The «Growth Monitor» of the Liechtenstein Institute analyzes relevant and available economic data that depict the long-term growth development of the Liechtenstein economy from various perspectives. It is designed according to the view that prosperity is a multidimensional concept. In addition to traditional economic indicators, indicators that reflect aspects such as living conditions or resource consumption are also important for the long-term and sustainable development of an economy. The Growth Monitor therefore not only records material prosperity, but also perceived welfare. The presentation in the form of an indicator system is intended to enable a systematic assessment of long-term growth development in Liechtenstein, which is made visible and easy to interpret using a traffic light system. The growth monitor currently comprises a set of 85 indicators, which are evaluated in terms of situation and trend.
The Growth Monitor is a module of the «Applied Economic Analysis», which is supported by the government of the Principality of Liechtenstein. It was first published in 2020 and was published annually until the 2022 edition. From the fourth edition onwards, the entire Growth Monitor publication with all indicators and the overall report will be published every two years. It is planned that some selected, important indicators will be published and monitored annually (or at a higher frequency) via the Data Pool in a timely manner.
Project duration: since 2020