Quality of life comparison

compared to

If you lived in Liechtenstein instead of South Korea, you would:

Economy

make 2.7 times more money

South Korea has a GDP per capita of $50,600 as of 2023, while in Liechtenstein, the GDP per capita is $139,100 as of 2009.

pay a 36.8% lower top tax rate

South Korea has a top tax rate of 38.0% as of 2016. In Liechtenstein, the top tax rate is 24.0% as of 2016.

Life

have 48.8% more children

In South Korea, there are approximately 6.9 babies per 1,000 people as of 2022. In Liechtenstein, there are 10.3 babies per 1,000 people as of 2024.

be 41.1% more likely to die during infancy

In South Korea, approximately 2.9 children (per 1,000 live births) die before they reach the age of one as of 2022. In Liechtenstein, on the other hand, 4.0 children do as of 2022.

Expenditures

spend 44.7% less on education

South Korea spends 4.7% of its total GDP on education as of 2019. Liechtenstein spends 2.6% of total GDP on education as of 2011.

The statistics above were calculated using the following data sources: The World Factbook, Ministry of Finance, National Tax Service, South Korea.

Liechtenstein: At a glance

Liechtenstein is a sovereign country in Europe, with a total land area of approximately 160 sq km. The Principality of Liechtenstein was established within the Holy Roman Empire in 1719. Occupied by both French and Russian troops during the Napoleonic Wars, it became a sovereign state in 1806 and joined the Germanic Confederation in 1815. Liechtenstein became fully independent in 1866 when the Confederation dissolved. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding economic growth. In 2000, shortcomings in banking regulatory oversight resulted in concerns about the use of financial institutions for money laundering. However, Liechtenstein implemented anti-money laundering legislation and a Mutual Legal Assistance Treaty with the US that went into effect in 2003.
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How big is Liechtenstein compared to South Korea? See an in-depth size comparison.

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