Falkland Islands (Islas Malvinas) (2005) | Falkland Islands (Islas Malvinas) (2006) | |
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Age structure | 0-14 years: NA
15-64 years: NA 65 years and over: NA (2005 est.) |
0-14 years: NA
15-64 years: NA 65 years and over: NA (2006 est.) |
Airports | 5 (2004 est.) | 5 (2006) |
Airports - with paved runways | total: 2
2,438 to 3,047 m: 1 under 914 m: 1 (2004 est.) |
total: 2
2,438 to 3,047 m: 1 914 to 1,523 m: 1 (2006) |
Airports - with unpaved runways | total: 3
under 914 m: 3 (2004 est.) |
total: 3
under 914 m: 3 (2006) |
Birth rate | NA births/1,000 population (2005 est.) | NA births/1,000 population (2006 est.) |
Budget | revenues: $66.2 million
expenditures: $67.9 million, including capital expenditures of $23.2 million (FY98/99 est.) |
revenues: $66.2 million
expenditures: $67.9 million; including capital expenditures of $23.2 million (FY98/99 est.) |
Capital | Stanley | name: Stanley
geographic coordinates: 51 42 S, 57 41 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 |
Death rate | NA deaths/1,000 population (2005 est.) | NA deaths/1,000 population |
Disputes - international | Argentina, which claims the islands in its constitution and briefly occupied the islands by force in 1982, agreed in 1995 to no longer seek settlement by force; UK continues to reject Argentine requests for sovereignty talks | 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 |
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, 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. | 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 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, 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 | 17.72 million kWh (2002) | 20.68 million kWh (2003) |
Electricity - exports | 0 kWh (2002) | 0 kWh (2003) |
Electricity - imports | 0 kWh (2002) | 0 kWh (2003) |
Electricity - production | 19.06 million kWh (2002) | 22.23 million kWh (2003) |
Exchange rates | Falkland pounds per US dollar - 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001), 0.6609 (2000)
note: the Falkland pound is at par with the British pound |
Falkland pounds per US dollar - 0.55 (2005), 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001)
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 Chris SIMPKINS (since NA March 2003); Financial Secretary Derek 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); Financial Secretary Derek 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 |
Exports | NA | NA bbl/day |
Exports - partners | Spain 77.4%, UK 9.4%, US 4.9% (2004) | Spain 81.9%, US 6%, UK 4.5% (2005) |
GDP - composition by sector | agriculture: NA%
industry: NA% services: NA% |
agriculture: 95%
industry: NA% services: NA% |
GDP - per capita | purchasing power parity - $25,000 (2002 est.) | - |
Highways | total: 440 km
paved: 50 km unpaved: 390 km (2002) |
- |
Imports | NA | NA bbl/day |
Imports - partners | UK 63.2%, Spain 30.3%, France 3.6% (2004) | UK 72.5%, US 15.1%, Netherlands 8.5% (2005) |
Infant mortality rate | total: NA
male: NA female: NA (2005 est.) |
total: NA
male: NA female: NA |
Irrigated land | NA sq km | NA |
Labor force | 1,100 (est.) | 1,724 (est.) |
Labor force - by occupation | agriculture 95% (mostly sheepherding and fishing) | agriculture: 95% (mostly sheepherding and fishing)
industry and services: 5% |
Land use | arable land: 0%
permanent crops: 0% other: 100% (99% permanent pastures, 1% other) (2001) |
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 November 2005) election results: percent of vote - NA%; seats - independents 8; note - 71% voter turnout |
unicameral Legislative Council (10 seats - two ex officio, eight elected by popular vote, members serve four-year terms); presided over by the governor
elections: last held 17 November 2005 (next to be held 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 (2005 est.) |
total population: NA
male: NA female: NA |
Literacy | - | NA |
Merchant marine | none | - |
Net migration rate | NA migrant(s)/1,000 population (2005 est.) | NA migrant(s)/1,000 population (2006 est.) |
Population | 2,967 (July 2005 est.) | 2,967 (July 2006 est.) |
Population below poverty line | NA | NA% |
Population growth rate | 2.44% (2005 est.) | 2.44% (2006 est.) |
Ports and harbors | Stanley | - |
Radio broadcast stations | AM 1, FM 7, shortwave 0 (1998) | AM 1, FM 7, shortwave 0
note: British Forces Broadcasting Service (BFBS) provides Radio 1 (FM) and Radio 2 (AM) service (2006) |
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)
note: cable television is available in Stanley (2006) |
Total fertility rate | NA children born/woman (2005 est.) | NA children born/woman |