Politics in Liechtenstein is characterized by
stability. Two parties alternate as the largest party
and they generally form coalition government together.
Both are conservative, although the Confederation of the
Fatherland (VU) is slightly more liberal than the
Progressive Progressive Party (PDB). The parties
retained the majority in Parliament after the 2017
election, but lost the votes to the populist
The parliamentary elections in February 2017, like
the previous elections in 2013, could be seen as a
protest from the electorate. Discontent had grown among
the population following the economic downturn that
began in 2008. The Independents (DU)
became the big winners and went up by three percentage
points to just over 18 percent of the vote. In its
election campaign, the party criticized the large
government parties FBP and VU for dividing the country
between themselves. But DU's success was not enough to
threaten the established government parties, which some
analysts had predicted on the basis of opinion polls
before the election. Adrian Hasler was able to continue
for another four years as leader of a government
coalition consisting of FDP and VU.
Country facts and history of Liechtenstein, including state flag, location map, demographics, GDP data, currency code, and business statistics.
Even the environmentally-focused,
monarchical-critical party Free List, did well in the
elections and retained its three seats in parliament.
The government parties received both about 30 percent of
the vote, but the PDB backed by 5 percentage points and
a parliamentary mandate.
The criticism from abroad towards Liechtenstein as a
tax haven has since the end of the 00s been dampened as
new agreements were concluded. The country signed a
large number of bilateral agreements on information
exchange regarding accounts and taxes, including with
Sweden. At the end of 2013, the government promised to
facilitate banking secrecy and follow international
rules on exchange of tax information between countries.
In 2015, an agreement was signed with the EU on
automatic exchange of information on financial accounts.
FACTS - POLITICS
Principality of Liechtenstein / Principality of
monarchy (principality), unitary state
Head of State
Prince Hans-Adam II (1989–)
Head of government
Prime Minister Adrian Hasler (2013–)
Most important parties with mandates in the
Progressive Citizens' Party 9, Federation of Unions
8, Independent 5, Free List 3 (2017)
Main parties with mandates in the second most
Progressive Citizens' Party 10, Federation of Unions
8, Independent 4, Free List 3 (2013)
78% in the 2017 parliamentary elections
2021 parliamentary elections