Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
17.20 % on Dec 31, 2021
Lowest
−10.90 % on Dec 31, 2009
About Liechtenstein GDP YoY
The Principality of Liechtenstein is a small landlocked country in Western Europe known for its low tax system and high level of GDP per capita. The country is closely linked to Switzerland, sharing open borders and even a currency. Liechtenstein also has access to the European Union common market. Most people in Liechtenstein work in the services sector (around 55 percent of GDP), closely followed by the industrial and manufacturing sector (around 37 percent). In the services sector, it is largely Liechtenstein's banks and trusts that have helped the country to achieve a high standard of living. When it comes to manufacturing and industry, Liechtenstein specializes in high-tech products in the fields of machine building and food products.