The Mighty Economy of Liechtenstein

Lichtenstein, though small, is economically powerful with a high GDP per capita. It shares similarities with Switzerland, especially in financial services, but has its own unique industrial sector. Known for its banking secrecy and tax policies, including a wealth tax, Lichtenstein is more than a tax haven. Its industrial sector focuses on high-quality manufacturing, contributing to a significant trade surplus. The video ranks Lichtenstein's economy, highlighting its strengths and areas for improvement.

In what ways does Lichtenstein's industrial sector stand out?

How does Lichtenstein maintain a trade surplus despite its small economy?

What challenges does Lichtenstein face due to its small size?

What factors contribute to the high wealth of Lichtenstein's citizens?