Falkland Islands (Islas Malvinas) (2008) | Falkland Islands (Islas Malvinas) (2006) | |
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 (2006 est.) |
Agriculture - products | fodder and vegetable crops; sheep, dairy products; fish, squid | fodder and vegetable crops; sheep, dairy products |
Airports | 6 (2007) | 5 (2006) |
Airports - with paved runways | total: 2
2,438 to 3,047 m: 1 914 to 1,523 m: 1 (2007) |
total: 2
2,438 to 3,047 m: 1 914 to 1,523 m: 1 (2006) |
Airports - with unpaved runways | total: 4
under 914 m: 4 (2007) |
total: 3
under 914 m: 3 (2006) |
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 an 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 Argentine surrender on 14 June 1982. |
Birth rate | NA | NA births/1,000 population (2006 est.) |
Budget | revenues: $66.2 million
expenditures: $67.9 million (FY98/99 est.) |
revenues: $66.2 million
expenditures: $67.9 million; including capital expenditures of $23.2 million (FY98/99 est.) |
Capital | 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 |
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 | NA deaths/1,000 population |
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 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. | 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 | 14.88 million kWh (2005) | 20.68 million kWh (2003) |
Electricity - exports | 0 kWh (2005) | 0 kWh (2003) |
Electricity - imports | 0 kWh (2005) | 0 kWh (2003) |
Electricity - production | 16 million kWh (2005) | 22.23 million kWh (2003) |
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 1986 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 Chornobyl disaster |
Exchange rates | Falkland pounds per US dollar - 0.4993 (2007), 0.5434 (2006), 0.5504 (2005), 0.5462 (2004), 0.6125 (2003)
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 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 |
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 | 0 bbl/day (2004) | NA bbl/day |
Exports - commodities | wool, hides, meat, fish, squid | wool, hides, meat |
Exports - partners | Spain 81.9%, US 6%, UK 4.5% (2006) | Spain 81.9%, US 6%, UK 4.5% (2005) |
GDP - composition by sector | agriculture: 95%
industry: NA% services: NA% (1996) |
agriculture: 95%
industry: NA% services: NA% |
Imports | 227.9 bbl/day (2004) | NA bbl/day |
Imports - partners | UK 72.5%, US 15.1%, Netherlands 8.5% (2006) | UK 72.5%, US 15.1%, Netherlands 8.5% (2005) |
Labor force | 1,724 (est.) (1996) | 1,724 (est.) |
Labor force - by occupation | agriculture: 95% (mostly sheepherding and fishing)
industry and services: 5% (1996) |
agriculture: 95% (mostly sheepherding and fishing)
industry and services: 5% |
Legislative branch | 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 |
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 |
Military expenditures - dollar figure | - | NA |
Net migration rate | NA | NA migrant(s)/1,000 population (2006 est.) |
Population | 3,105 (July 2007 est.) | 2,967 (July 2006 est.) |
Population growth rate | 2.44% (2007 est.) | 2.44% (2006 est.) |
Radio broadcast stations | AM 1, FM 7, shortwave 0 (British Forces Broadcasting Service (BFBS) provides Radio 1 and Radio 2 service) (2006) | 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 (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) | 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 | NA children born/woman |