35″E / 47.16667°N 9.50972°E |
Official languages | German |
Ethnic groups (2017)[1] |
|
Religion (2020)[2] |
|
Demonym(s) | Liechtensteiner |
Government | Unitary parliamentary semi-constitutional monarchy with elements of a direct democracy |
• Monarch | Hans-Adam II |
• Regent | Alois |
Daniel Risch | |
Legislature | Landtag |
Independence as principality | |
• Union between Vaduz and Schellenberg | 23 January 1719 |
12 July 1806 | |
• Separation from German Confederation | 23 August 1866 |
Area | |
• Total | 160.50[3] km2 (61.97 sq mi) (190th) |
• Water (%) | 2.7[4] |
Population | |
• 2023 estimate | 40,015[5] (189th) |
• Density | 249/km2 (644.9/sq mi) (56th) |
GDP (PPP) | 2014 estimate |
• Total | $4.978 billion[6] (176th) |
• Per capita | $98,432[7][8][9] |
GDP (nominal) | 2022 estimate |
• Total | $7.365 billion[10] |
• Per capita | $187,267[11] |
HDI (2022) | 0.942[12] very high (12th) |
Currency | Swiss franc (CHF) |
Time zone | UTC+01:00 (CET) |
• Summer (DST) | UTC+02:00 (CEST) |
Drives on | right |
Calling code | +423 |
ISO 3166 code | LI |
Internet TLD | .li |
Liechtenstein (/ˈlɪktənstaɪn/ LIK-tən-styne;[13] German: [ˈlɪçtn̩ʃtaɪn] ), officially the Principality of Liechtenstein (German: Fürstentum Liechtenstein, [ˈfʏʁstn̩tuːm ˈlɪçtn̩ˌʃtaɪ̯n] ),[14] is a doubly landlocked German-speaking microstate in the Central European Alps, between Austria in the east and north and Switzerland in the west and south.[15] Liechtenstein is a semi-constitutional monarchy headed by the prince of Liechtenstein of the House of Liechtenstein, currently led by Hans-Adam II. It is Europe's fourth-smallest country, with an area of just over 160 square kilometres (62 square miles) and a population of 40,023.[16] It is the world's smallest country to border two countries,[17] and is one of the few countries with no debt.[18]
Liechtenstein is divided into 11 municipalities. Its capital is Vaduz, and its largest municipality is Schaan. It is a member of the United Nations, the European Free Trade Association, and the Council of Europe. It is not a member state of the European Union, but it participates in both the Schengen Area and the European Economic Area. It has a customs union and a monetary union with Switzerland, with its usage of the Swiss franc. Politically, a constitutional referendum in 2003 granted the monarch greater powers, after he threatened to leave the country should the referendum fail. These powers include being able to dismiss the government, nominate judges and veto legislation.[19]
Economically, Liechtenstein has one of the highest gross domestic products per person in the world when adjusted for purchasing power parity.[20] The country has a strong financial sector centred in Vaduz. It was once known as a billionaire tax haven, culminating in a tax affair in 2008, but the principality has since made significant efforts to shed this reputation. An Alpine country, Liechtenstein is mountainous, making it a winter sport destination.