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Mountains Valleys
Mountains Valleys
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Economy

Economy

Liechtenstein is an attractive business location with a well-developed infrastructure. From its agricultural origins, it has developed over course of the last 60 years to become a modern, innovative state.

Most people in Liechtenstein work in the services sector, closely followed by the industrial and manufacturing sector. In the services sector, it is largely Liechtenstein's banks and trusts that have helped the country to achive a high standard of living. When it comes to manufacturing and industry, Liechtenstein specialises in high-tech products in the fields of machine building and food products. Liechtenstein is a member of the European Economic Area (EEA). 

In the past tourism was focused on hiking and wintersports in the country's Alpine resorts (Malbun and Steg). Today, however, Liechtenstein offers a wide range of sporting activities and a vibrant cultural scene that attract a large number of visitors all year round.

The number of people working in the primary sector, agriculture, has decreased significantly since the 1960s. The official currency in Liechtenstein is the Swiss franc.