General elections were held in Liechtenstein on 31 January and 2 February 1986.

The result was a victory for the Patriotic Union, which won 8 of the 15 seats in the Landtag.

[1] They were the first elections in which women could vote, as until the passing of a referendum in 1984, suffrage had been limited to men.

Emma Eigenmann was the only woman elected, becoming the first female member of the Landtag.

Only parties and lists with more than 8% of the votes cast in each constituency were eligible to win seats in the Landtag.