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Liechtenstein's economy

Liechtenstein's economy is highly developed and stable, primarily based on financial services, including banking and insurance, due to its favorable tax laws. It also has a strong industrial sector, producing precision instruments, electronics, and pharmaceuticals. The country benefits from a skilled workforce, political stability, and strong international trade links. Tourism and small-scale manufacturing contribute to its economy, while maintaining a high standard of living. Despite its small size, Liechtenstein's economy is diversified and resilient, making it one of the wealthiest countries per capita globally.