Liechtenstein

Liechtenstein is a principality located in Central Europe, between Austria and Switzerland, covering an area of approximately 160 square kilometers. As of 2025, Liechtenstein has a population of about 40,500, with German as the official language spoken by 91.5%, alongside Italian, Turkish, and Portuguese. The country is mostly mountainous with the Rhine Valley in the western third, experiencing a continental climate of cold, cloudy winters and cool to moderately warm summers. Vaduz serves as the capital, and the government operates as a constitutional monarchy.

Liechtenstein has a high-income economy with a GDP of $8.39 billion and one of the highest GDP per capita figures in the world at $210,600, driven by small specialty machinery, connectors for audio and video, motor vehicle parts, dental products, and hardware. The country has limited natural resources, mainly hydroelectric potential and arable land. Liechtenstein participates in the Schengen Area and maintains an integrated economy with Switzerland, using the Swiss franc as its currency. As a key European financial center with a highly developed industrial sector, Liechtenstein continues to benefit from its favorable business environment, low taxes, and strong economic ties to the European Union.