1st Quarter 2026: Modest Business Cyle Recovery Continues Business
11 May 2026 - Notification
Although the war in Iran is weighing on Liechtenstein’s export-oriented economy, it has not been able to halt the slight economic recovery. The
value of the KonSens business cycle index has increased slowly – but quite steadily – since the 2nd quarter of 2024.
However, it remained negative at −0.5 in the 1st quarter of 2026. Goods exports and employment decreased, and also the business survey data remained quite subdued. The KonSens has now been in negative territory for seventeen quarters, which signals below-average quarterly growth in historical comparison.







