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    Liechtenstein Econom�a 2000

      Econom�a - descripci�n: Despite its small size and limited natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and living standards on a par with the urban areas of its large European neighbors. Low business taxes - the maximum tax rate is 18% - and easy incorporation rules have induced about 73,700 holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues. The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. It imports more than 90% of its energy requirements. Liechtenstein has been a member of the European Economic Area (an organization serving as a bridge between European Free Trade Association (EFTA) and EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated Europe.

      Producto Bruto Interno (PBI): purchasing power parity - $730 million (1998 est.)

      PBI - Indice de Incremento real: NA%

      PBI - por capital: purchasing power parity - $23,000 (1998 est.)

      PBI - Composici�n por Sector:
      agriculture: NA%
      industry: NA%
      services: NA%

      Poblaci�n bajo linea de pobertad: NA%

      Ingreso en casa o porcentage de consumci�n:
      lowest 10%: NA%
      highest 10%: NA%

      Indice de Inflaci�n (precios del consumidor): 0.5% (1997 est.)

      Fuerza Laboral: 22,891 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day

      Fuerza Laboral - por ocupaci�n: industry, trade, and building 45%, services 53%, agriculture, fishing, forestry, and horticulture 2% (1997 est.)

      Indice de desempleo: 1.8% (February 1999)

      Presupuesto:
      revenues: $424.2 million
      expenditures: $414.1 million, including capital expenditures of $NA (1998 est.)

      Industrias: electronics, metal manufacturing, textiles, ceramics, pharmaceuticals, food products, precision instruments, tourism

      Industrial production growth rate: NA%

      Electricidad - Producci�n: 150 million kWh (1995)

      Electricidad - producci�n por fuente:
      fossil fuel: NA%
      hydro: NA%
      nuclear: NA%
      other: NA%

      Electricidad - consumci�n: NA kWh

      Electricidad - exportaciones: NA kWh

      Electricidad - importaciones: NA kWh

      Agricultura - productos: wheat, barley, corn, potatoes; livestock, dairy products

      Exportaciones: $2.47 billion (1996)

      Exporationes - comodidades: small specialty machinery, dental products, stamps, hardware, pottery

      Exportaciones - socios: EU and EFTA countries 60.57% (Switzerland 15.7%) (1995)

      Importaciones: $917.3 million (1996)

      Importaciones - comodidades: machinery, metal goods, textiles, foodstuffs, motor vehicles

      Importaciones - socios: EU countries, Switzerland (1996)

      Deuda - externa: $0 (1996)

      Ayuda economica - recipiente: none

      Moneda: 1 Swiss franc, franken, or franco (SFR) = 100 centimes, rappen, or centesimi

      Indice de intercambio: Swiss francs, franken, or franchi (SFR) per US$1 - 1.5878 (January 2000), 1.5022 (1999), 1.4498 (1998), 1.4513 (1997), 1.2360 (1996), 1.1825 (1995)

      A�o Fiscal: calendar year

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    Revisto 01-Nov-00
    Copyright © 2000 Photius Coutsoukis (all rights reserved)


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