Source: world bank Nominal/PPP
Summary:
Liechtenstein GDP Per Capita expanded from 1970 to 2023, increasing from $0.09 to $8.24 .The compound annual growth rate (CAGR) averaged 8.9% over the period. The economy recorded its peak level in 2023 and its lowest level in 1970. Growth volatility remained high. The maximum drawdown reached 11.42%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.
Liechtenstein Economic Phases (1970 - 2023)
From 1970 to 2023, Liechtenstein economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- High Growth (1971–1980) indicating robust economic expansion
- Expansion (1982–1983) indicating steady moderate growth
- High Growth (1985–1988) indicating robust economic expansion
- High Growth (1994–1995) indicating robust economic expansion
- High Growth (1998–1999) indicating robust economic expansion
- High Growth (2002–2008) indicating robust economic expansion
- High Growth (2010–2011) indicating robust economic expansion
- Contraction (2015–2016) indicating temporary slowdown
- Expansion (2017–2018) indicating steady moderate growth
- Contraction (2019–2020) indicating temporary slowdown
- High Growth (2023–2023) indicating robust economic expansion
The most remarkable growth occurred in 1986 with an increase of 47.306%, while the largest decline was in 2009 at -11.357%.