Quality of life comparison

compared to

If you lived in Liechtenstein instead of Australia, you would:

Economy

make 3.5 times more money

Australia has a GDP per capita of $60,100 as of 2024, while in Liechtenstein, the GDP per capita is $210,600 as of 2024.

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be 41.5% less likely to be unemployed

In Australia, 4.1% of adults are unemployed as of 2024. In Liechtenstein, that number is 2.4% as of 2015.

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pay a 46.7% lower top tax rate

Australia has a top tax rate of 45.0% as of 2016. In Liechtenstein, the top tax rate is 24.0% as of 2016.

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Life

be 34.6% more likely to die during infancy

In Australia, approximately 3.0 children (per 1,000 live births) die before they reach the age of one as of 2022. In Liechtenstein, on the other hand, 4.0 children do as of 2022.

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Expenditures

spend 57.4% less on education

Australia spends 6.1% of its total GDP on education as of 2020. Liechtenstein spends 2.6% of total GDP on education as of 2011.

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The statistics above were calculated using the following data sources: The World Factbook, Australian Taxation Office, Ministry of Finance.

Liechtenstein: At a glance

Liechtenstein is a sovereign country in Europe, with a total land area of approximately 160 sq km. The Principality of Liechtenstein was established within the Holy Roman Empire in 1719. Occupied by both French and Russian troops during the Napoleonic Wars, it became a sovereign state in 1806 and joined the Germanic Confederation in 1815. Liechtenstein became fully independent in 1866 when the Confederation dissolved. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding economic growth. In 2000, shortcomings in banking regulatory oversight resulted in concerns about the use of financial institutions for money laundering. However, Liechtenstein implemented anti-money laundering legislation and a Mutual Legal Assistance Treaty with the US that went into effect in 2003.
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How big is Liechtenstein compared to Australia? See an in-depth size comparison.

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