The party was established in 1918 by middle class citizens and members of the agricultural community as a response to the formation of the
Christian-Social People's Party (VP). In addition to being linked to the commercial and rural environment, the party was also firmly anchored in the
clergy. It won the majority of the elected the
1918 elections, but the VP formed a government following the
1918 Liechtenstein putsch. The VP won elections in
1922,
January 1926 and
April 1926, but the FBP won the
1928 elections, and became the party of government until 1938, after which the Patriotic Union formed a government. The FBP won the
2001 elections and its leader
Otmar Hasler became prime minister. Following the
2005 elections the coalition was renewed, In the
2021 state elections, Adrian Hasler and government councilor
Mauro Pedrazzini (also a FBP member) decided not to run for government again after eight years. With
Sabine Monauni, the FBP nominated a woman as prime minister candidate for the state elections for the first time. The party nominated
Katrin Eggenberger and Manuel Frick as further candidates for the government. The FBP won 35.9% of the votes in the 2021 state elections and won 10 seats in the Landtag. Mathematically, the FBP was elected by around 100 voters (0.6%) more. The discrepancy arose from the fact that the voters in the
Oberland, with 15 votes per ballot paper, had a higher weight on the total party vote result than the voters in the
Unterland with ten votes per person. Voter turnout was stable at 78.0%. The FBP and VU formed a coalition government, which appointed Monauni as deputy prime minister. If she had become prime minister, she would have been the first female to hold the position. In the
2025 elections, former
president of the landtag Ernst Walch was the party's candidate for prime minister. The party further nominated Sabine Monauni and
Daniel Oehry as government candidates. In the election, the FBP won 7 seats with 27.9% of the vote share, the lowest in its history. == Ideology and policy ==