Falkland Islands (Islas Malvinas) (2002) | Falkland Islands (Islas Malvinas) (2007) | |
Age structure | 0-14 years: NA%
15-64 years: NA% 65 years and over: NA% |
0-14 years: NA
15-64 years: NA 65 years and over: NA |
Agriculture - products | fodder and vegetable crops; sheep, dairy products | fodder and vegetable crops; sheep, dairy products; fish, squid |
Airports | 5 (2001) | 6 (2007) |
Airports - with paved runways | total: 2 2
2,438 to 3,047 m: 1 under 914 m: 1 1 (2002) |
total: 2
2,438 to 3,047 m: 1 914 to 1,523 m: 1 (2007) |
Airports - with unpaved runways | total: 3 3
under 914 m: 3 (2002) |
total: 4
under 914 m: 4 (2007) |
Background | Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. The colony was turned over to Spain two years later and the islands have since been the subject of a territorial dispute, first between Britain and Spain, then between Britain and Argentina. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. Argentina invaded the islands on 2 April 1982. The British responded with an expeditionary force that landed seven weeks later and after fierce fighting forced Argentine surrender on 14 June 1982. | Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. The colony was turned over to Spain two years later and the islands have since been the subject of a territorial dispute, first between Britain and Spain, then between Britain and Argentina. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. Argentina invaded the islands on 2 April 1982. The British responded with an expeditionary force that landed seven weeks later and after fierce fighting forced an Argentine surrender on 14 June 1982. |
Birth rate | NA births/1,000 population | NA |
Budget | revenues: $66.2 million
expenditures: $67.9 million, including capital expenditures of $23.2 million |
revenues: $66.2 million
expenditures: $67.9 million (FY98/99 est.) |
Capital | Stanley | name: Stanley
geographic coordinates: 51 42 S, 57 51 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins first Sunday in September; ends third Sunday in April |
Climate | cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; occasional snow all year, except in January and February, but does not accumulate | cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 24 inches in Stanley; occasional snow all year, except in January and February, but does not accumulate |
Currency | Falkland pound (FKP) | - |
Death rate | NA deaths/1,000 population | NA |
Disputes - international | claimed by Argentina | Argentina, which claims the islands in its constitution and briefly occupied them by force in 1982, agreed in 1995 to no longer seek settlement by force; UK continues to reject Argentine requests for sovereignty talks |
Economic aid - recipient | none | $0 (1997 est.) |
Economy - overview | The economy was formerly based on agriculture, mainly sheep farming, but today fishing contributes the bulk of economic activity. In 1987 the government began selling fishing licenses to foreign trawlers operating within the Falklands exclusive fishing zone. These license fees total more than $40 million per year, which goes to support the island's health, education, and welfare system. Squid accounts for 75% of the fish taken. Dairy farming supports domestic consumption; crops furnish winter fodder. Exports feature shipments of high-grade wool to the UK and the sale of postage stamps and coins. The islands are now self-financing except for defense. The British Geological Survey announced a 200-mile oil exploration zone around the islands in 1993, and early seismic surveys suggest substantial reserves capable of producing 500,000 barrels per day; to date no exploitable site has been identified. An agreement between Argentina and the UK in 1995 seeks to defuse licensing and sovereignty conflicts that would dampen foreign interest in exploiting potential oil reserves. Tourism is increasing rapidly, with about 30,000 visitors in 2001. The second largest source of income is interest paid on money the government has in the bank. The British military presence also provides a sizeable economic boost. | The economy was formerly based on agriculture, mainly sheep farming, but today fishing contributes 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 total more than $40 million per year, which help support the island's health, education, and welfare system. Squid accounts for 75% of the fish taken. Dairy farming supports domestic consumption; crops furnish winter fodder. Exports feature shipments of high-grade wool to the UK and the sale of postage stamps and coins. The islands are now self-financing except for defense. The British Geological Survey announced a 200-mile oil exploration zone around the islands in 1993, and early seismic surveys suggest substantial reserves capable of producing 500,000 barrels per day; to date, no exploitable site has been identified. An agreement between Argentina and the UK in 1995 seeks to defuse licensing and sovereignty conflicts that would dampen foreign interest in exploiting potential oil reserves. Tourism, especially eco-tourism, is increasing rapidly, with about 30,000 visitors in 2001. Another large source of income is interest paid on money the government has in the bank. The British military presence also provides a sizeable economic boost. |
Electricity - consumption | 11.2 million kWh (1999) | 14.88 million kWh (2005) |
Electricity - exports | 0 kWh (1999) | 0 kWh (2005) |
Electricity - imports | 0 kWh (1999) | 0 kWh (2005) |
Electricity - production | 12 million kWh (1999) | 16 million kWh (2005) |
Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (1999) |
- |
Environment - current issues | overfishing by unlicensed vessels is a problem; reindeer were introduced to the islands in 2001 for commercial reasons; this is the only commercial reindeer herd in the world unaffected by the Chornobyl disaster | overfishing by unlicensed vessels is a problem; reindeer were introduced to the islands in 2001 for commercial reasons; this is the only commercial reindeer herd in the world unaffected by the 1986 Chornobyl disaster |
Exchange rates | Falkland pounds per US dollar - 0.6981 (January 2002), 0.6944 (2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997); note - the Falkland pound is at par with the British pound | Falkland pounds per US dollar - 0.5434 (2006), 0.5504 (2005), 0.5462 (2004), 0.6125 (2003), 0.6672 (2002)
note: the Falkland pound is at par with the British pound |
Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952)
head of government: Governor Howard PEARCE (since 3 December 2002); Chief Executive A. M. GURR (since NA); Financial Secretary D. F. HOWATT (since NA) cabinet: Executive Council; three members elected by the Legislative Council, two ex officio members (chief executive and the financial secretary), and the governor elections: none; the monarchy is hereditary; governor appointed by the monarch |
chief of state: Queen ELIZABETH II (since 6 February 1952)
head of government: Governor Alan HUCKLE (since 25 August 2006); Chief Executive Chris SIMPKINS (since March 2003); note - Dr. Tim THOROGOOD will assume the position of Chief Executive in January 2008 cabinet: Executive Council; three members elected by the Legislative Council, two ex officio members (chief executive and the financial secretary), and the governor elections: none; the monarchy is hereditary; governor appointed by the monarch |
Exports | $7.6 million (1995) | NA bbl/day |
Exports - commodities | wool, hides, meat | wool, hides, meat, fish, squid |
Exports - partners | UK, Japan, Chile, NZ | Spain 81.9%, US 6%, UK 4.5% (2006) |
Flag description | blue with the flag of the UK in the upper hoist-side quadrant and the Falkland Island coat of arms in a white disk centered on the outer half of the flag; the coat of arms contains a white ram (sheep raising is the major economic activity) above the sailing ship Desire (whose crew discovered the islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT | blue with the flag of the UK in the upper hoist-side quadrant and the Falkland Island coat of arms centered on the outer half of the flag; the coat of arms contains a white ram (sheep raising was once the major economic activity) above the sailing ship Desire (whose crew discovered the islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT |
GDP | purchasing power parity - $52 million (1996 est.) | - |
GDP - composition by sector | agriculture: NA%
industry: NA% services: NA% |
agriculture: 95%
industry: NA% services: NA% (1996) |
GDP - per capita | purchasing power parity - $19,000 | - |
GDP - real growth rate | 1% | NA% |
Highways | total: 550 km
paved: at least 50 km unpaved: NA (2002) |
- |
Imports | $24.7 million (1995) | NA bbl/day |
Imports - partners | UK, Japan, Chile, NZ | UK 72.5%, US 15.1%, Netherlands 8.5% (2006) |
Industries | wool and fish processing; sale of stamps and coins; tourism | fish and wool processing; tourism |
Infant mortality rate | NA deaths/1,000 live births | total: NA
male: NA female: NA |
Inflation rate (consumer prices) | 3.6% (1998) (1998) | 3.6% (1998) |
International organization participation | ICFTU | ICFTU, UPU |
Internet Service Providers (ISPs) | 2 (2000) | - |
Irrigated land | NA sq km | NA |
Labor force | 1,100 (est.) | 1,724 (est.) (1996) |
Labor force - by occupation | agriculture 95% (mostly sheepherding and fishing) | agriculture: 95% (mostly sheepherding and fishing)
industry and services: 5% (1996) |
Land use | arable land: 0%
permanent crops: 0% other: 100% (99% permanent pastures, 1% other) (1998 est.) |
arable land: 0%
permanent crops: 0% other: 100% (99% permanent pastures, 1% other) (2005) |
Legislative branch | unicameral Legislative Council (10 seats - 2 ex officio, 8 elected by popular vote, members serve four-year terms); presided over by the governor
elections: last held 22 November 2001 (next to be held NA November 2005) election results: percent of vote - NA%; seats - independents 8; note - 71% voter turnout |
unicameral Legislative Council (10 seats; 2 members are ex officio and 8 are elected by popular vote; to serve four-year terms); presided over by the governor
elections: last held 17 November 2005 (next to be held in November 2009) election results: percent of vote - NA; seats - independents 8 |
Life expectancy at birth | total population: NA years
male: NA years female: NA years |
total population: NA
male: NA female: NA |
Literacy | - | NA |
Maritime claims | continental shelf: 200 NM
exclusive fishing zone: 200 NM territorial sea: 12 NM |
territorial sea: 12 nm
continental shelf: 200 nm exclusive fishing zone: 200 nm |
Merchant marine | none (2002 est.) | - |
Military branches | British Forces Falkland Islands no regular indigenous military forces; (includes Army, Royal Air Force, and Royal Navy), Police Force | no regular military forces |
Military expenditures - dollar figure | $NA | - |
Military expenditures - percent of GDP | NA% | NA |
Natural resources | fish, wildlife | fish, squid, wildlife, calcified seaweed, sphagnum moss |
Net migration rate | NA migrant(s)/1,000 population | NA |
Population | 2,967 (July 2002 est.) | 3,105 (July 2007 est.) |
Population growth rate | 2.44% (2002 est.) | 2.44% (2007 est.) |
Ports and harbors | Stanley | - |
Radio broadcast stations | AM 1, FM 7, shortwave 0 (1998) | AM 1, FM 7, shortwave 0 (British Forces Broadcasting Service (BFBS) provides Radio 1 and Radio 2 service) (2006) |
Radios | 1,000 (1997) | - |
Railways | 0 km | - |
Telephone system | general assessment: NA
domestic: government-operated radiotelephone and private VHF/CB radiotelephone networks provide effective service to almost all points on both islands international: satellite earth station - 1 Intelsat (Atlantic Ocean) with links through London to other countries |
general assessment: NA
domestic: government-operated radiotelephone and private VHF/CB radiotelephone networks provide effective service to almost all points on both islands international: country code - 500; satellite earth station - 1 Intelsat (Atlantic Ocean) with links through London to other countries |
Telephones - main lines in use | NA | 2,400 (2002) |
Telephones - mobile cellular | NA | 0 (2001) |
Television broadcast stations | 2 (operated by the British Forces Broadcasting Service)
note: cable television is available in Stanley (2002) |
2 (British Forces Broadcasting Service (BFBS) provides multi-channel satellite service to members of UK Forces as well as islanders); cable television is available in Stanley (2006) |
Total fertility rate | NA children born/woman | NA |
Unemployment rate | full employment; labor shortage | full employment; labor shortage (2001) |
Waterways | none | - |