NEWS: Liechtenstein is a small, highly developed principality in Western Europe.
GEOGRAPHY
- Location: Between Switzerland + Austria.
- Capital: Vaduz.
- Status: Doubly landlocked country.
- Highest Peak: Grauspitz (2,599 m).
- Mountains: Rhätikon range, part of the Alps.
- Rivers: Rhine (western border with Switzerland) + Samina.
- Climate: Mild; influenced by warm, dry foehn winds.
POLITY
- Constitutional monarchy headed by a hereditary prince.
- Powers governed by its Constitution.
ECONOMY
- Among the world's highest GDP per capita.
- Developed economy with strong financial services + industrial sectors.
- Historically known as a tax haven; has strengthened financial transparency to become an international financial centre.