Quality of Life Comparison

COMPARED TO

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

Health

live 1.2 years less


In Iceland, the average life expectancy is 83 years (81 years for men, 85 years for women). In Liechtenstein, that number is 82 years (80 years for men, 85 years for women).

Economy

make 2.7 times more money


Iceland has a GDP per capita of $51,800, while in Liechtenstein, the GDP per capita is $139,100.

be 14.3% less likely to be unemployed


In Iceland, 2.8% of adults are unemployed. In Liechtenstein, that number is 2.4%.

spend 48.2% less on taxes


Iceland has a top tax rate of 46.3%. In Liechtenstein, the top tax rate is 24.0%.

Life

be 100.0% more likely to die during infancy


In Iceland, approximately 2.1 children die before they reach the age of one. In Liechtenstein, on the other hand, 4.2 children do.

have 24.1% less children


In Iceland, there are approximately 13.7 babies per 1,000 people. In Liechtenstein, there are 10.4 babies per 1,000 people.

Expenditures

spend 66.7% less on education


Iceland spends 7.8% of its total GDP on education. Liechtenstein spends 2.6% of total GDP on education.

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.

How big is Liechtenstein compared to Iceland? See an in-depth size comparison.


The statistics on this page were calculated using the following data sources: The World Factbook, Ministry of Finance, Directorate of Internal Revenue.

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