Finance of Liechtenstein

The minimum monthly wage in Liechtenstein is not regulated by the government. Liechtenstein has a government debt of 111.4% of the country's Gross Domestic Product (GDP), as assessed in 2012. With regard to consumer prices, the inflation rate in Liechtenstein is -0.7%. The currency of Liechtenstein is Swiss franc. The Swiss franc is the official currency of Switzerland and Liechtenstein. It was introduced in 1798 to unify several currencies that were in use in Switzerland at the time. Switzerland is a stable currency that can be relied upon for investment opportunities. The plural form of the word Swiss franc is francs. The symbol used for this currency is Fr, and it is abbreviated as CHF. The Swiss franc is divided into rappen; there are 100 in one franc. Each year, consumers spend around $2,799 million. The ratio of consumer spending to GDP in Liechtenstein is 0.05%, and the ratio of consumer spending to the world consumer market is 0.81%. The corporate tax in Liechtenstein is set at 12.5%. Personal income tax ranges from 1.2% to 17.82%, depending on your specific situation and income level. VAT in Liechtenstein is 8%.

Gross Domestic Product

The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Liechtenstein is $3 billion. The Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) per capita in Liechtenstein was last recorded at $83,868. PPP in Liechtenstein is considered to be very good when compared to other countries. Very good PPP indicates that citizens in this country find it easy to purchase local goods. Local goods can include food, shleter, clothing, health care, personal care, essential furnishings, transportation and communication, laundry, and various types of insurance. Countries with very good PPP are safe locations for investments. The total Gross Domestic Product (GDP) in Liechtenstein is 5,647 billion. Based on this statistic, Liechtenstein is considered to have a medium economy. Countries with medium economies support an average number of industries and opportunities for investment. It should not be too difficult to find worthwhile investment opportunities in medium economies. The Gross Domestic Product (GDP) per capita in Liechtenstein was last recorded at $148,001,573. The average citizen in Liechtenstein has very high wealth. Countries with very high wealth per capita have an extended life expectancy and very high standard of living. Highly skilled workers can be found in many industries, and labor is very expensive in these countries. Countries with very high wealth offer opportunities for safe investments, as they are often supported by a diverse and thriving financial sector. GDP Annual Growth Rate in Liechtenstein averaged 1.8% in 2014. According to this percentage, Liechtenstein is currently experiencing modest growth. Countries that are experiencing modest growth offer safe opportunities for investment; their expanding economy indicates that businesses, jobs, and income will expand accordingly.