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Liechtenstein is a small country between Switzerland and Austria. It has developed into a prosperous, highly industrialized free-enterprise economy with a strong financial services sector and one of Europe's highest living standards. Low business taxes -- the maximum rate is 18 percent -- and easy incorporation rules have induced about 73,700 holding or so-called "letterbox" companies to establish nominal offices in the country, providing 30 percent of state revenues. Liechtenstein participates in a customs union with Switzerland and uses the Swiss franc as its national currency. GDP (PPP): $730 million GDP per capita (PPP): $23,000 Labor force: 22,891 of whom 13,847 are foreigners; 8,231 commute fro Austria and Switzerland every day. Unemployment rate: 1.8% Main industries: electronics, metal manufacturing, textiles, ceramics, pharmaceuticals, food products, precision instruments, tourism Major export commodities: small specialty machinery, dental products, stamps, hardware, pottery Major export markets: EU and EFTA (European Free Trade Association) countries: 60.5% of which Switzerland: 15.7% Major imported commodities: machinery, metal goods, textiles, foodstuffs, motor vehicles Major import countries: EU countries and Switzerland Currency: Swiss franc (SFR)
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Ricola www.ricola.ch Hilti www.hilti.co.jp  |
