Economic Outlook for Entrepreneurs in Liechtenstein

Published on October 5, 2025 and written by Cyril Jarnias

Liechtenstein, a small principality nestled between Switzerland and Austria, offers a particularly favorable environment for entrepreneurs. Despite its modest size, this country stands out for its economic dynamism and business-friendly approach. Let’s explore the promising prospects available to entrepreneurs in this unique destination.

A Thriving Economy with Sustained Growth

Liechtenstein demonstrates remarkable economic health, with sustained growth in recent years. In 2024, the country’s GDP increased by 3.2%, surpassing the European average. This positive trend is expected to continue, with growth forecasts of 2.8% in 2025 and 2.6% in 2026.

This economic vitality is explained by:

• A robust and innovative financial sector
• Advanced manufacturing industry
• Rising exports, particularly to the European Union
• An extremely low unemployment rate (1.9% in 2024)

For entrepreneurs, this favorable economic context offers numerous opportunities for development and growth.

A Pro-Business Government Supporting Innovation

Liechtenstein authorities implement policies decidedly favorable to businesses and entrepreneurship. The country stands out for:

• Attractive taxation, with a corporate tax rate of 12.5%
• Simplified administrative procedures for business creation
• Tax incentives for investments in R&D and innovation
• Active support for economic digitalization

The government recently launched several initiatives to stimulate entrepreneurship:

• The “Liechtenstein Digital” program aiming to make the country a leading technology hub
• Grants for innovative startups in priority sectors
• Creation of a sovereign fund dedicated to financing growing businesses

These measures create fertile ground for ambitious entrepreneurs looking to develop their projects in a favorable framework.

Expanding Future-Oriented Sectors

Several emerging sectors offer particularly interesting prospects for entrepreneurs in Liechtenstein:

• Fintech and blockchain: The country positions itself as a leader in these technologies, with a favorable regulatory framework and numerous innovative startups.
• Industry 4.0: The Liechtenstein manufacturing sector is transitioning toward the factory of the future, creating opportunities in automation, industrial IoT, etc.
• Cleantech: The government strongly encourages innovations in renewable energy and energy efficiency.
• Connected health: The aging population stimulates the development of e-health solutions and innovative medical devices.

These sectors benefit from significant government support and offer strong growth potential for the coming years.

A Stable Environment, But Challenges to Address

While Liechtenstein presents many advantages for entrepreneurs, certain risks and challenges must be considered:

• Political and economic stability
• Privileged access to Swiss and European markets
• Highly qualified workforce
• State-of-the-art infrastructure

• Limited domestic market size
• High cost of living and salaries
• Dependence on the Swiss economy
• International pressure on financial regulation

Entrepreneurs must therefore adapt their strategies to leverage the country’s advantages while mitigating these potential risks.

A Bright Future for Liechtenstein Entrepreneurship

Long-term prospects for entrepreneurs in Liechtenstein appear very promising. The country is expected to continue positioning itself as an innovation and entrepreneurship hub in the heart of Europe.

• Average economic growth of 2.5% per year
• 30% increase in foreign investments
• Doubling of technology startup numbers
• Strengthening of the country’s position as an international financial center

Liechtenstein is firmly committed to transitioning toward a knowledge economy, offering fertile ground for innovative and ambitious entrepreneurs.