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Where Is Liechtenstein and What
Is It Known For?


Schaan-Vaduz station, Liechtenstein.

The Principality of Liechtenstein is a landlocked state between Switzerland and Austria. Its area is just over 160 kmē (about 61.7 square miles), and it has an estimated population of 35,000. Its capital is Vaduz; the biggest town is Schaan. It is a constitutional monarchy divided into 11 municipalities.

Liechtenstein is the smallest yet the richest German-speaking country in the world and the only alpine country to lie entirely within the Alps. It has the highest gross domestic product per person in the world according to the CIA World Factbook.

Liechtenstein has an industrialized, free-enterprise economy. Low business taxes have attracted companies to establish offices which provide approximately one-third of state revenues. Banking is also important. Major products include precision instruments, ceramics and textiles. Much of Liechtenstein's terrain is mountainous, making it a winter sports destination.

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