2638
English 89%, Spanish 7.7%, other 3.3% (2006 est.)
STANLEY (capital) 2,000 (2014)
- Conventional long form
- none
- Conventional short form
- Falkland Islands (Islas Malvinas)
- Local long form
- Local short form
parliamentary democracy (Legislative Assembly); self-governing overseas territory of the UK
- Name
- Stanley
- Geographic coordinates
- 51 42 S, 57 51 W
- Time difference
- UTC-4 (1 hour ahead of Washington, DC, during Standard Time)
The economy was formerly based on agriculture, mainly sheep farming, but fishing and tourism currently comprise the bulk of economic activity. In 1987, the government began selling fishing licenses to foreign trawlers operating within the Falkland Islands' exclusive fishing zone. These license fees net more than $40 million per year, which help support the island's health, education, and welfare system. The waters around the Falkland Islands are known for their squid, which account for around 75% of the annual 200,000-ton catch.
- Inflation
- None%
- Total tax rate (% of commercial profits)
- None%
- Real Interest Rate
- None%
- Manufacturing, value added (% of GDP)
- None%
- Current Account Balance
- US$
- Labor Force, Total
- Employment in Agriculture
- %
- Employment in Industry
- %
- Employment in Services
- %
- Unemployment Rate
- %
- Imports of goods and services
- US$
- Exports of goods and services
- US$
- Total Merchandise Trade
- %
- FDI, net inflows
- US$
- Commercial Service Exports
- US$
fodder and vegetable crops; venison, sheep, dairy products; fish, squid
fish and wool processing; tourism
- Commodities
- wool, hides, meat, venison, fish, squid
- Partners
- Commodities
- fuel, food and drink, building materials, clothing
- Partners