A Well-Oiled Liechtenstein MachineIn Europe, Liechtenstein stands as the fourth smallest country. It is the smallest German-speaking nation worldwide to this day. Its size did not stop it from becoming a highly industrialized nation housing numerous businesses of all scales. Liechtenstein’s businesses thrive on low taxes. This also attracts companies from other countries to set up offices in Liechtenstein. Liechtenstein is a highly urban country. It is a landlocked country surrounded by two other land-locked nations namely Austria and Switzerland. Liechtenstein is at the heart of Central Europe. Its terrain is mostly mountainous.
It enjoys continental climate with cold, cloudy winters. The region experiences frequent snow and rainfall. Its summers are humid, shifting from cool to moderately warm weather. About 25% or its land is arable and it keeps no permanent crops throughout the year. Liechtenstein’s occupations are 51% service-oriented. A majority of Liechtenstein’s labor force commute daily from neighboring countries like Austria, Switzerland and Germany. 47% of the country’s jobs are industry-oriented, while a small 2% make up agriculture.
Despite its highly urbanized lifestyle, Liechtenstein still produces agricultural products. These come from the countryside, which produces wheat, barley, corn, potatoes, livestock and dairy products.
Liechtenstein exports a number of products like small specialty machinery, audio and video connectors, auto parts, dental products, hardware, preserved food, electronics, and optical goods. On the other hand, it imports food products, energy, machinery, metals, textiles, and motor vehicles.
Liechtenstein is mostly a Roman Catholic population. More than ¾ of its population are Christians, while a small fraction belongs to other religions. The country has 100% literacy rate.
All of Liechtenstein’s TV networks are connected to Switzerland. Roads and railways are main transportation means for the state. The Australian Railway System runs the railways running across the state. This railway system also connects Austria to Switzerland.
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