Liechtenstein

Abstract

Wikipedia Country Information

Liechtenstein (; LIK-tən-styne; German: [ˈlɪçtn̩ʃtaɪn]), officially the Principality of Liechtenstein (German: Fürstentum Liechtenstein), is a doubly landlocked German-speaking microstate in Central Europe. The principality is a constitutional monarchy headed by the Prince of Liechtenstein.
Liechtenstein is bordered by Switzerland to the west and south and Austria to the east and north. It has an area of just over 160 square kilometres (62 square miles), the fourth-smallest in Europe, and an estimated population of 37,000. Divided into 11 municipalities, its capital is Vaduz and its largest municipality is Schaan.
Economically, Liechtenstein has one of the highest gross domestic products per person in the world when adjusted for purchasing power parity, and the highest when not adjusted by purchasing power parity. The unemployment rate is one of the lowest in the world at 1.5%. Liechtenstein has been known in the past as a billionaire tax haven; however, it is no longer on any blacklists of uncooperative tax haven countries (see taxation section).
An alpine country, Liechtenstein is mainly mountainous, making it a winter sport destination. Many cultivated fields and small farms are found both in the south (Oberland, upper land) and north (Unterland, lower land). The country has a strong financial sector centered in Vaduz. Liechtenstein is a member of the United Nations, European Free Trade Association, and the Council of Europe, and while not being a member of the European Union, the country participates in both the Schengen Area and European Economic Area. It also has a customs union and a monetary union with Switzerland.


Summary
Instruments ratified: 77 / 282
World Average Ratifications: 114 / 282
Ratification rate: 29.66%
World Average Rate: 41.25%
Weighted score: 33.65%
World Average Weighted Score: 41.25%
World rank: 153 / 194
Developed country rank: 25 / 30
Developed country Avg. Ratifications: 159 / 282
Western Europe rank: 9 / 10
Western Europe Avg. Ratifications: 169 / 282
Comparative Statistical Analysis
CONTRACTS Inst. ratified Country score World avg. score Country rank in world Strength
Agency 0/2 0.00% 2.00% 8 Weak
Conflict of laws 1/7 (14.29%) 14.29% 3.00% 9 Strong
E-commerce 0/3 0.00% 18.00% 70 Weak
Franchising 0/1 0.00% 0.00% 1 Average
Leasing/Factoring 0/2 0.00% 5.00% 13 Weak
Principles, trade usages and standards 0/2 0.00% 0.00% 1 Average
Procurement 0/4 0.00% 3.00% 31 Weak
Sale of Goods 0/5 0.00% 25.00% 89 Weak
Travel contracts 0/1 0.00% 3.00% 7 Weak
Total 1 1.45% 9.00% 138 Weak
 
CUSTOMS Inst. ratified Country score World avg. score Country rank in world Strength
Customs Codification 0/3 0.00% 78.00% 153 Weak
Customs Cooperation 0/6 0.00% 26.00% 117 Weak
Exemption from Duties 1/9 (11.11%) 11.11% 30.00% 109 Weak
Temporary Admission 0/11 0.00% 28.00% 126 Weak
Transit 0/4 0.00% 28.00% 98 Weak
Total 1 3.26% 31.00% 168 Weak
 
DISPUTE RESOLUTION Inst. ratified Country score World avg. score Country rank in world Strength
Arbitration 1/6 (16.67%) 25.00% 32.00% 86 Weak
Judicial cooperation 2/5 (40.00%) 52.63% 36.00% 58 Strong
Recognition of foreign judgments 0/2 0.00% 2.00% 6 Weak
State court jurisdiction 0/4 0.00% 14.00% 29 Weak
State court procedure 0/1 0.00% 6.00% 12 Weak
State immunities 1/1 (100.00%) 100.00% 11.00% 1 Strong
Total 4 36.00% 29.00% 60 Strong
 
ENVIRONMENT AND PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Air 4/5 (80.00%) 80.00% 86.00% 59 Weak
Chemicals 1/1 (100.00%) 100.00% 78.00% 1 Strong
Energy 2/2 (100.00%) 100.00% 25.00% 1 Strong
Flora and fauna 3/10 (30.00%) 32.61% 68.00% 185 Weak
Foodstuff 0/2 0.00% 79.00% 190 Weak
General 1/1 (100.00%) 100.00% 95.00% 1 Weak
International watercourses 0/1 0.00% 18.00% 36 Weak
Maritime and Law of the Sea 0/26 0.00% 46.00% 182 Weak
Protected geographical areas 0/1 0.00% 27.00% 54 Weak
Waste 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 12 27.08% 61.00% 187 Weak
 
FINANCE, PAYMENTS AND INSOLVENCY Inst. ratified Country score World avg. score Country rank in world Strength
Assignment of receivables 0/1 0.00% 1.00% 2 Weak
Bankruptcy and insolvency 0/1 0.00% 21.00% 41 Weak
Bills of exchange and promissory notes 0/4 0.00% 8.00% 43 Weak
Cheques 0/3 0.00% 13.00% 36 Weak
Credit transfers 0/1 0.00% 0.00% 1 Average
International guarantees 0/3 0.00% 20.00% 75 Weak
Total 0 0.00% 12.00% 117 Weak
 
GOOD GOVERNANCE Inst. ratified Country score World avg. score Country rank in world Strength
Corruption 1/4 (25.00%) 41.67% 50.00% 92 Weak
Cultural Property 0/4 0.00% 54.00% 189 Weak
Drugs 3/3 (100.00%) 100.00% 95.00% 1 Weak
Insider Trading 0/1 0.00% 4.00% 9 Weak
Organized crime 2/2 (100.00%) 100.00% 80.00% 1 Strong
Total 6 53.85% 68.00% 166 Weak
 
HUMAN RIGHTS AND LABOUR STANDARDS Inst. ratified Country score World avg. score Country rank in world Strength
Human Rights 7/7 (100.00%) 100.00% 96.00% 1 Weak
Labour Standards 7/8 (87.50%) 87.50% 86.00% 134 Weak
Total 14 93.33% 91.00% 126 Weak
 
INSTITUTIONAL PARTICIPATION Inst. ratified Country score World avg. score Country rank in world Strength
Dispute Resolution 0/1 0.00% 39.00% 77 Weak
International Trade Law 2/10 (20.00%) 20.00% 73.00% 192 Weak
Trade support institutions 0/6 0.00% 51.00% 172 Weak
Total 2 11.76% 63.00% 192 Weak
 
INTELLECTUAL PROPERTY Inst. ratified Country score World avg. score Country rank in world Strength
Broadcasting 1/1 (100.00%) 100.00% 47.00% 1 Strong
Copyright 3/3 (100.00%) 100.00% 65.00% 1 Strong
Industrial designs 1/2 (50.00%) 62.50% 31.00% 37 Strong
Integrated circuits 0/1 0.00% 2.00% 4 Weak
Neighboring Rights 3/3 (100.00%) 100.00% 46.00% 1 Strong
Origin 1/3 (33.33%) 33.33% 14.00% 24 Strong
Patents 4/5 (80.00%) 85.71% 57.00% 30 Strong
Trademarks 5/6 (83.33%) 95.45% 33.00% 10 Strong
Varieties of plants 0/1 0.00% 37.00% 73 Weak
Total 18 80.00% 42.00% 30 Strong
 
INVESTMENTS Inst. ratified Country score World avg. score Country rank in world Strength
Investment disputes 0/2 0.00% 39.00% 152 Weak
Investment guaranty 0/1 0.00% 93.00% 181 Weak
Total 0 0.00% 57.00% 185 Weak
 
PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Marine Resources 0/1 0.00% 24.00% 48 Weak
Timber 0/1 0.00% 31.00% 61 Weak
General 0/1 0.00% 92.00% 179 Weak
Total 0 0.00% 53.00% 180 Weak
 
TRANSPORT AND TELECOMMUNICATIONS Inst. ratified Country score World avg. score Country rank in world Strength
Air transport 3/7 (42.86%) 52.38% 59.00% 110 Weak
Aircrafts and civil aviation 3/9 (33.33%) 36.00% 74.00% 186 Weak
Maritime shipping and load lines 0/13 0.00% 66.00% 167 Weak
Maritime transport 4/12 (33.33%) 16.67% 27.00% 135 Weak
Multi modal transport 0/2 0.00% 4.00% 15 Weak
Rail transport 3/3 (100.00%) 100.00% 22.00% 1 Strong
Road transport 0/4 0.00% 31.00% 86 Weak
Space 2/4 (50.00%) 33.33% 40.00% 99 Weak
Telecommunications 0/2 0.00% 47.00% 114 Weak
Total 15 25.00% 50.00% 170 Weak
 
TREATIES LAW Inst. ratified Country score World avg. score Country rank in world Strength
General 2/4 (50.00%) 66.67% 30.00% 11 Strong
Total 2 66.67% 30.00% 11 Strong
 
WTO Inst. ratified Country score World avg. score Country rank in world Strength
Plurilateral Agreements 1/2 (50.00%) 50.00% 18.00% 26 Strong
WTO Agreements 1/1 (100.00%) 100.00% 81.00% 1 Strong
Total 2 72.73% 47.00% 26 Strong
 
Strengths and Weakness
Strong
Contracts Conflict of laws
Dispute resolution Judicial cooperation
Dispute resolution State immunities
Environment and products Chemicals
Environment and products Energy
Good Governance Organized crime
Intellectual property Broadcasting
Intellectual property Copyright
Intellectual property Industrial designs
Intellectual property Neighboring Rights
Intellectual property Origin
Intellectual property Patents
Intellectual property Trademarks
Transport and telecommunications Rail transport
Treaties law General
WTO Plurilateral Agreements
WTO WTO Agreements
 
Average
Contracts Franchising
Contracts Principles, trade usages and standards
Finance, payments and insolvency Credit transfers
 
Weak
Contracts Agency
Contracts E-commerce
Contracts Leasing/Factoring
Contracts Procurement
Contracts Sale of Goods
Contracts Travel contracts
Customs Customs Codification
Customs Customs Cooperation
Customs Exemption from Duties
Customs Temporary Admission
Customs Transit
Dispute resolution Arbitration
Dispute resolution Recognition of foreign judgments
Dispute resolution State court jurisdiction
Dispute resolution State court procedure
Environment and products Air
Environment and products Flora and fauna
Environment and products Foodstuff
Environment and products General
Environment and products International watercourses
Environment and products Maritime and Law of the Sea
Environment and products Protected geographical areas
Environment and products Waste
Finance, payments and insolvency Assignment of receivables
Finance, payments and insolvency Bankruptcy and insolvency
Finance, payments and insolvency Bills of exchange and promissory notes
Finance, payments and insolvency Cheques
Finance, payments and insolvency International guarantees
Good Governance Corruption
Good Governance Cultural Property
Good Governance Drugs
Good Governance Insider Trading
Human Rights and Labour Standards Human rights
Human Rights and Labour Standards Labour Standards
Institutional Participation Dispute Resolution
Institutional Participation International Trade Law
Institutional Participation Trade support institutions
Intellectual property Integrated circuits
Intellectual property Varieties of plants
Investments Investment disputes
Investments Investment guaranty
Products General
Products Marine Resources
Products Timber
Transport and telecommunications Air transport
Transport and telecommunications Aircrafts and civil aviation
Transport and telecommunications Maritime shipping and load lines
Transport and telecommunications Maritime transport
Transport and telecommunications Multi modal transport
Transport and telecommunications Road transport
Transport and telecommunications Space
Transport and telecommunications Telecommunications
Instruments ratifications

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Historical Data

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