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Economy Falkland Islands (Islas Malvinas)
Flag of Falkland Islands (Islas Malvinas) Falkland Islands (Islas Malvinas)
Population: 2,967 (July 2003 est.)
Capital: Stanley
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Tabular Data - The Falkland Islander Economy

GDP : purchasing power parity - $75 million (2002 est.)
GDP - Per Capita : purchasing power parity - $25,000 (2002 est.)
Inflation Rate (Consumer Prices) : 3.6% (1998)
Labor Force : 1,100 (est.)
Labor Force - By Occupation : agriculture 95% (mostly sheepherding and fishing)
Budget : revenues: $66.2 million
expenditures: $67.9 million, including capital expenditures of $23.2 million (FY98 est.)
Industries : fish and wool processing; tourism
Electricity - Production : 16.33 million kWh (2001)
Electricity - Production by Source : fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)
Electricity - Consumption : 15.19 million kWh (2001)
Electricity - Exports : 0 kWh (2001)
Electricity - Imports : 0 kWh (2001)
Agriculture - Products : fodder and vegetable crops; sheep, dairy products
Exports : $7.6 million (1995)
Exports - Commodities : wool, hides, meat
Exports - Partners : UK, Japan, Chile, NZ (2000)
Imports : $24.7 million (1995)
Imports - Commodities : fuel, food and drink, building materials, clothing
Imports - Partners : UK, Japan, Chile, NZ (2000)
Economic Aid - Recipient : none
Currency : Falkland pound (FKP)
Currency Code : FKP
Exchange Rates : Falkland pounds per US dollar - 0.6661 (2002), 0.6944 (2001), 0.6596 (2000), 0.618 (1999), 0.6037 (1998); note - the Falkland pound is at par with the British pound
Fiscal Year : 1 April - 31 March

Country References
Country profile data for Falkland Islands (Islas Malvinas)

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Data Source: Central Intelligence Agency 2004 World Factbook