27, May 2012, CEST. Welcome to the Falkland Islands economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Falkland Islands (Islas Malvinas) (Islas Malvinas) › Change country
National or Regional Currency: Falklands Pound, FKP
Year of data: 2010 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2016
Date of Last Update: 1st August 2011
Population: 3,140 (July 2008 est.)
Area: total: 12,173 sq km land: 12,173 sq km water: 0 sq km note: includes the two main islands of East and West Falkland and about 200 small islands
Natural Resources: fish, squid, wildlife, calcified seaweed, sphagnum moss
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; note - DST will be observed throughout 2011 on a trial basis
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International

Falkland Islands' economy was formerly based on agriculture, fisheries and farming, but today fishing contributes the bulk of economic activity. 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. Tourism and transportation, especially eco-tourism and is increasing rapidly.