The Gross Domestic Product (GDP) in Liechtenstein expanded 1.40 percent in 2016 from the previous year. GDP Annual Growth Rate in Liechtenstein averaged 3.36 percent from 1971 until 2016, reaching an all time high of 10.41 percent in 1999 and a record low of -10.90 percent in 2009.

GDP Annual Growth Rate in Liechtenstein is expected to be 1.22 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Liechtenstein GDP Annual Growth Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.

Liechtenstein GDP Annual Growth Rate
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Liechtenstein GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 1.40 -0.70 10.41 -10.90 percent [+]
GDP 6.29 6.66 6.66 0.09 USD Billion [+]


Liechtenstein GDP Annual Growth Rate

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. This page provides - Liechtenstein GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Liechtenstein GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 -0.70 10.41 -10.90 1971 - 2016 percent Yearly




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